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The Okinawa Electric Power Co (The Okinawa Electric Power Co) Retained Earnings : $727 Mil (As of Dec. 2023)


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What is The Okinawa Electric Power Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Okinawa Electric Power Co's retained earnings for the quarter that ended in Dec. 2023 was $727 Mil.

The Okinawa Electric Power Co's quarterly retained earnings increased from Jun. 2023 ($670 Mil) to Sep. 2023 ($701 Mil) and increased from Sep. 2023 ($701 Mil) to Dec. 2023 ($727 Mil).

The Okinawa Electric Power Co's annual retained earnings declined from Mar. 2022 ($1,244 Mil) to Mar. 2023 ($751 Mil) and declined from Mar. 2023 ($751 Mil) to Mar. 2024 ($684 Mil).


The Okinawa Electric Power Co Retained Earnings Historical Data

The historical data trend for The Okinawa Electric Power Co'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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The Okinawa Electric Power Co Retained Earnings Chart

The Okinawa Electric Power Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,334.57 1,369.32 1,243.85 751.16 684.31

The Okinawa Electric Power Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 751.16 669.94 701.01 727.15 684.31

The Okinawa Electric Power Co 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.


The Okinawa Electric Power Co  (OTCPK:OKEPF) 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.


The Okinawa Electric Power Co (The Okinawa Electric Power Co) Business Description

Traded in Other Exchanges
Address
5-2-1 Makiminato, Urasoe, JPN, 901-2602
The Okinawa Electric Power Co Inc, or OEPC, is the exclusive supplier of electric power throughout the Okinawa Prefecture at the southwestern tip of Japan. OEPC is involved in the generation, transmission, and distribution of electricity in the region. The company operates a portfolio of coal, natural gas, oil, solar, and wind power plants. OEPC's power-generating facilities that utilize fossil fuel inputs are responsible for almost all of the company's power production. Nearly all of OEPC's revenue is derived from the sale of electric energy in Okinawa. While the company's customers are mainly residential consumers, industrial users account for most of OEPC's electric energy sales in terms of volume and revenue.

The Okinawa Electric Power Co (The Okinawa Electric Power Co) Headlines

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