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Bumi Armada Bhd (XKLS:5210) Retained Earnings : RM-194 Mil (As of Mar. 2024)


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What is Bumi Armada Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bumi Armada Bhd's retained earnings for the quarter that ended in Mar. 2024 was RM-194 Mil.

Bumi Armada Bhd's quarterly retained earnings declined from Sep. 2023 (RM-269 Mil) to Dec. 2023 (RM-434 Mil) but then increased from Dec. 2023 (RM-434 Mil) to Mar. 2024 (RM-194 Mil).

Bumi Armada Bhd's annual retained earnings declined from Dec. 2021 (RM0 Mil) to Dec. 2022 (RM-766 Mil) but then increased from Dec. 2022 (RM-766 Mil) to Dec. 2023 (RM-434 Mil).


Bumi Armada Bhd Retained Earnings Historical Data

The historical data trend for Bumi Armada 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.

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Bumi Armada Bhd Retained Earnings Chart

Bumi Armada Bhd Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,196.47 -2,072.77 - -766.29 -434.24

Bumi Armada Bhd Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 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 -565.28 -446.51 -268.75 -434.24 -193.69

Bumi Armada 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.


Bumi Armada Bhd  (XKLS:5210) 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.


Bumi Armada Bhd (XKLS:5210) Business Description

Traded in Other Exchanges
N/A
Address
24, Jalan Perak, Level 21, Menara Perak, Kuala Lumpur, MYS, 50450
Bumi Armada Bhd is an international provider of offshore energy facilities and services. The company operates in two business segments. The Floating Production segment consists of Floating Production Storage Offloading and Floating Gas Solutions & Operations. The Offshore Marine Services segment consists of Offshore Support Vessel and Subsea Construction. The firm own, operate and provide FPSO vessels that are used for receiving hydrocarbons sourced from oilfields, focus on innovative solutions for the offshore liquefied natural gas industry; own, operate and charter vessels to provide support for exploration, development and production activities in the offshore oil and gas industry. Its geographical segments include Malaysia, Asia (excluding Malaysia), Africa, Europe, and Latin America.

Bumi Armada Bhd (XKLS:5210) Headlines

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