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Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Retained Earnings : د.إ5,551 Mil (As of Mar. 2024)


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What is Abu Dhabi Ports Co PJSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Abu Dhabi Ports Co PJSC's retained earnings for the quarter that ended in Mar. 2024 was د.إ5,551 Mil.

Abu Dhabi Ports Co PJSC's quarterly retained earnings increased from Sep. 2023 (د.إ5,270 Mil) to Dec. 2023 (د.إ5,344 Mil) and increased from Dec. 2023 (د.إ5,344 Mil) to Mar. 2024 (د.إ5,551 Mil).

Abu Dhabi Ports Co PJSC's annual retained earnings increased from Dec. 2021 (د.إ3,149 Mil) to Dec. 2022 (د.إ4,272 Mil) and increased from Dec. 2022 (د.إ4,272 Mil) to Dec. 2023 (د.إ5,344 Mil).


Abu Dhabi Ports Co PJSC Retained Earnings Historical Data

The historical data trend for Abu Dhabi Ports Co PJSC'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.

Abu Dhabi Ports Co PJSC Retained Earnings Chart

Abu Dhabi Ports Co PJSC Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 2,032.53 2,387.52 3,148.65 4,272.15 5,344.12

Abu Dhabi Ports Co PJSC Quarterly Data
Dec18 Dec19 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 4,603.09 4,888.92 5,269.87 5,344.12 5,550.76

Abu Dhabi Ports Co PJSC 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 Ports Co PJSC  (ADX:ADPORTS) 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 Ports Co PJSC (ADX:ADPORTS) Business Description

Traded in Other Exchanges
N/A
Address
Al Mina Street. Nearest Landmark: Zayed Port, Gate 1, Next to Zayed Port, P.O. Box 54477, Abu Dhabi, ARE, 54477
Abu Dhabi Ports Co PJSC owns, operates, maintains, manages, and develops all ports, docks, harbors, quays, waterways, bridges, breakwaters, infrastructure, and related installations in the Emirate of Abu Dhabi. It also constructs, manages, and develops the industrial, commercial, and non-financial service-free zones on plots of land granted or allocated by the Government of Abu Dhabi. The company's segments include Ports; Economic Cities and Free Zones (EC&FZ); Logistics; Maritime; Digital and Corporate.

Abu Dhabi Ports Co PJSC (ADX:ADPORTS) Headlines

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