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Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Retained Earnings : $417.0 Mil (As of Dec. 2023)


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What is Koza Altin Izletmeleri AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Koza Altin Izletmeleri AS's retained earnings for the quarter that ended in Dec. 2023 was $417.0 Mil.

Koza Altin Izletmeleri AS's quarterly retained earnings declined from Jun. 2023 ($430.6 Mil) to Sep. 2023 ($379.6 Mil) but then increased from Sep. 2023 ($379.6 Mil) to Dec. 2023 ($417.0 Mil).

Koza Altin Izletmeleri AS's annual retained earnings increased from Dec. 2021 ($758.1 Mil) to Dec. 2022 ($1,056.5 Mil) but then declined from Dec. 2022 ($1,056.5 Mil) to Dec. 2023 ($417.0 Mil).


Koza Altin Izletmeleri AS Retained Earnings Historical Data

The historical data trend for Koza Altin Izletmeleri AS'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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Koza Altin Izletmeleri AS Retained Earnings Chart

Koza Altin Izletmeleri AS Annual Data
Trend Dec13 Dec14 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 933.63 943.20 758.09 1,056.52 417.01

Koza Altin Izletmeleri AS Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,056.52 509.65 430.58 379.56 417.01

Koza Altin Izletmeleri AS 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.


Koza Altin Izletmeleri AS  (OTCPK:KOZAY) 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.


Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Business Description

Traded in Other Exchanges
Address
?stanbul Yolu, 10.km, No:310, Bat?kent, Ankara, TUR
Koza Altin Izletmeleri AS is a Turkey-based gold production company. The company has over 200 exploration licenses throughout Turkey the Aegean and Marmara regions, the Black Sea region, and Central and Eastern Anatolia. The company owns four operating mines, including an underground mine at Ovacik, a mine in Cukuralan that utilises both underground and open pit mining methods, and an open pit mine at Kaymaz. The company also has feasibility stage projects located near Agri in northeast Turkey and projects in the middle of Turkey.

Koza Altin Izletmeleri AS (Koza Altin Izletmeleri AS) Headlines

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