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Oman Refreshment CoOG (MUS:ORCI) Retained Earnings : ر.ع64.53 Mil (As of Dec. 2021)


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What is Oman Refreshment CoOG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Oman Refreshment CoOG's retained earnings for the quarter that ended in Dec. 2021 was ر.ع64.53 Mil.

Oman Refreshment CoOG's quarterly retained earnings increased from Dec. 2019 (ر.ع53.89 Mil) to Dec. 2020 (ر.ع59.97 Mil) and increased from Dec. 2020 (ر.ع59.97 Mil) to Dec. 2021 (ر.ع64.53 Mil).

Oman Refreshment CoOG's annual retained earnings increased from Dec. 2019 (ر.ع53.89 Mil) to Dec. 2020 (ر.ع59.97 Mil) and increased from Dec. 2020 (ر.ع59.97 Mil) to Dec. 2021 (ر.ع64.53 Mil).


Oman Refreshment CoOG Retained Earnings Historical Data

The historical data trend for Oman Refreshment 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.

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Oman Refreshment CoOG Retained Earnings Chart

Oman Refreshment CoOG Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 41.12 49.18 53.89 59.97 64.53

Oman Refreshment CoOG Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
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 41.12 49.18 53.89 59.97 64.53

Oman Refreshment 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.


Oman Refreshment CoOG  (MUS:ORCI) 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.


Oman Refreshment CoOG (MUS:ORCI) Business Description

Traded in Other Exchanges
N/A
Address
Al Ghubra, C.P.O. Airport, P.O. Box 30, Muscat, OMN, 111
Oman Refreshment Co SAOG is engaged in the business of filling and distribution of soft drinks, water, juices, and trading in consumer-packaged goods. The company holds franchise rights to produce, fill and distribute PepsiCo range of soft drinks and Aquafina water. It also trades in new edge beverages, and Frito Lays range of snacks and Quaker range of Oat products throughout the Sultanate of Oman. In addition, the group also produces and distributes juices under its own brand name Top Fruit. It generates most of the revenue from the sales of carbonated soft drinks products.

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