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Om Holdings International (Om Holdings International) Retained Earnings : $12.12 Mil (As of May. 2023)


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What is Om Holdings International Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Om Holdings International's retained earnings for the quarter that ended in May. 2023 was $12.12 Mil.

Om Holdings International's quarterly retained earnings increased from Nov. 2022 ($11.37 Mil) to Feb. 2023 ($11.76 Mil) and increased from Feb. 2023 ($11.76 Mil) to May. 2023 ($12.12 Mil).

Om Holdings International's annual retained earnings increased from May. 2015 ($-5.36 Mil) to Aug. 2021 ($8.66 Mil) and increased from Aug. 2021 ($8.66 Mil) to Aug. 2022 ($11.14 Mil).


Om Holdings International Retained Earnings Historical Data

The historical data trend for Om Holdings International'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.

Om Holdings International Retained Earnings Chart

Om Holdings International Annual Data
Trend May08 May09 May10 May11 May12 May13 May14 May15 Aug21 Aug22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.29 -5.29 -5.36 8.66 11.14

Om Holdings International Quarterly Data
Nov10 Feb11 May11 Aug11 Nov11 Feb12 May12 Aug12 May13 May14 May15 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23
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 10.41 11.14 11.37 11.76 12.12

Om Holdings International 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.


Om Holdings International  (OTCPK:OMHI) 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.


Om Holdings International (Om Holdings International) Business Description

Traded in Other Exchanges
N/A
Address
1221 Brickell Ave, Suite 900, Miami, FL, USA, 33131
Om Holdings International Inc is involved in wholesaling and retailing foods and household merchandise. The company also provides Information technology Services and also is in the business of building material supply.
Executives
Paul Luna Belfiore director, 10 percent owner, officer: President,Secretary,Treasurer CALLE VUEN RETIRO 155, DPTO 404, CHACARILLA DEL ESTANQUE, SAN BORJA, LIMA R5 41

Om Holdings International (Om Holdings International) Headlines

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