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PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Retained Earnings : Rp-34,934,566 Mil (As of Sep. 2023)


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What is PT Krakatau Steel (Persero) Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Krakatau Steel (Persero) Tbk's retained earnings for the quarter that ended in Sep. 2023 was Rp-34,934,566 Mil.

PT Krakatau Steel (Persero) Tbk's quarterly retained earnings declined from Mar. 2023 (Rp-33,338,736 Mil) to Jun. 2023 (Rp-33,441,075 Mil) and declined from Jun. 2023 (Rp-33,441,075 Mil) to Sep. 2023 (Rp-34,934,566 Mil).

PT Krakatau Steel (Persero) Tbk's annual retained earnings increased from Dec. 2020 (Rp-31,829,025 Mil) to Dec. 2021 (Rp-31,472,061 Mil) but then declined from Dec. 2021 (Rp-31,472,061 Mil) to Dec. 2022 (Rp-34,429,837 Mil).


PT Krakatau Steel (Persero) Tbk Retained Earnings Historical Data

The historical data trend for PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk Retained Earnings Chart

PT Krakatau Steel (Persero) Tbk Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -25,738,241.43 -32,247,696.60 -31,829,024.72 -31,472,061.30 -34,429,837.33

PT Krakatau Steel (Persero) Tbk Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 -33,389,056.01 -34,429,837.33 -33,338,735.57 -33,441,074.78 -34,934,565.68

PT Krakatau Steel (Persero) 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 Krakatau Steel (Persero) Tbk  (ISX:KRAS) 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 Krakatau Steel (Persero) Tbk (ISX:KRAS) Business Description

Traded in Other Exchanges
Address
Jalan Industri No. 5, P.O. Box 14, Banten, Cilegon, IDN, 42435
PT Krakatau Steel (Persero) Tbk is a steel producer in Indonesia. The company's products include Hot Rolled Coil, Cold Rolled Coil, and Wire Rod. Along with its subsidiaries, the company produces steel products with specific requirements, including Spiral Pipe, Electrical Resistance Welding Pipe, Reinforcing Bars, and Section Steel, particularly for national defense infrastructure in Indonesia. Apart from steel products, it also offers some other services and side products. It operates in five segments: Steel Products; Infrastructure facilities segment; Engineering and Construction; and Other Services. It derives the majority of revenue from the Steel Products segment.

PT Krakatau Steel (Persero) Tbk (ISX:KRAS) Headlines

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