GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Retail - Cyclical » Gimat Magazacilik Sanayi ve Ticaret AS (IST:GMTAS) » Definitions » Retained Earnings

Gimat Magazaciliknayi ve Ticaret AS (IST:GMTAS) Retained Earnings : ₺24 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Gimat Magazaciliknayi ve Ticaret AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gimat Magazaciliknayi ve Ticaret AS's retained earnings for the quarter that ended in Dec. 2023 was ₺24 Mil.

Gimat Magazaciliknayi ve Ticaret AS's quarterly retained earnings increased from Jun. 2023 (₺289 Mil) to Sep. 2023 (₺306 Mil) but then declined from Sep. 2023 (₺306 Mil) to Dec. 2023 (₺24 Mil).

Gimat Magazaciliknayi ve Ticaret AS's annual retained earnings declined from Dec. 2021 (₺95 Mil) to Dec. 2022 (₺-7 Mil) but then increased from Dec. 2022 (₺-7 Mil) to Dec. 2023 (₺24 Mil).


Gimat Magazaciliknayi ve Ticaret AS Retained Earnings Historical Data

The historical data trend for Gimat Magazaciliknayi ve Ticaret 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.

Gimat Magazaciliknayi ve Ticaret AS Retained Earnings Chart

Gimat Magazaciliknayi ve Ticaret AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 24.55 64.05 95.38 -7.10 23.58

Gimat Magazaciliknayi ve Ticaret AS Quarterly Data
Dec18 Dec19 Jun20 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 -7.10 287.86 289.31 306.19 23.58

Gimat Magazaciliknayi ve Ticaret 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.


Gimat Magazaciliknayi ve Ticaret AS  (IST:GMTAS) 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.


Gimat Magazaciliknayi ve Ticaret AS (IST:GMTAS) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Macun Mah. Bagdat Cad, 101/1 Yenimahalle, Ankara, TUR
Gimat Magazacilik Sanayi ve Ticaret AS is engaged in the operations of convenience stores. Its products include Beverages, Non Food products, Sea Food, Meat, Bakery products, Cosmetics, and Cleaning products among others.

Gimat Magazaciliknayi ve Ticaret AS (IST:GMTAS) Headlines

No Headlines