GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Al Maha Petroleum Products Marketing Co SAOG (MUS:MHAS) » Definitions » Retained Earnings

Al Maha Petroleum Products Marketing CoOG (MUS:MHAS) Retained Earnings : ر.ع33.6 Mil (As of Jun. 2024)


View and export this data going back to 2004. Start your Free Trial

What is Al Maha Petroleum Products Marketing CoOG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Al Maha Petroleum Products Marketing CoOG's retained earnings for the quarter that ended in Jun. 2024 was ر.ع33.6 Mil.

Al Maha Petroleum Products Marketing CoOG's quarterly retained earnings declined from Dec. 2023 (ر.ع36.7 Mil) to Mar. 2024 (ر.ع31.8 Mil) but then increased from Mar. 2024 (ر.ع31.8 Mil) to Jun. 2024 (ر.ع33.6 Mil).

Al Maha Petroleum Products Marketing CoOG's annual retained earnings increased from Dec. 2021 (ر.ع32.8 Mil) to Dec. 2022 (ر.ع36.2 Mil) and increased from Dec. 2022 (ر.ع36.2 Mil) to Dec. 2023 (ر.ع36.7 Mil).


Al Maha Petroleum Products Marketing CoOG Retained Earnings Historical Data

The historical data trend for Al Maha Petroleum Products Marketing CoOG'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.

Al Maha Petroleum Products Marketing CoOG Retained Earnings Chart

Al Maha Petroleum Products Marketing CoOG 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 34.00 30.03 32.79 36.22 36.67

Al Maha Petroleum Products Marketing CoOG 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 33.43 35.88 36.67 31.77 33.55

Al Maha Petroleum Products Marketing CoOG 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.


Al Maha Petroleum Products Marketing CoOG  (MUS:MHAS) 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.


Al Maha Petroleum Products Marketing CoOG Business Description

Traded in Other Exchanges
N/A
Address
Mina Al Fahal, P.O. Box 57, Mina Al Fahal, OMN, 116
Al Maha Petroleum Products Marketing Co SAOG markets and distributes petroleum products. It supplies fuel and petroleum-based products to retail, industrial, and aviation markets and offers environment-friendly oil and lubricants through its service stations. The company maintains a network of service stations throughout Oman. Its product portfolio covers Gasoline, Diesel, Aviation fuel, Kerosene, and Lubricants. The company operates its business through the segments of Retail sales, Commercial sales, and Other sales. The retail sales segment derives key revenue for the company which includes sales made through company-operated stations, dealer-operated stations, and third-party-operated stations.

Al Maha Petroleum Products Marketing CoOG Headlines

No Headlines