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Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Retained Earnings : ₺252.1 Mil (As of Mar. 2024)


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What is Hitit Bilgisayar Hizmetleri AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Hitit Bilgisayar Hizmetleri AS's retained earnings for the quarter that ended in Mar. 2024 was ₺252.1 Mil.

Hitit Bilgisayar Hizmetleri AS's quarterly retained earnings increased from Sep. 2023 (₺161.7 Mil) to Dec. 2023 (₺207.2 Mil) and increased from Dec. 2023 (₺207.2 Mil) to Mar. 2024 (₺252.1 Mil).

Hitit Bilgisayar Hizmetleri AS's annual retained earnings increased from Dec. 2021 (₺28.9 Mil) to Dec. 2022 (₺84.8 Mil) and increased from Dec. 2022 (₺84.8 Mil) to Dec. 2023 (₺207.2 Mil).


Hitit Bilgisayar Hizmetleri AS Retained Earnings Historical Data

The historical data trend for Hitit Bilgisayar Hizmetleri 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.

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Hitit Bilgisayar Hizmetleri AS Retained Earnings Chart

Hitit Bilgisayar Hizmetleri AS Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 83.14 105.35 28.90 84.76 207.23

Hitit Bilgisayar Hizmetleri AS Quarterly Data
Dec18 Dec19 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 120.80 121.86 161.65 207.23 252.11

Hitit Bilgisayar Hizmetleri 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.


Hitit Bilgisayar Hizmetleri AS  (IST:HTTBT) 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.


Hitit Bilgisayar Hizmetleri AS (IST:HTTBT) Business Description

Traded in Other Exchanges
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Address
Resitpasa Mah. Katar Cad. No: 4/1 Ari, Teknokent 2 Ic Kapi No: 601 34469, Maslak, Istanbul, TUR
Hitit Bilgisayar Hizmetleri AS is a provider of airline IT solutions intended to meet the needs of industry players in the travel industry. The company's solutions offer a comprehensive suite that covers the entire operational life-circle, web-based airline reservations and ticketing systems, schedule and crew planning through core passenger service and ground-handling needs, industrial-standard accounting, reporting tools, as well as complementing solutions such as loyalty, customer management, multiple sales and distribution channels.

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