GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) » Definitions » Retained Earnings

PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Retained Earnings : Rp2,031 Mil (As of Sep. 2023)


View and export this data going back to 2024. Start your Free Trial

What is PT Atlantis Subsea Indonesia Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Atlantis Subsea Indonesia Tbk's retained earnings for the quarter that ended in Sep. 2023 was Rp2,031 Mil.

PT Atlantis Subsea Indonesia Tbk's quarterly retained earnings increased from Sep. 2022 (Rp0 Mil) to Dec. 2022 (Rp23,255 Mil) but then declined from Dec. 2022 (Rp23,255 Mil) to Sep. 2023 (Rp2,031 Mil).

PT Atlantis Subsea Indonesia Tbk's annual retained earnings increased from Dec. 2020 (Rp3,516 Mil) to Dec. 2021 (Rp16,964 Mil) and increased from Dec. 2021 (Rp16,964 Mil) to Dec. 2022 (Rp23,255 Mil).


PT Atlantis Subsea Indonesia Tbk Retained Earnings Historical Data

The historical data trend for PT Atlantis Subsea Indonesia Tbk'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.

PT Atlantis Subsea Indonesia Tbk Retained Earnings Chart

PT Atlantis Subsea Indonesia Tbk Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
3,516.42 16,964.26 23,255.25

PT Atlantis Subsea Indonesia Tbk Quarterly Data
Dec20 Dec21 Sep22 Dec22 Sep23
Retained Earnings 3,516.42 16,964.26 - 23,255.25 2,031.24

PT Atlantis Subsea Indonesia Tbk 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.


PT Atlantis Subsea Indonesia Tbk  (ISX:ATLA) 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.


PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
Jalan Tebet Barat Dalam Raya No. 6, South Jakarta, IDN, 12810
PT Atlantis Subsea Indonesia Tbk provides specialist multi-disciplinary survey support, and provides solutions for the Oil and Gas, Energy & Renewable Energy and Marine Infrastructure sectors. It provides safe, high quality and integrated innovative services and technology engaged in surveys and services for energy companies.

PT Atlantis Subsea Indonesia Tbk (ISX:ATLA) Headlines

No Headlines