GURUFOCUS.COM » STOCK LIST » Industrials » Construction » Usak Seramik Sanayii AS (IST:USAK) » Definitions » Retained Earnings

Usak Seramiknayii AS (IST:USAK) Retained Earnings : ₺1,090 Mil (As of Sep. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Usak Seramiknayii AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Usak Seramiknayii AS's retained earnings for the quarter that ended in Sep. 2024 was ₺1,090 Mil.

Usak Seramiknayii AS's quarterly retained earnings increased from Mar. 2024 (₺1,052 Mil) to Jun. 2024 (₺1,067 Mil) and increased from Jun. 2024 (₺1,067 Mil) to Sep. 2024 (₺1,090 Mil).

Usak Seramiknayii AS's annual retained earnings increased from Dec. 2021 (₺132 Mil) to Dec. 2022 (₺827 Mil) and increased from Dec. 2022 (₺827 Mil) to Dec. 2023 (₺997 Mil).


Usak Seramiknayii AS Retained Earnings Historical Data

The historical data trend for Usak Seramiknayii 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.

Usak Seramiknayii AS Retained Earnings Chart

Usak Seramiknayii 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 33.01 69.75 131.85 827.20 997.06

Usak Seramiknayii AS Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 405.50 997.06 1,051.57 1,067.04 1,090.01

Usak Seramiknayii 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.


Usak Seramiknayii AS  (IST:USAK) 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.


Usak Seramiknayii AS Business Description

Traded in Other Exchanges
N/A
Address
Dilek Mahallesi De?irmenler Sokak No:100, Banaz, Istanbul, TUR, 64500
Usak Seramik Sanayii AS is a Turkey-based company engaged in the manufacture, sale and distribution of wall and floor ceramics and tiles, glazed porcelain tiles, decorative borders and panels for the construction industry. It also offers granite tiles, kerb, decor, Wall, Floor and Porcelain Tiles.

Usak Seramiknayii AS Headlines

From GuruFocus

Top 5 3rd Quarter Trades of Mork Capital Management, LLC

By GuruFocus Research GuruFocus Editor 11-15-2022