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Bait Ve Gag Real Estate Development (XTAE:BVGG) Retained Earnings : ₪3.6 Mil (As of Dec. 2023)


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What is Bait Ve Gag Real Estate Development Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bait Ve Gag Real Estate Development's retained earnings for the quarter that ended in Dec. 2023 was ₪3.6 Mil.

Bait Ve Gag Real Estate Development's quarterly retained earnings increased from Dec. 2022 (₪9.9 Mil) to Jun. 2023 (₪10.4 Mil) but then declined from Jun. 2023 (₪10.4 Mil) to Dec. 2023 (₪3.6 Mil).

Bait Ve Gag Real Estate Development's annual retained earnings increased from Dec. 2021 (₪0.0 Mil) to Dec. 2022 (₪9.9 Mil) but then declined from Dec. 2022 (₪9.9 Mil) to Dec. 2023 (₪3.6 Mil).


Bait Ve Gag Real Estate Development Retained Earnings Historical Data

The historical data trend for Bait Ve Gag Real Estate Development'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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Bait Ve Gag Real Estate Development Retained Earnings Chart

Bait Ve Gag Real Estate Development Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
- - 9.93 3.58

Bait Ve Gag Real Estate Development Semi-Annual Data
Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial - -2.83 9.93 10.37 3.58

Bait Ve Gag Real Estate Development 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.


Bait Ve Gag Real Estate Development  (XTAE:BVGG) 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.


Bait Ve Gag Real Estate Development (XTAE:BVGG) Business Description

Traded in Other Exchanges
N/A
Address
17A, Abba Hillel street, Ramat Gan, ISR, 6971026
Bait Ve Gag Real Estate Development Ltd is engaged in the planning, initiation, and execution of real estate projects comprising mainly urban renewal.

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