GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Sui Northern Gas Pipelines Ltd (KAR:SNGP) » Definitions » Retained Earnings

Sui Northern Gas Pipelines (KAR:SNGP) Retained Earnings : ₨32,341 Mil (As of Mar. 2023)


View and export this data going back to 1964. Start your Free Trial

What is Sui Northern Gas Pipelines Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sui Northern Gas Pipelines's retained earnings for the quarter that ended in Mar. 2023 was ₨32,341 Mil.

Sui Northern Gas Pipelines's quarterly retained earnings increased from Sep. 2022 (₨26,519 Mil) to Dec. 2022 (₨30,060 Mil) and increased from Dec. 2022 (₨30,060 Mil) to Mar. 2023 (₨32,341 Mil).

Sui Northern Gas Pipelines's annual retained earnings increased from Jun. 2020 (₨14,187 Mil) to Jun. 2021 (₨23,270 Mil) and increased from Jun. 2021 (₨23,270 Mil) to Jun. 2022 (₨28,698 Mil).


Sui Northern Gas Pipelines Retained Earnings Historical Data

The historical data trend for Sui Northern Gas Pipelines'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.

Sui Northern Gas Pipelines Retained Earnings Chart

Sui Northern Gas Pipelines Annual Data
Trend Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7,726.83 10,092.36 14,187.01 23,270.22 28,698.21

Sui Northern Gas Pipelines Quarterly Data
Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
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 28,902.23 28,698.21 26,518.79 30,059.85 32,340.54

Sui Northern Gas Pipelines 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.


Sui Northern Gas Pipelines  (KAR:SNGP) 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.


Sui Northern Gas Pipelines (KAR:SNGP) Business Description

Traded in Other Exchanges
N/A
Address
Gas House, 21 Kashmir Road, P.O. Box No. 56, Lahore, PB, PAK, 54000
Sui Northern Gas Pipelines Ltd is a part of the utility sector. The company is engaged in the purchase, transmission, distribution, and supply of natural gas. It has also expanded its activities like engineering, procurement, and construction (EPC) contractor to undertake the planning, designing, and construction of pipelines, both for itself and other organizations.

Sui Northern Gas Pipelines (KAR:SNGP) Headlines

No Headlines