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Telkom SOC (JSE:TKG) Retained Earnings : R17,978 Mil (As of Sep. 2023)


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What is Telkom SOC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Telkom SOC's retained earnings for the quarter that ended in Sep. 2023 was R17,978 Mil.

Telkom SOC's quarterly retained earnings declined from Sep. 2022 (R27,478 Mil) to Mar. 2023 (R16,981 Mil) but then increased from Mar. 2023 (R16,981 Mil) to Sep. 2023 (R17,978 Mil).

Telkom SOC's annual retained earnings increased from Mar. 2021 (R23,919 Mil) to Mar. 2022 (R26,813 Mil) but then declined from Mar. 2022 (R26,813 Mil) to Mar. 2023 (R16,981 Mil).


Telkom SOC Retained Earnings Historical Data

The historical data trend for Telkom SOC'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.

Telkom SOC Retained Earnings Chart

Telkom SOC Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 22,390.00 21,863.00 23,919.00 26,813.00 16,981.00

Telkom SOC 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 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 25,467.00 26,813.00 27,478.00 16,981.00 17,978.00

Telkom SOC 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.


Telkom SOC  (JSE:TKG) 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.


Telkom SOC (JSE:TKG) Business Description

Traded in Other Exchanges
Address
61 Oak Avenue, Telkom Park, Highveld, Centurion, GT, ZAF, 0157
Telkom SA SOC Ltd provides fixed-line voice and data communications services in South Africa. The fixed-line segment has more than 4.5 million access lines in South Africa, where fixed-line penetration is 9.3%. Telkom offers wireless data services through subsidiary Swiftnet. The firm owns 75% of Multi-Links, a mobile operation in Nigeria with 1.78 million subscribers. The firm also owns Africa Online, which has more than 17,000 Internet customers throughout the continent.

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