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Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Retained Earnings : ﷼1,935 Mil (As of Dec. 2023)


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What is Dr Sulaiman Al Habib Medical Services Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Dr Sulaiman Al Habib Medical Services Group's retained earnings for the quarter that ended in Dec. 2023 was ﷼1,935 Mil.

Dr Sulaiman Al Habib Medical Services Group's quarterly retained earnings increased from Jun. 2023 (﷼1,821 Mil) to Sep. 2023 (﷼2,017 Mil) but then declined from Sep. 2023 (﷼2,017 Mil) to Dec. 2023 (﷼1,935 Mil).

Dr Sulaiman Al Habib Medical Services Group's annual retained earnings increased from Dec. 2021 (﷼1,128 Mil) to Dec. 2022 (﷼1,503 Mil) and increased from Dec. 2022 (﷼1,503 Mil) to Dec. 2023 (﷼1,935 Mil).


Dr Sulaiman Al Habib Medical Services Group Retained Earnings Historical Data

The historical data trend for Dr Sulaiman Al Habib Medical Services Group'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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Dr Sulaiman Al Habib Medical Services Group Retained Earnings Chart

Dr Sulaiman Al Habib Medical Services Group Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
426.00 838.32 1,128.09 1,502.54 1,935.49

Dr Sulaiman Al Habib Medical Services Group Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1,502.54 1,682.69 1,820.92 2,016.67 1,935.49

Dr Sulaiman Al Habib Medical Services Group 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.


Dr Sulaiman Al Habib Medical Services Group  (SAU:4013) 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.


Dr Sulaiman Al Habib Medical Services Group (SAU:4013) Business Description

Traded in Other Exchanges
N/A
Address
King Fahad Road, P.O. Box 301578, Al Olaya District, Riyadh, SAU, 11372
Dr Sulaiman Al Habib Medical Services Group is a healthcare operator. The company is engaged in establishing, operating, and managing hospitals, general and specialized medical complexes, dispensaries, health care centers, diagnostics centers as well as radiology centers. It is also involved in import, wholesale and retail sales of medicines, medical products, cosmetics, and medical supplies and equipment. The company reports in three segments are Hospitals/ Healthcare Facilities, Pharmacies, and HMG Solutions / Others. The majority of the revenue is earned from the Hospitals/ Healthcare Facilities segment.

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