ABC Banking (XMAU:ABCB.I0000) Retained Earnings : MUR0.00 Mil (As of . 20)

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What is ABC Banking Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ABC Banking's retained earnings for the quarter that ended in . 20 was MUR0.00 Mil.

ABC Banking Retained Earnings Historical Data

The historical data trend for ABC Banking'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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ABC Banking Retained Earnings Chart

ABC Banking Annual Data

Trend

Retained Earnings

ABC Banking Semi-Annual Data

Retained Earnings

ABC Banking 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.

ABC Banking (XMAU:ABCB.I0000) 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.

ABC Banking Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Banks » ABC Banking Corp Ltd (XMAU:ABCB.I0000) » Definitions » Retained Earnings

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Address

Duke of Edinburgh Avenue, Weal House, Place d’Armes, Port Louis, MUS, 11328

Website

https://www.abcbanking.mu

ABC Banking Corp Ltd is a Mauritius-based company. The firm's main business line includes domestic banking, international banking, treasury and private banking. The Company offers deposits, loans and advances, card, overdrafts, Internet banking, transfers, finance lease, forex transaction, and trade finance. The firm's Treasury business offers multicurrency account, FX conversions, investment and cash management, money market transaction, internal fund transfer, forex transactions, international remittances, and risk management.

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