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Al Ansari Financial Services (DFM:ALANSARI) Retained Earnings : د.إ1,202 Mil (As of Mar. 2024)


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What is Al Ansari Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Al Ansari Financial Services's retained earnings for the quarter that ended in Mar. 2024 was د.إ1,202 Mil.

Al Ansari Financial Services's quarterly retained earnings declined from Sep. 2023 (د.إ1,633 Mil) to Dec. 2023 (د.إ1,403 Mil) and declined from Dec. 2023 (د.إ1,403 Mil) to Mar. 2024 (د.إ1,202 Mil).

Al Ansari Financial Services's annual retained earnings increased from Dec. 2021 (د.إ984 Mil) to Dec. 2022 (د.إ1,245 Mil) and increased from Dec. 2022 (د.إ1,245 Mil) to Dec. 2023 (د.إ1,403 Mil).


Al Ansari Financial Services Retained Earnings Historical Data

The historical data trend for Al Ansari Financial Services'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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Al Ansari Financial Services Retained Earnings Chart

Al Ansari Financial Services Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
630.71 668.76 983.98 1,245.09 1,402.78

Al Ansari Financial Services Quarterly Data
Dec19 Dec20 Dec21 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 - 1,508.38 1,632.89 1,402.78 1,201.52

Al Ansari Financial Services 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.


Al Ansari Financial Services  (DFM:ALANSARI) 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.


Al Ansari Financial Services (DFM:ALANSARI) Business Description

Traded in Other Exchanges
N/A
Address
Al Barsha 1, P.O Box 6176, Office No. 804, Al Ansari Business Center, Dubai, ARE
Al Ansari Financial Services is engaged in the business of buying and selling foreign currencies and traveller's cheques, cheques, executing remittance operations in local and foreign currencies, payment of wages through establishing a link to the operating system of wages protection, special products such as bill payments, cash collections, sale and reload of multi-currency prepaid cards) and transportation of cash and valuables.

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