GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Livestock Transport & Trading Co (KUW:CATTL) » Definitions » Retained Earnings

Livestock Transport & Trading Co (KUW:CATTL) Retained Earnings : KWD-10.46 Mil (As of Jun. 2024)


View and export this data going back to 1984. Start your Free Trial

What is Livestock Transport & Trading Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Livestock Transport & Trading Co's retained earnings for the quarter that ended in Jun. 2024 was KWD-10.46 Mil.

Livestock Transport & Trading Co's quarterly retained earnings increased from Dec. 2023 (KWD-10.87 Mil) to Mar. 2024 (KWD-10.54 Mil) and increased from Mar. 2024 (KWD-10.54 Mil) to Jun. 2024 (KWD-10.46 Mil).

Livestock Transport & Trading Co's annual retained earnings declined from Dec. 2021 (KWD-6.60 Mil) to Dec. 2022 (KWD-10.99 Mil) but then increased from Dec. 2022 (KWD-10.99 Mil) to Dec. 2023 (KWD-10.87 Mil).


Livestock Transport & Trading Co Retained Earnings Historical Data

The historical data trend for Livestock Transport & Trading Co'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.

Livestock Transport & Trading Co Retained Earnings Chart

Livestock Transport & Trading Co Annual Data
Trend Dec12 Dec13 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.10 -0.14 -6.60 -10.99 -10.87

Livestock Transport & Trading Co Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -11.13 -12.21 -10.87 -10.54 -10.46

Livestock Transport & Trading Co 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.


Livestock Transport & Trading Co  (KUW:CATTL) 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.


Livestock Transport & Trading Co Business Description

Traded in Other Exchanges
N/A
Address
Sulaibiya Agricultural Area, Block 12, P.O. Box 23727, Kuwait, KWT, 13098
Livestock Transport & Trading Co is engaged in livestock import & export business. It operates in three segments: Commercial, which includes purchasing, transporting, ranching, and selling the live and slaughtered sheep and all skins, intestines, and fertilizers, and also purchasing and selling fodder and chilled & frozen meat in wholesale and retail; Food processing segment includes meat processing and its classification in all products and selling it in wholesale; and Investments segment include investment portfolios managed by specialized companies and deposits. It generates the majority of its revenue from the Commercial segment. Its geographical segments are Kuwait, UAE, Australia, and South Africa, of which Kuwait accounts for most of its revenue.

Livestock Transport & Trading Co Headlines

No Headlines