Astor Enerji AS (IST:ASTOR) Retained Earnings : ₺11,845 Mil (As of Sep. 2024)

View and export this data going back to 2023. Start your Free Trial

What is Astor Enerji AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Astor Enerji AS's retained earnings for the quarter that ended in Sep. 2024 was ₺11,845 Mil.

Astor Enerji AS's quarterly retained earnings increased from Mar. 2024 (₺9,451 Mil) to Jun. 2024 (₺10,907 Mil) and increased from Jun. 2024 (₺10,907 Mil) to Sep. 2024 (₺11,845 Mil).

Astor Enerji AS's annual retained earnings increased from Dec. 2021 (₺197 Mil) to Dec. 2022 (₺4,056 Mil) and increased from Dec. 2022 (₺4,056 Mil) to Dec. 2023 (₺7,668 Mil).

Astor Enerji AS Retained Earnings Historical Data

The historical data trend for Astor Enerji AS'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.

Astor Enerji AS Retained Earnings Chart

Astor Enerji AS Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

126.69

352.27

196.93

4,055.76

7,667.99

Astor Enerji AS Quarterly Data
	Dec19	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial										4,399.30	7,667.99	9,450.50	10,906.98	11,845.02

Astor Enerji AS 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.

Astor Enerji AS (IST:ASTOR) 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.

Astor Enerji AS Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Astor Enerji AS (IST:ASTOR) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Soganlik Orta Mah. D-100 Kuzey Yanyol No:26, Floor:8 Flat 89-90 Safi Espadon Residence, Kartal, Istanbul, TUR

Website

https://www.astoras.com.tr

Astor Enerji AS is engaged in the manufacturing of transformer and switching products. The product portfolio of the company includes Oily Type Distribution Transformers, Cast Resin Dry Type Transformers, Power Transformers, Medium Voltage Switching Products, Compact Transformer Substations, RMU and Metal Clad.

Astor Enerji AS Headlines

No Headlines