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Delta (XZIM:DLTA.ZW) Retained Earnings : ZWG200.1 Mil (As of Sep. 2024)


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What is Delta Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Delta's retained earnings for the quarter that ended in Sep. 2024 was ZWG200.1 Mil.

Delta's quarterly retained earnings increased from Sep. 2023 (ZWG0.0 Mil) to Mar. 2024 (ZWG182.1 Mil) and increased from Mar. 2024 (ZWG182.1 Mil) to Sep. 2024 (ZWG200.1 Mil).

Delta's annual retained earnings declined from Mar. 2019 (ZWG374.0 Mil) to Mar. 2023 (ZWG0.0 Mil) but then increased from Mar. 2023 (ZWG0.0 Mil) to Mar. 2024 (ZWG182.1 Mil).


Delta Retained Earnings Historical Data

The historical data trend for Delta'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.

Delta Retained Earnings Chart

Delta Annual Data
Trend Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 424.01 434.76 373.98 - 182.06

Delta Semi-Annual Data
Mar10 Mar11 Mar12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Mar23 Sep23 Mar24 Sep24
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 373.98 - - 182.06 200.14

Delta 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.


Delta  (XZIM:DLTA.ZW) 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.


Delta Business Description

Traded in Other Exchanges
N/A
Address
Sable House, Northridge Park, P.O. Box: BW 294, Northridge Close, Borrowdale, Harare, ZWE
Delta Corp Ltd is principally an integrated beverage company. The firm manufactures and distributes beverages in Zimbabwe. The company operates through Lager Beer, Sparkling Beverages, Wines and Spirits and Sorghum Beer segments. The lager Beer segment manufactures and distributes lager beer (malt and sorghum-based clear beers). Sparkling Beverages segment trades in carbonated soft drinks and alternative non-alcoholic beverages, Wines and Spirits manufactures and distributes wines and spirits and the Sorghum Beer segment manufactures and sells sorghum-based opaque beer.

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