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Turk Traktor ve Ziraat Makineleri AS (IST:TTRAK) Retained Earnings : ₺12,000 Mil (As of Dec. 2024)


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What is Turk Traktor ve Ziraat Makineleri AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Turk Traktor ve Ziraat Makineleri AS's retained earnings for the quarter that ended in Dec. 2024 was ₺12,000 Mil.

Turk Traktor ve Ziraat Makineleri AS's quarterly retained earnings increased from Jun. 2024 (₺11,653 Mil) to Sep. 2024 (₺13,619 Mil) but then declined from Sep. 2024 (₺13,619 Mil) to Dec. 2024 (₺12,000 Mil).

Turk Traktor ve Ziraat Makineleri AS's annual retained earnings increased from Dec. 2022 (₺6,532 Mil) to Dec. 2023 (₺17,862 Mil) but then declined from Dec. 2023 (₺17,862 Mil) to Dec. 2024 (₺12,000 Mil).


Turk Traktor ve Ziraat Makineleri AS Retained Earnings Historical Data

The historical data trend for Turk Traktor ve Ziraat Makineleri 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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Turk Traktor ve Ziraat Makineleri AS Retained Earnings Chart

Turk Traktor ve Ziraat Makineleri AS Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,298.28 1,796.86 6,531.79 17,862.20 12,000.07

Turk Traktor ve Ziraat Makineleri AS Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 17,862.20 8,959.48 11,653.47 13,619.45 12,000.07

Turk Traktor ve Ziraat Makineleri 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.


Turk Traktor ve Ziraat Makineleri AS  (IST:TTRAK) 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.


Turk Traktor ve Ziraat Makineleri AS Business Description

Traded in Other Exchanges
N/A
Address
Gazi Mahallesi Anadolu Boulevard No: 52 - 52A, Yenimahalle, Ankara, TUR, 06560
Turk Traktor ve Ziraat Makineleri AS is one of the largest tractor manufacturers in Turkey. It sells tractors, combine harvesters, planters, cotton pickers, and other agricultural machinery and equipment. The company's worldwide sales and marketing network generates recurring aftermarket sales and showcases new features in product development. Plants are equipped with gear and heat treatment facilities, specialized machines, engine manufacturing facilities, paint shops, and assembly lines. The company also operates quality control labs, testing equipment, and incorporates research and development to design and produce innovative solutions. Most parts and components are manufactured internally, but the company may use third parties to meet international quality standards.

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