Omnia Holdings (JSE:OMN) Retained Earnings : R6,070 Mil (As of Sep. 2023)

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What is Omnia Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Omnia Holdings's retained earnings for the quarter that ended in Sep. 2023 was R6,070 Mil.

Omnia Holdings's quarterly retained earnings increased from Sep. 2022 (R5,586 Mil) to Mar. 2023 (R6,215 Mil) but then declined from Mar. 2023 (R6,215 Mil) to Sep. 2023 (R6,070 Mil).

Omnia Holdings's annual retained earnings increased from Mar. 2021 (R6,041 Mil) to Mar. 2022 (R6,389 Mil) but then declined from Mar. 2022 (R6,389 Mil) to Mar. 2023 (R6,215 Mil).

Omnia Holdings Retained Earnings Historical Data

The historical data trend for Omnia Holdings'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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Omnia Holdings Retained Earnings Chart

Omnia Holdings Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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4,594.00

4,602.00

6,041.00

6,389.00

6,215.00

Omnia Holdings Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial															5,540.00	6,389.00	5,586.00	6,215.00	6,070.00

Omnia Holdings 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.

Omnia Holdings (JSE:OMN) 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.

Omnia Holdings (JSE:OMN) Business Description

Industry

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OHZ:Germany

Address

Omnia House, Building H, Monte Circle Office Park, 178 Montecasino Boulevard, Fourways, Sandton, Johannesburg, GT, ZAF, 2191

Website

https://www.omnia.co.za

Omnia Holdings Ltd is a holding company that, through its subsidiaries, manufactures and sells a variety of chemicals and chemical-based products. The firm's three segments are based on the end customer. The mining segment sells explosives and mining accessories to the mining, quarrying, and construction industries. The agriculture segment which generates the majority of revenue sells fertilizers and nutrients to the agricultural industry. The chemicals segment sells chemicals used to treat drinking water as well as chemicals used to produce renewable energy materials and animal nutrition products. The vast majority of revenue comes from Africa.