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PT Garda Tujuh Buana Tbk (ISX:GTBO) Retained Earnings : Rp316,059 Mil (As of Mar. 2024)


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What is PT Garda Tujuh Buana Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Garda Tujuh Buana Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp316,059 Mil.

PT Garda Tujuh Buana Tbk's quarterly retained earnings declined from Sep. 2023 (Rp400,742 Mil) to Dec. 2023 (Rp286,630 Mil) but then increased from Dec. 2023 (Rp286,630 Mil) to Mar. 2024 (Rp316,059 Mil).

PT Garda Tujuh Buana Tbk's annual retained earnings increased from Dec. 2021 (Rp149,411 Mil) to Dec. 2022 (Rp255,629 Mil) and increased from Dec. 2022 (Rp255,629 Mil) to Dec. 2023 (Rp286,630 Mil).


PT Garda Tujuh Buana Tbk Retained Earnings Historical Data

The historical data trend for PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk Retained Earnings Chart

PT Garda Tujuh Buana Tbk 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 164,796.52 156,480.97 149,410.69 255,628.95 286,629.56

PT Garda Tujuh Buana Tbk Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 285,726.34 382,426.79 400,741.52 286,629.56 316,058.69

PT Garda Tujuh Buana 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 Garda Tujuh Buana Tbk  (ISX:GTBO) 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 Garda Tujuh Buana Tbk (ISX:GTBO) Business Description

Traded in Other Exchanges
N/A
Address
Jl. MT Haryono Kav. 33, Gedung Menara Hijau Lantai 5, Suite 501A, Pancoran, Jakarta, IDN, 12770
PT Garda Tujuh Buana TBK is an Indonesia-based company which is engaged in the business of coal mining processing and logistics operations. It is involved in mining and selling low calorific value coal. The mining site is located in the north middle part of Bunyu Island that is unpopulated. The coal-fired power plant operators are its main customers. The company derives revenue from the sales of coal in Indonesia and other countries, of which key revenue is generated by exporting the coal.

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