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Galata Wind Enerji (IST:GWIND) Retained Earnings : ₺5,373 Mil (As of Sep. 2024)


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What is Galata Wind Enerji Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Galata Wind Enerji's retained earnings for the quarter that ended in Sep. 2024 was ₺5,373 Mil.

Galata Wind Enerji's quarterly retained earnings declined from Mar. 2024 (₺4,862 Mil) to Jun. 2024 (₺4,793 Mil) but then increased from Jun. 2024 (₺4,793 Mil) to Sep. 2024 (₺5,373 Mil).

Galata Wind Enerji's annual retained earnings increased from Dec. 2021 (₺433 Mil) to Dec. 2022 (₺3,903 Mil) and increased from Dec. 2022 (₺3,903 Mil) to Dec. 2023 (₺4,044 Mil).


Galata Wind Enerji Retained Earnings Historical Data

The historical data trend for Galata Wind Enerji'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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Galata Wind Enerji Retained Earnings Chart

Galata Wind Enerji Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 229.64 372.47 433.10 3,903.03 4,044.04

Galata Wind Enerji Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1,786.15 4,044.04 4,861.87 4,793.28 5,372.65

Galata Wind Enerji 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.


Galata Wind Enerji  (IST:GWIND) 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.


Galata Wind Enerji Business Description

Traded in Other Exchanges
N/A
Address
Burhaniye Mahallesi Kisikli, Caddesi No: 65, Uskudar, Istanbul, TUR, 34676
Galata Wind Enerji is engaged in establishing, commissioning, leasing electrical energy production facilities, and electricity generation. It produces renewable energy and develops battery solutions. The firm designs solar energy systems to produce energy on the roofs of homes, schools, workplaces, fuel stations, and production centers.

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