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Societe des Boissons du Maroc (CAS:SBM) Retained Earnings : MAD215 Mil (As of Dec. 2024)


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What is Societe des Boissons du Maroc Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Societe des Boissons du Maroc's retained earnings for the quarter that ended in Dec. 2024 was MAD215 Mil.

Societe des Boissons du Maroc's quarterly retained earnings declined from Dec. 2023 (MAD637 Mil) to Jun. 2024 (MAD75 Mil) but then increased from Jun. 2024 (MAD75 Mil) to Dec. 2024 (MAD215 Mil).

Societe des Boissons du Maroc's annual retained earnings increased from Dec. 2022 (MAD399 Mil) to Dec. 2023 (MAD637 Mil) but then declined from Dec. 2023 (MAD637 Mil) to Dec. 2024 (MAD215 Mil).


Societe des Boissons du Maroc Retained Earnings Historical Data

The historical data trend for Societe des Boissons du Maroc's Retained Earnings can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Societe des Boissons du Maroc Retained Earnings Chart

Societe des Boissons du Maroc Annual Data
Trend Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 230.71 334.80 398.75 637.25 215.36

Societe des Boissons du Maroc Semi-Annual Data
Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 398.75 111.82 637.25 74.77 215.36

Societe des Boissons du Maroc Retained Earnings Calculation

Retained Earnings is the accumulated portion of net income that is not distributed to shareholders. Because the net income was not distributed to shareholders, shareholders' equity is increased by the same amount.

Of course, if a company loses, it is called retained losses, or accumulated losses.


Societe des Boissons du Maroc  (CAS:SBM) Retained Earnings Explanation

Historically profitable companies sometimes have negative retained earnings. This is because they have cumulatively paid out more to shareholders than they reported in profits.

For example, in 2011, Microsoft had negative retained earnings. This does not mean the company lost more money than it made over the years. It just means it paid out more money than it earned.

If a company has negative retained earnings, investors should check the 10-year financial results. They should not assume that negative retained earnings prove a company has generally lost money in the past.

Of course, many companies with negative retained earnings have indeed lost money in the past.

Retained Earnings: Warren Buffett's Secret.

One of the most important indicators of durable competitive advantage. Net earnings can be paid out as dividends, used to buy back shares or retained for growth.

If the company loses more than it has accumulated, retained earnings is negative.

If a company isn't adding to its retained earnings, it isn't growing its net worth.

Rate of growth of retained earnings is good indicator whether it's benefiting from a competitive advantage.

Microsoft is negative because it chose to buyback stock and pay dividends.

The more earnings retained, the faster it grows and increases growth rate for future earnings.


Societe des Boissons du Maroc Business Description

Traded in Other Exchanges
N/A
Address
Boulevard Ain Ifrane, Tit-Mellil, Casablanca, MAR, 20400
Societe des Boissons du Maroc is a Morocco-based company engaged in the business of manufacturing wine, beer, soft drinks and mineral water.

Societe des Boissons du Maroc Headlines