GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Dubai National Insurance & Reinsurance PSC (DFM:DNIR) » Definitions » Retained Earnings

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Retained Earnings : د.إ196.8 Mil (As of Dec. 2023)


View and export this data going back to 2000. Start your Free Trial

What is Dubai National Insurance & Reinsurance PSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dubai National Insurance & Reinsurance PSC's retained earnings for the quarter that ended in Dec. 2023 was د.إ196.8 Mil.

Dubai National Insurance & Reinsurance PSC's quarterly retained earnings increased from Jun. 2023 (د.إ180.1 Mil) to Sep. 2023 (د.إ193.3 Mil) and increased from Sep. 2023 (د.إ193.3 Mil) to Dec. 2023 (د.إ196.8 Mil).

Dubai National Insurance & Reinsurance PSC's annual retained earnings declined from Dec. 2021 (د.إ182.3 Mil) to Dec. 2022 (د.إ168.3 Mil) but then increased from Dec. 2022 (د.إ168.3 Mil) to Dec. 2023 (د.إ196.8 Mil).


Dubai National Insurance & Reinsurance PSC Retained Earnings Historical Data

The historical data trend for Dubai National Insurance & Reinsurance PSC'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.

Dubai National Insurance & Reinsurance PSC Retained Earnings Chart

Dubai National Insurance & Reinsurance PSC 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 58.34 142.63 182.34 168.29 196.85

Dubai National Insurance & Reinsurance PSC Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 168.29 183.56 180.06 193.27 196.85

Dubai National Insurance & Reinsurance PSC 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.


Dubai National Insurance & Reinsurance PSC  (DFM:DNIR) 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.


Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Business Description

Traded in Other Exchanges
N/A
Address
Dubai National Insurance Building, P.O. Box 1806, 7th & 9th Floor and Ground Floor, Deira, Port Saeed, Opposite to Deira City Centre, Dubai, ARE
Dubai National Insurance & Reinsurance PSC is engaged in providing insurance and reinsurance services. The company's insurance services consist of commercial insurance that includes motor fleet insurance, group medical insurance, engineering, general accidents, liability, marine, property, and group life, and personal accident insurance. Its personal insurance includes motor insurance, medical insurance, and travel insurance. Its segments include the Underwriting segment which is divided into general Insurance and life Insurance; and the Investments segment which is divided into Investment Property and Financial Assets. The company generates maximum revenue from the Underwriting segment.

Dubai National Insurance & Reinsurance PSC (DFM:DNIR) Headlines

No Headlines