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Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) Retained Earnings : ₺2,711.36 Mil (As of Mar. 2024)


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What is Vera Konsept Gayrimenkul Yatirim Ortakligi AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vera Konsept Gayrimenkul Yatirim Ortakligi AS's retained earnings for the quarter that ended in Mar. 2024 was ₺2,711.36 Mil.

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's quarterly retained earnings increased from Sep. 2023 (₺2,155.86 Mil) to Dec. 2023 (₺2,380.99 Mil) and increased from Dec. 2023 (₺2,380.99 Mil) to Mar. 2024 (₺2,711.36 Mil).

Vera Konsept Gayrimenkul Yatirim Ortakligi AS's annual retained earnings increased from Dec. 2021 (₺40.26 Mil) to Dec. 2022 (₺1,805.99 Mil) and increased from Dec. 2022 (₺1,805.99 Mil) to Dec. 2023 (₺2,380.99 Mil).


Vera Konsept Gayrimenkul Yatirim Ortakligi AS Retained Earnings Historical Data

The historical data trend for Vera Konsept Gayrimenkul Yatirim Ortakligi 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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Vera Konsept Gayrimenkul Yatirim Ortakligi AS Retained Earnings Chart

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
1.83 40.26 1,805.99 2,380.99

Vera Konsept Gayrimenkul Yatirim Ortakligi AS Quarterly Data
Dec20 Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - 2,150.07 2,155.86 2,380.99 2,711.36

Vera Konsept Gayrimenkul Yatirim Ortakligi 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.


Vera Konsept Gayrimenkul Yatirim Ortakligi AS  (IST:VRGYO) 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.


Vera Konsept Gayrimenkul Yatirim Ortakligi AS (IST:VRGYO) Business Description

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Address
Mevlana Bulv, Yelken Plaza Apt No: 139 A/59, Balgat District, Cankaya, Ankara, TUR
Vera Konsept Gayrimenkul Yatirim Ortakligi AS is a real estate investment trust whose main field of activity is to carry out all kinds of architectural plans and project drawings and construction, contracting works.

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