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Alam Maritim Resources Bhd (XKLS:5115) Retained Earnings : RM-468.8 Mil (As of Mar. 2024)


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What is Alam Maritim Resources Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Alam Maritim Resources Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM-468.8 Mil.

Alam Maritim Resources Bhd's quarterly retained earnings increased from Sep. 2023 (RM-490.0 Mil) to Dec. 2023 (RM-487.3 Mil) and increased from Dec. 2023 (RM-487.3 Mil) to Mar. 2024 (RM-468.8 Mil).

Alam Maritim Resources Bhd's annual retained earnings declined from Dec. 2020 (RM-191.7 Mil) to Jun. 2022 (RM-507.9 Mil) but then increased from Jun. 2022 (RM-507.9 Mil) to Jun. 2023 (RM-492.7 Mil).


Alam Maritim Resources Bhd Retained Earnings Historical Data

The historical data trend for Alam Maritim Resources Bhd'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.

* Premium members only.

Alam Maritim Resources Bhd Retained Earnings Chart

Alam Maritim Resources Bhd Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.94 -72.43 -191.72 -507.89 -492.72

Alam Maritim Resources Bhd Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Mar22 Sep22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only -512.30 -492.72 -490.02 -487.35 -468.83

Alam Maritim Resources Bhd 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.


Alam Maritim Resources Bhd  (XKLS:5115) 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.


Alam Maritim Resources Bhd Business Description

Traded in Other Exchanges
N/A
Address
No. 38F, Level 3, Jalan Radin Anum, Bandar Baru Sri Petaling, Kuala Lumpur, MYS, 57000
Alam Maritim Resources Bhd is a Malaysia-based investment holding company. It operates in two business segments: Offshore Support Vessels and Services, and Subsea Services. Its Offshore support vessels and services segment which engages in providing vessels for charter hire; assisting seismic operators in seismic survey related activities; transportation of crew and supplies; towing and mooring of rigs offshore; anchor-handling services and other support. Its Sub-sea services segment is engaged in providing offshore facilities construction and installation services, such as marine construction related services; sub-sea engineering services and offshore pipeline construction-related services, and designing, manufacturing and operating of remotely operated vehicles.

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