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Abu Dhabi National Takaful Co PSC (ADX:TKFL) Retained Earnings : د.إ295.4 Mil (As of Dec. 2023)


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What is Abu Dhabi National Takaful Co PSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Abu Dhabi National Takaful Co PSC's retained earnings for the quarter that ended in Dec. 2023 was د.إ295.4 Mil.

Abu Dhabi National Takaful Co PSC's quarterly retained earnings increased from Jun. 2023 (د.إ237.6 Mil) to Sep. 2023 (د.إ265.1 Mil) and increased from Sep. 2023 (د.إ265.1 Mil) to Dec. 2023 (د.إ295.4 Mil).

Abu Dhabi National Takaful Co PSC's annual retained earnings increased from Dec. 2021 (د.إ186.5 Mil) to Dec. 2022 (د.إ229.6 Mil) and increased from Dec. 2022 (د.إ229.6 Mil) to Dec. 2023 (د.إ295.4 Mil).


Abu Dhabi National Takaful Co PSC Retained Earnings Historical Data

The historical data trend for Abu Dhabi National Takaful Co PSC'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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Abu Dhabi National Takaful Co PSC Retained Earnings Chart

Abu Dhabi National Takaful Co PSC 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 193.68 229.29 186.52 229.59 295.40

Abu Dhabi National Takaful Co PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 229.59 247.75 237.62 265.09 295.40

Abu Dhabi National Takaful Co PSC 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.


Abu Dhabi National Takaful Co PSC  (ADX:TKFL) 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.


Abu Dhabi National Takaful Co PSC (ADX:TKFL) Business Description

Traded in Other Exchanges
N/A
Address
Tamouh Tower, 25th Floor, P.O. Box 35335, Marina Square, Al Reem Island, Abu Dhabi, ARE
Abu Dhabi National Takaful Co PSC is engaged in providing Takaful insurance solutions for the regional market. The company is licensed by the Ministry of Economy & Commerce as the first Takaful operator in the emirates of Abu Dhabi and is among the Islamic insurance companies operating in the United Arab Emirates. The company's core business activities and investments are conducted in accordance with the Islamic Shari'a. The company has a comprehensive range of products and services, which have been developed under the guidance of the Fatwa & Shari'a Supervisory Board to meet the varying needs of clients in the field of Islamic finance.

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