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Bin Dawood Holding (SAU:4161) Retained Earnings : ﷼284 Mil (As of Jun. 2024)


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What is Bin Dawood Holding Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bin Dawood Holding's retained earnings for the quarter that ended in Jun. 2024 was ﷼284 Mil.

Bin Dawood Holding's quarterly retained earnings increased from Dec. 2023 (﷼266 Mil) to Mar. 2024 (﷼325 Mil) but then declined from Mar. 2024 (﷼325 Mil) to Jun. 2024 (﷼284 Mil).

Bin Dawood Holding's annual retained earnings declined from Dec. 2021 (﷼157 Mil) to Dec. 2022 (﷼101 Mil) but then increased from Dec. 2022 (﷼101 Mil) to Dec. 2023 (﷼266 Mil).


Bin Dawood Holding Retained Earnings Historical Data

The historical data trend for Bin Dawood Holding'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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Bin Dawood Holding Retained Earnings Chart

Bin Dawood Holding Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
0.87 82.68 156.83 101.20 265.76

Bin Dawood Holding Quarterly Data
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 230.87 265.78 265.76 325.43 283.77

Bin Dawood Holding 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.


Bin Dawood Holding  (SAU:4161) 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.


Bin Dawood Holding Business Description

Traded in Other Exchanges
N/A
Address
Al-Madinah Al-Munawarah Road, Al Naeem, Jeddah, SAU, 21530
Bin Dawood Holding is the grocery retail operator of hypermarkets and supermarkets in Saudi Arabia. The company's Stores comprise trading of FMCG, fresh Food Products, and Non-Food Products, including household consumable items, as well as the ownership and management of in-store bakeries.

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