Tabuk Cement Co (SAU:3090) Retained Earnings : ﷼80.9 Mil (As of Sep. 2024)

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What is Tabuk Cement Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tabuk Cement Co's retained earnings for the quarter that ended in Sep. 2024 was ﷼80.9 Mil.

Tabuk Cement Co's quarterly retained earnings increased from Mar. 2024 (﷼49.0 Mil) to Jun. 2024 (﷼57.9 Mil) and increased from Jun. 2024 (﷼57.9 Mil) to Sep. 2024 (﷼80.9 Mil).

Tabuk Cement Co's annual retained earnings declined from Dec. 2021 (﷼24.1 Mil) to Dec. 2022 (﷼20.0 Mil) but then increased from Dec. 2022 (﷼20.0 Mil) to Dec. 2023 (﷼37.6 Mil).

Tabuk Cement Co Retained Earnings Historical Data

The historical data trend for Tabuk Cement 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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Tabuk Cement Co Retained Earnings Chart

Tabuk Cement Co Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-36.70

9.34

24.13

19.99

37.64

Tabuk Cement Co Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															45.16	37.64	49.03	57.87	80.92

Tabuk Cement 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.

Tabuk Cement Co (SAU:3090) 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.

Tabuk Cement Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Tabuk Cement Co (SAU:3090) » Definitions » Retained Earnings

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Address

Tabuk Cement Building, Tabuk Area, P.O.Box 122, Duba North, Tabuk, SAU

Website

http://www.tcc-sa.com

Tabuk Cement Co engages in the production and sale of cement and related products in Saudi Arabia. It offers ordinary Portland cement, cement resistant to sulfur salts, and butlanda bozzolana cement, as well as Portland bosolani cement. The company also engages in the establishment of factories and plants for manufacturing cement related products and construction materials; and export of cement and related products. The company has one segment which is packaged and unpackaged cement.

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