MNGA (MNG Havayollari ve Tasimacilik AS) Retained Earnings: $169.07 Mil (As of Dec. 2022)

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What is MNG Havayollari ve Tasimacilik AS Retained Earnings?

MNG Havayollari ve Tasimacilik AS MNGA Retained Earnings is $169.07 Mil as of Dec. 2022.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. MNG Havayollari ve Tasimacilik AS's retained earnings for the quarter that ended in Dec. 2022 was $169.07 Mil.

MNG Havayollari ve Tasimacilik AS's quarterly retained earnings increased from Dec. 2021 ($128.52 Mil) to Sep. 2022 ($149.16 Mil) and increased from Sep. 2022 ($149.16 Mil) to Dec. 2022 ($169.07 Mil).

MNG Havayollari ve Tasimacilik AS's annual retained earnings increased from Dec. 2020 ($105.83 Mil) to Dec. 2021 ($128.52 Mil) and increased from Dec. 2021 ($128.52 Mil) to Dec. 2022 ($169.07 Mil).

MNG Havayollari ve Tasimacilik AS  (NYSE:MNGA) 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.

MNG Havayollari ve Tasimacilik AS Retained Earnings Historical Data

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The historical data trend for MNG Havayollari ve Tasimacilik 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.

MNG Havayollari ve Tasimacilik AS Retained Earnings Chart

MNG Havayollari ve Tasimacilik AS Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
105.83 128.52 169.07

MNG Havayollari ve Tasimacilik AS Quarterly Data
Dec20 Dec21 Sep22 Dec22
Retained Earnings 105.83 128.52 149.16 169.07

MNG Havayollari ve Tasimacilik 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $169.07 Mil mean?
MNG Havayollari ve Tasimacilik AS (MNGA) has a Retained Earnings of $169.07 Mil as of Dec. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors.
Is MNG Havayollari ve Tasimacilik AS's Retained Earnings too high?
MNG Havayollari ve Tasimacilik AS's current Retained Earnings is $169.07 Mil.
How does MNG Havayollari ve Tasimacilik AS's Retained Earnings compare to ?
MNG Havayollari ve Tasimacilik AS's Retained Earnings of $169.07 Mil can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Transportation company?
A good Retained Earnings depends on the Transportation industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on MNG Havayollari ve Tasimacilik AS and its competitors. MNG Havayollari ve Tasimacilik AS's current Retained Earnings is $169.07 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MNG Havayollari ve Tasimacilik AS stock overvalued right now?
MNG Havayollari ve Tasimacilik AS (MNGA) has a current Retained Earnings of $169.07 Mil. The current Retained Earnings is $169.07 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For MNG Havayollari ve Tasimacilik AS (MNGA), the current Retained Earnings is $169.07 Mil as of Dec. 2022. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

MNG Havayollari ve Tasimacilik AS Business Description

Comparable Companies
Address WOW Convention Center ?DTM, Yesilkoy/Bakirkoy, Istanbul, TUR, 34149
MNG Havayollari ve Tasimacilik AS is an independent logistics provider mainly in the EMEA region and a global e-commerce enabler. Its service offerings include scheduled and block space, charter, ACMI, special cargo, warehouse, handling and technical services. MNG's diversified business model provides MNG with a competitive advantage in the air cargo market, as it gives MNG the opportunity to provide customized services to its customers in accordance with needs and expectations. The company recognizes revenue for its global multimodal operations based on the origin of transported cargo carried on each flight.