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Sun International (JSE:SUI) Retained Earnings : R5,857 Mil (As of Dec. 2024)


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What is Sun International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sun International's retained earnings for the quarter that ended in Dec. 2024 was R5,857 Mil.

Sun International's quarterly retained earnings increased from Dec. 2023 (R4,192 Mil) to Jun. 2024 (R4,504 Mil) and increased from Jun. 2024 (R4,504 Mil) to Dec. 2024 (R5,857 Mil).

Sun International's annual retained earnings increased from Dec. 2022 (R3,972 Mil) to Dec. 2023 (R4,192 Mil) and increased from Dec. 2023 (R4,192 Mil) to Dec. 2024 (R5,857 Mil).


Sun International Retained Earnings Historical Data

The historical data trend for Sun International'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.

Sun International Retained Earnings Chart

Sun International Annual Data
Trend Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - 3,972.00 4,192.00 5,857.00

Sun International Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 3,972.00 3,779.00 4,192.00 4,504.00 5,857.00

Sun International 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.


Sun International  (JSE:SUI) 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.


Sun International Business Description

Traded in Other Exchanges
Address
6 Sandown Valley Crescent, Sandton, PO Box 782121, Gauteng, Johannesburg, ZAF, 2196
Sun International Ltd is a resorts and casinos company. It owns and operates casinos, hotels, and resort properties in South Africa and Nigeria. Its Urban casinos include GrandWest, Sun City, Sibaya, Carnival City, Boardwalk, Wild Coast, Monticello, Meropa, Flamingo, and Golden Valley; and Resorts and hotels include Sun City, Wild Coast Sun, The Table Bay Hotel, and The Maslow Sandton.