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Bahrain Kuwait Insurance Co BSC (KUW:BKIKWT) Retained Earnings : KWD11.93 Mil (As of Mar. 2024)


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What is Bahrain Kuwait Insurance Co BSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bahrain Kuwait Insurance Co BSC's retained earnings for the quarter that ended in Mar. 2024 was KWD11.93 Mil.

Bahrain Kuwait Insurance Co BSC's quarterly retained earnings increased from Sep. 2023 (KWD13.16 Mil) to Dec. 2023 (KWD13.94 Mil) but then declined from Dec. 2023 (KWD13.94 Mil) to Mar. 2024 (KWD11.93 Mil).

Bahrain Kuwait Insurance Co BSC's annual retained earnings increased from Dec. 2021 (KWD11.72 Mil) to Dec. 2022 (KWD12.77 Mil) and increased from Dec. 2022 (KWD12.77 Mil) to Dec. 2023 (KWD13.94 Mil).


Bahrain Kuwait Insurance Co BSC Retained Earnings Historical Data

The historical data trend for Bahrain Kuwait Insurance Co BSC'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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Bahrain Kuwait Insurance Co BSC Retained Earnings Chart

Bahrain Kuwait Insurance Co BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 9.90 10.99 11.72 12.77 13.94

Bahrain Kuwait Insurance Co BSC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 11.17 12.20 13.16 13.94 11.93

Bahrain Kuwait Insurance Co BSC 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.


Bahrain Kuwait Insurance Co BSC  (KUW:BKIKWT) 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.


Bahrain Kuwait Insurance Co BSC (KUW:BKIKWT) Business Description

Traded in Other Exchanges
Address
BKIC Tower 2775, Road 2835, PO Box 10166, Block 428, Seef District, Manama, BHR
Bahrain Kuwait Insurance Co BSC is a Bahrain- based insurance company. The operating segment of the company is Fire and general, Motor, Marine and Aviation and Family Takaful. Fire and General covers risks of fire, general accident, medical, group life and special contingency. Motor covers risks of motor third party, motor comprehensive and extended warranty. Marine and Aviation cover risks of marine cargo, marine hull, and marine aviation. Family Takaful covers risks of group life, education, protection, savings, among others. Geographically, it operates in Bahrain and some other countries.

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