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Equity Group Holdings (NAI:EQTY) Retained Earnings : KES231,271 Mil (As of Jun. 2024)


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What is Equity Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Equity Group Holdings's retained earnings for the quarter that ended in Jun. 2024 was KES231,271 Mil.

Equity Group Holdings's quarterly retained earnings increased from Dec. 2023 (KES216,393 Mil) to Mar. 2024 (KES219,885 Mil) and increased from Mar. 2024 (KES219,885 Mil) to Jun. 2024 (KES231,271 Mil).

Equity Group Holdings's annual retained earnings increased from Dec. 2021 (KES158,103 Mil) to Dec. 2022 (KES189,573 Mil) and increased from Dec. 2022 (KES189,573 Mil) to Dec. 2023 (KES216,393 Mil).


Equity Group Holdings Retained Earnings Historical Data

The historical data trend for Equity Group Holdings'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.

Equity Group Holdings Retained Earnings Chart

Equity Group Holdings 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 99,150.00 118,767.00 158,103.00 189,573.00 216,393.00

Equity Group Holdings 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 199,938.82 209,067.56 216,393.00 219,885.13 231,271.27

Equity Group Holdings 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.


Equity Group Holdings  (NAI:EQTY) 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.


Equity Group Holdings Business Description

Traded in Other Exchanges
N/A
Address
Hospital Road, Upper Hill, 9th Floor, P.O.Box 75104, Equity Centre, Nairobi, KEN, 00200
Equity Group Holdings Ltd offers banking and financial services in Kenya. The company offers retail banking, microfinance, and related services. It operates in six geographical markets, Kenya, Uganda, South Sudan, Rwanda, Tanzania, and the Democratic Republic of Congo. The consumer business line focuses on salaried customers or customers receiving other regular remittances, such as the pension. The revenue is derived from Kenya. The firm offers Equity loans, Farm inputs, Mortgage loans, Asset finance loans, Trade finance, Development loan, and Business Loan.

Equity Group Holdings Headlines

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