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Akfen Yenilenebilir Enerji (IST:AKFYE) Retained Earnings : ₺16,362 Mil (As of Dec. 2023)


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What is Akfen Yenilenebilir Enerji Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Akfen Yenilenebilir Enerji's retained earnings for the quarter that ended in Dec. 2023 was ₺16,362 Mil.

Akfen Yenilenebilir Enerji's quarterly retained earnings increased from Jun. 2023 (₺551 Mil) to Sep. 2023 (₺1,375 Mil) and increased from Sep. 2023 (₺1,375 Mil) to Dec. 2023 (₺16,362 Mil).

Akfen Yenilenebilir Enerji's annual retained earnings increased from Dec. 2021 (₺-955 Mil) to Dec. 2022 (₺11,808 Mil) and increased from Dec. 2022 (₺11,808 Mil) to Dec. 2023 (₺16,362 Mil).


Akfen Yenilenebilir Enerji Retained Earnings Historical Data

The historical data trend for Akfen Yenilenebilir Enerji'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.

Akfen Yenilenebilir Enerji Retained Earnings Chart

Akfen Yenilenebilir Enerji Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-1,137.36 -1,438.97 -955.30 11,808.49 16,362.33

Akfen Yenilenebilir Enerji Quarterly Data
Dec19 Dec20 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 11,808.49 228.69 550.78 1,374.94 16,362.33

Akfen Yenilenebilir Enerji 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.


Akfen Yenilenebilir Enerji  (IST:AKFYE) 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.


Akfen Yenilenebilir Enerji (IST:AKFYE) Business Description

Traded in Other Exchanges
N/A
Address
Turan Gunes Bulvar? Galip Erdem Caddesi, No:3, Ilkbahar Mahallesi, Cankaya, Ankara, TUR
Akfen Yenilenebilir Enerji operates as a renewable energy company. The company generates and trades electricity through renewable energy power plants such as hydroelectric power plant facilities, Solar Power Plants, and Wind Power Plants.

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