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Globaltruck Management PJSC (MIC:GTRK) Retained Earnings : ₽2,537 Mil (As of Jun. 2023)


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What is Globaltruck Management PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Globaltruck Management PJSC's retained earnings for the quarter that ended in Jun. 2023 was ₽2,537 Mil.

Globaltruck Management PJSC's quarterly retained earnings increased from Jun. 2022 (₽2,218 Mil) to Dec. 2022 (₽2,300 Mil) and increased from Dec. 2022 (₽2,300 Mil) to Jun. 2023 (₽2,537 Mil).

Globaltruck Management PJSC's annual retained earnings increased from Dec. 2020 (₽2,009 Mil) to Dec. 2021 (₽2,200 Mil) and increased from Dec. 2021 (₽2,200 Mil) to Dec. 2022 (₽2,300 Mil).


Globaltruck Management PJSC Retained Earnings Historical Data

The historical data trend for Globaltruck Management PJSC'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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Globaltruck Management PJSC Retained Earnings Chart

Globaltruck Management PJSC Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial 1,782.13 1,942.01 2,008.62 2,199.75 2,300.50

Globaltruck Management PJSC Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 2,032.32 2,199.75 2,217.66 2,300.50 2,536.52

Globaltruck Management PJSC 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.


Globaltruck Management PJSC  (MIC:GTRK) 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.


Globaltruck Management PJSC (MIC:GTRK) Business Description

Traded in Other Exchanges
N/A
Address
House 39, Gilyarovskogo Street, Building 1, Moscow, RUS, 105082
Globaltruck Management PJSC operates as a truck load trucking operator. The company offers services such as long-haul transportation of cargoes, trucking, temperature controller, and supply chain management services in Russia. Its services include standard cargo delivery and refrigerated transportations.

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