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Raysut Cement CoOG (MUS:RCCI) Retained Earnings : ر.ع61.00 Mil (As of Mar. 2022)


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What is Raysut Cement CoOG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Raysut Cement CoOG's retained earnings for the quarter that ended in Mar. 2022 was ر.ع61.00 Mil.

Raysut Cement CoOG's quarterly retained earnings declined from Sep. 2021 (ر.ع79.38 Mil) to Dec. 2021 (ر.ع63.78 Mil) and declined from Dec. 2021 (ر.ع63.78 Mil) to Mar. 2022 (ر.ع61.00 Mil).

Raysut Cement CoOG's annual retained earnings declined from Dec. 2020 (ر.ع77.39 Mil) to Dec. 2021 (ر.ع63.78 Mil) and declined from Dec. 2021 (ر.ع63.78 Mil) to Dec. 2022 (ر.ع-33.86 Mil).


Raysut Cement CoOG Retained Earnings Historical Data

The historical data trend for Raysut Cement 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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Raysut Cement CoOG Retained Earnings Chart

Raysut Cement CoOG Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 95.91 95.67 77.39 63.78 -33.86

Raysut Cement CoOG Quarterly Data
Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Dec22
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 78.42 79.38 63.78 61.00 -33.86

Raysut Cement 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.


Raysut Cement CoOG  (MUS:RCCI) 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.


Raysut Cement CoOG (MUS:RCCI) Business Description

Traded in Other Exchanges
N/A
Address
Raysut Industrial Area, P.O.Box 1020, Salalah, OMN, 211
Raysut Cement Co SAOG is engaged in the production and sale of cement in Oman. Its products include portland cement, sulphur resistant cement, oil well class cement and pozzolana well cement. The company sells its products in domestic and international markets including Oman, Yemen, Somalia, Mauritius, Qatar, Iraq, Tanzania and Sudan.

Raysut Cement CoOG (MUS:RCCI) Headlines

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