Marble Design Co (SAU:9575) Retained Earnings : ﷼30.14 Mil (As of Jun. 2024)

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What is Marble Design Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Marble Design Co's retained earnings for the quarter that ended in Jun. 2024 was ﷼30.14 Mil.

Marble Design Co's quarterly retained earnings increased from Jun. 2023 (﷼0.00 Mil) to Dec. 2023 (﷼28.05 Mil) and increased from Dec. 2023 (﷼28.05 Mil) to Jun. 2024 (﷼30.14 Mil).

Marble Design Co's annual retained earnings increased from . 20 (﷼0.00 Mil) to Dec. 2022 (﷼18.53 Mil) and increased from Dec. 2022 (﷼18.53 Mil) to Dec. 2023 (﷼28.05 Mil).

Marble Design Co Retained Earnings Historical Data

The historical data trend for Marble Design 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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Marble Design Co Retained Earnings Chart

Marble Design Co Annual Data

Trend

Dec22

Dec23

Retained Earnings

18.53

28.05

Marble Design Co Semi-Annual Data
	Dec22	Jun23	Dec23	Jun24
Retained Earnings	18.53	-	28.05	30.14

Marble Design 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.

Marble Design Co (SAU:9575) 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.

Marble Design Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Marble Design Co (SAU:9575) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

8416 Sadus Industrial Area, Riyadh, SAU, 13968

Website

https://www.marbledesign.sa.com

Marble Design Co is a Saudi based company engaged in executing natural marble projects. The company's principal activities are cutting and sawing marble and installing marble. It owns one of the factories in the region in terms of production capacity and modern technologies.

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