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Majan College (University College)OG (MUS:BACS) Retained Earnings : ر.ع1.79 Mil (As of Aug. 2023)


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What is Majan College (University College)OG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Majan College (University College)OG's retained earnings for the quarter that ended in Aug. 2023 was ر.ع1.79 Mil.

Majan College (University College)OG's quarterly retained earnings increased from Aug. 2021 (ر.ع0.44 Mil) to Aug. 2022 (ر.ع1.34 Mil) and increased from Aug. 2022 (ر.ع1.34 Mil) to Aug. 2023 (ر.ع1.79 Mil).

Majan College (University College)OG's annual retained earnings increased from Aug. 2021 (ر.ع0.44 Mil) to Aug. 2022 (ر.ع1.34 Mil) and increased from Aug. 2022 (ر.ع1.34 Mil) to Aug. 2023 (ر.ع1.79 Mil).


Majan College (University College)OG Retained Earnings Historical Data

The historical data trend for Majan College (University College)OG'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.

Majan College (University College)OG Retained Earnings Chart

Majan College (University College)OG Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.38 0.53 0.44 1.34 1.79

Majan College (University College)OG Semi-Annual Data
Aug06 Aug07 Aug08 Aug09 Aug10 Aug11 Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
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 0.38 0.53 0.44 1.34 1.79

Majan College (University College)OG 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.


Majan College (University College)OG  (MUS:BACS) 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.


Majan College (University College)OG (MUS:BACS) Business Description

Traded in Other Exchanges
N/A
Address
Building No 1986, Way No. 2621, P.O Box: 710, Ruwi, Mutrah, Muscat, OMN, 112
Majan College (University College) SAOG engages in the fields of management sciences, and scientific research, and provides education to students in the Sultanate of Oman. The company offers programs at both undergraduate and postgraduate levels. Majan College (University College) SAOG provides its undergraduate programs in Business Administration with several pathways like Finance, Accounting, Banking and Finance, Computer and Internet Applications, Networking, Computing with 3 pathways, and English Language. The Master's programs offered include Business Administration, Computer Sciences, and International Human Resources Management.

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