Almunajem Foods (SAU:4162) Retained Earnings : ﷼350 Mil (As of Mar. 2024)

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What is Almunajem Foods Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Almunajem Foods's retained earnings for the quarter that ended in Mar. 2024 was ﷼350 Mil.

Almunajem Foods's quarterly retained earnings declined from Sep. 2023 (﷼302 Mil) to Dec. 2023 (﷼236 Mil) but then increased from Dec. 2023 (﷼236 Mil) to Mar. 2024 (﷼350 Mil).

Almunajem Foods's annual retained earnings increased from Dec. 2021 (﷼171 Mil) to Dec. 2022 (﷼237 Mil) but then declined from Dec. 2022 (﷼237 Mil) to Dec. 2023 (﷼236 Mil).

Almunajem Foods Retained Earnings Historical Data

The historical data trend for Almunajem Foods'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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Almunajem Foods Retained Earnings Chart

Almunajem Foods Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

21.22

170.71

236.89

235.88

Almunajem Foods Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial									318.77	316.33	302.48	235.88	349.88

Almunajem Foods 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.

Almunajem Foods (SAU:4162) 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.

Almunajem Foods (SAU:4162) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Retail - Defensive » Almunajem Foods (SAU:4162) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

7510 Takhassusi Street, P O Box 1544, North Mathar, Riyadh, SAU, 11441

Website

https://www.almunajemfoods.com

Almunajem Foods is a food company which is engaged in the importation, marketing, and distribution of frozen, chilled, and dry foodstuff. It serves over 18,000 customer outlets including retail, food services, and wholesale channels.

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