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Sri Lanka Telecom (COL:SLTL.N0000) Retained Earnings : රු70,647 Mil (As of Mar. 2024)


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What is Sri Lanka Telecom Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sri Lanka Telecom's retained earnings for the quarter that ended in Mar. 2024 was රු70,647 Mil.

Sri Lanka Telecom's quarterly retained earnings declined from Sep. 2023 (රු71,440 Mil) to Dec. 2023 (රු70,152 Mil) but then increased from Dec. 2023 (රු70,152 Mil) to Mar. 2024 (රු70,647 Mil).

Sri Lanka Telecom's annual retained earnings declined from Dec. 2021 (රු74,714 Mil) to Dec. 2022 (රු74,024 Mil) and declined from Dec. 2022 (රු74,024 Mil) to Dec. 2023 (රු70,152 Mil).


Sri Lanka Telecom Retained Earnings Historical Data

The historical data trend for Sri Lanka Telecom'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.

Sri Lanka Telecom Retained Earnings Chart

Sri Lanka Telecom Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59,574.00 65,056.00 74,714.00 74,024.00 70,152.00

Sri Lanka Telecom Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 75,195.00 72,688.00 71,440.00 70,152.00 70,647.00

Sri Lanka Telecom 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.


Sri Lanka Telecom  (COL:SLTL.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.


Sri Lanka Telecom (COL:SLTL.N0000) Business Description

Traded in Other Exchanges
N/A
Address
Lotus Road, P.O. Box 503, Telecom Headquarters, Colombo, LKA, 01
Sri Lanka Telecom PLC is the National Information and Communications Technology (ICT) solutions, and broadband and infrastructure services provider in Sri Lanka. It operates in three segments, namely, fixed ICT operations, mobile ICT operations, and other segment operations. Fixed ICT operations include the supply of fixed telecommunication services. Mobile ICT operations include the supply of mobile telecommunication services. Other segment operations include Directory publication and support services.

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