GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » PT Amman Mineral Internasional Tbk (ISX:AMMN) » Definitions » Retained Earnings

PT Amman Mineral Internasional Tbk (ISX:AMMN) Retained Earnings : Rp37,663,629 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is PT Amman Mineral Internasional Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT Amman Mineral Internasional Tbk's retained earnings for the quarter that ended in Dec. 2023 was Rp37,663,629 Mil.

PT Amman Mineral Internasional Tbk's quarterly retained earnings increased from Dec. 2021 (Rp15,661,097 Mil) to Dec. 2022 (Rp34,466,947 Mil) and increased from Dec. 2022 (Rp34,466,947 Mil) to Dec. 2023 (Rp37,663,629 Mil).

PT Amman Mineral Internasional Tbk's annual retained earnings increased from Dec. 2021 (Rp15,661,097 Mil) to Dec. 2022 (Rp34,466,947 Mil) and increased from Dec. 2022 (Rp34,466,947 Mil) to Dec. 2023 (Rp37,663,629 Mil).


PT Amman Mineral Internasional Tbk Retained Earnings Historical Data

The historical data trend for PT Amman Mineral Internasional Tbk'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.

PT Amman Mineral Internasional Tbk Retained Earnings Chart

PT Amman Mineral Internasional Tbk Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
11,009,199.29 15,661,097.00 34,466,946.78 37,663,629.20

PT Amman Mineral Internasional Tbk Semi-Annual Data
Dec20 Dec21 Dec22 Dec23
Retained Earnings 11,009,199.29 15,661,097.00 34,466,946.78 37,663,629.20

PT Amman Mineral Internasional Tbk 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.


PT Amman Mineral Internasional Tbk  (ISX:AMMN) 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.


PT Amman Mineral Internasional Tbk (ISX:AMMN) Business Description

Traded in Other Exchanges
Address
Jalan H.R. Rasuna Said Blok X-5 Kav. 1-2, Menara Karya 6th Floor Unit A, B, C dan H, Jakarta Selatan, Jakarta, IDN, 12950
PT Amman Mineral Internasional Tbk is a copper-and-gold mining company in Indonesia, operating the Batu Hijau mine on the island of Sumbawa.

PT Amman Mineral Internasional Tbk (ISX:AMMN) Headlines

No Headlines