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Migros Turk TAS (IST:MGROS) Retained Earnings : ₺37,865 Mil (As of Mar. 2024)


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What is Migros Turk TAS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Migros Turk TAS's retained earnings for the quarter that ended in Mar. 2024 was ₺37,865 Mil.

Migros Turk TAS's quarterly retained earnings increased from Sep. 2023 (₺6,489 Mil) to Dec. 2023 (₺32,025 Mil) and increased from Dec. 2023 (₺32,025 Mil) to Mar. 2024 (₺37,865 Mil).

Migros Turk TAS's annual retained earnings increased from Dec. 2021 (₺-556 Mil) to Dec. 2022 (₺23,085 Mil) and increased from Dec. 2022 (₺23,085 Mil) to Dec. 2023 (₺32,025 Mil).


Migros Turk TAS Retained Earnings Historical Data

The historical data trend for Migros Turk TAS'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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Migros Turk TAS Retained Earnings Chart

Migros Turk TAS 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 -562.62 -819.73 -555.96 23,085.02 32,025.14

Migros Turk TAS Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 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 Premium Member Only Premium Member Only Premium Member Only 2,371.80 4,306.41 6,489.46 32,025.14 37,865.38

Migros Turk TAS 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.


Migros Turk TAS  (IST:MGROS) 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.


Migros Turk TAS (IST:MGROS) Business Description

Traded in Other Exchanges
N/A
Address
Atatürk Mah. Turgut Özal Bulvar? No: 7, Atasehir - Istanbul, TUR, 34758
Migros Turk TAS is a Turkey-based company that is principally engaged in the retail business. The company offers a broad range of merchandise, including food items, groceries, cosmetics, glass and kitchenware, stationery, electronic appliances, books, and others. The company operates through a number of store brands, including Migros stores, which account for the majority of the company's total stores; Macrocenter stores, which provides exclusive goods; and Ramstore stores, which are located outside Turkey and offer Turkish products. The company also operates business through an online channel. It generates the majority of its total revenue from the domestic market.

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