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Seker Yatirim Menkul Degerler AS (IST:SKYMD) Retained Earnings : ₺-147 Mil (As of Dec. 2023)


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What is Seker Yatirim Menkul Degerler AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Seker Yatirim Menkul Degerler AS's retained earnings for the quarter that ended in Dec. 2023 was ₺-147 Mil.

Seker Yatirim Menkul Degerler AS's quarterly retained earnings increased from Jun. 2023 (₺85 Mil) to Sep. 2023 (₺128 Mil) but then declined from Sep. 2023 (₺128 Mil) to Dec. 2023 (₺-147 Mil).

Seker Yatirim Menkul Degerler AS's annual retained earnings declined from Dec. 2021 (₺50 Mil) to Dec. 2022 (₺-188 Mil) but then increased from Dec. 2022 (₺-188 Mil) to Dec. 2023 (₺-147 Mil).


Seker Yatirim Menkul Degerler AS Retained Earnings Historical Data

The historical data trend for Seker Yatirim Menkul Degerler 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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Seker Yatirim Menkul Degerler AS Retained Earnings Chart

Seker Yatirim Menkul Degerler AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
44.18 49.63 -188.06 -146.99

Seker Yatirim Menkul Degerler AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial - -188.06 85.13 128.10 -146.99

Seker Yatirim Menkul Degerler 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.


Seker Yatirim Menkul Degerler AS  (IST:SKYMD) 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.


Seker Yatirim Menkul Degerler AS (IST:SKYMD) Business Description

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Buyukdere Cad. No:171, Metrocity A Blok Kat:4-5 Esentepe, Sisli, Istanbul, TUR
Seker Yatirim Menkul Degerler AS is an investment company which offers serves as an broad authorized Intermediary Institution such as Trading Intermediary Operations, Portfolio Intermediary Operations, Individual Portfolio Management Activities, Investment Advisory, and IPO Intermediary through underwriting, Limited and General Custody Services.

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