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Asiri Hospital Holdings (COL:ASIR.N0000) Retained Earnings : රු6,641 Mil (As of Sep. 2024)


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What is Asiri Hospital Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Asiri Hospital Holdings's retained earnings for the quarter that ended in Sep. 2024 was රු6,641 Mil.

Asiri Hospital Holdings's quarterly retained earnings increased from Mar. 2024 (රු6,457 Mil) to Jun. 2024 (රු7,879 Mil) but then declined from Jun. 2024 (රු7,879 Mil) to Sep. 2024 (රු6,641 Mil).

Asiri Hospital Holdings's annual retained earnings increased from Mar. 2022 (රු2,990 Mil) to Mar. 2023 (රු4,601 Mil) and increased from Mar. 2023 (රු4,601 Mil) to Mar. 2024 (රු6,457 Mil).


Asiri Hospital Holdings Retained Earnings Historical Data

The historical data trend for Asiri Hospital Holdings'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.

* Premium members only.

Asiri Hospital Holdings Retained Earnings Chart

Asiri Hospital Holdings Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,683.47 2,327.57 2,990.07 4,600.55 6,456.69

Asiri Hospital Holdings Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5,694.44 6,557.87 6,456.69 7,879.30 6,641.31

Asiri Hospital Holdings 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.


Asiri Hospital Holdings  (COL:ASIR.N0000) 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.


Asiri Hospital Holdings Business Description

Traded in Other Exchanges
N/A
Address
No. 21, Kirimandala Mawatha, Colombo, LKA, 05
Asiri Hospital Holdings PLC operates a hospital, provides healthcare services, and manages and holds investments in the healthcare industry. The company's hospitals provide services in the areas of diabetes, mother and baby care, psychology, radiology, general surgeries, chemotherapy, pediatrics, nuclear medicine, pain management, sleep study, and physiotherapy, and others. It operates in three segments: Pre-care, Post-care, and Pharmaceutical. The company generates maximum revenue from the Post Care segment.

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