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Sarkuysan Elektrolitik Bakirnayi AS (IST:SARKY) Retained Earnings : ₺2,628 Mil (As of Dec. 2023)


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What is Sarkuysan Elektrolitik Bakirnayi AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sarkuysan Elektrolitik Bakirnayi AS's retained earnings for the quarter that ended in Dec. 2023 was ₺2,628 Mil.

Sarkuysan Elektrolitik Bakirnayi AS's quarterly retained earnings increased from Dec. 2021 (₺798 Mil) to Dec. 2022 (₺1,576 Mil) and increased from Dec. 2022 (₺1,576 Mil) to Dec. 2023 (₺2,628 Mil).

Sarkuysan Elektrolitik Bakirnayi AS's annual retained earnings increased from Dec. 2021 (₺798 Mil) to Dec. 2022 (₺1,576 Mil) and increased from Dec. 2022 (₺1,576 Mil) to Dec. 2023 (₺2,628 Mil).


Sarkuysan Elektrolitik Bakirnayi AS Retained Earnings Historical Data

The historical data trend for Sarkuysan Elektrolitik Bakirnayi 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.

Sarkuysan Elektrolitik Bakirnayi AS Retained Earnings Chart

Sarkuysan Elektrolitik Bakirnayi AS 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 227.06 347.71 798.37 1,575.97 2,627.52

Sarkuysan Elektrolitik Bakirnayi AS Semi-Annual Data
Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 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 227.06 347.71 798.37 1,575.97 2,627.52

Sarkuysan Elektrolitik Bakirnayi 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.


Sarkuysan Elektrolitik Bakirnayi AS  (IST:SARKY) 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.


Sarkuysan Elektrolitik Bakirnayi AS Business Description

Traded in Other Exchanges
N/A
Address
Emek Mahallesi Asiroglu Caddesi No. 147, Kocaeli, Darica, TUR, 41700
Sarkuysan Elektrolitik Bakir Sanayi AS engages in the production and trading of electrolytic copper wire and alloy. It operates through the following segments: Copper, Enameled Copper Wire, CTC Wire, Spools, Machinery, and Other. The company generates maximum revenue from the Copper segment. Its products include a cathode, wire rod, electrolytic tough pitch, and deoxidized high phosphorus with billet, single wire, multi-wire, bunched conductors, flat wire, overhead catenary system wires, copper tube, and busbar, and copper nugget.

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