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Advanced Technology Co KSCC (KUW:ATC) Retained Earnings : KWD35.9 Mil (As of Mar. 2024)


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What is Advanced Technology Co KSCC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Advanced Technology Co KSCC's retained earnings for the quarter that ended in Mar. 2024 was KWD35.9 Mil.

Advanced Technology Co KSCC's quarterly retained earnings increased from Sep. 2023 (KWD35.2 Mil) to Dec. 2023 (KWD35.9 Mil) and increased from Dec. 2023 (KWD35.9 Mil) to Mar. 2024 (KWD35.9 Mil).

Advanced Technology Co KSCC's annual retained earnings increased from Dec. 2021 (KWD30.4 Mil) to Dec. 2022 (KWD34.4 Mil) and increased from Dec. 2022 (KWD34.4 Mil) to Dec. 2023 (KWD35.9 Mil).


Advanced Technology Co KSCC Retained Earnings Historical Data

The historical data trend for Advanced Technology Co KSCC'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.

Advanced Technology Co KSCC Retained Earnings Chart

Advanced Technology Co KSCC Annual Data
Trend Dec11 Dec12 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 25.94 27.95 30.38 34.36 35.85

Advanced Technology Co KSCC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only 40.23 36.49 35.24 35.85 35.91

Advanced Technology Co KSCC 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.


Advanced Technology Co KSCC  (KUW:ATC) 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.


Advanced Technology Co KSCC (KUW:ATC) Business Description

Traded in Other Exchanges
N/A
Address
Salem Al Mubarak Street, ATC Tower, P.O.Box: 44558, Street 1 Opposite Layla Tower, Block 4, Salmiya, Hawali, Kuwait, KWT, 32060
Advanced Technology Co KSCC is a medical equipment supplier to the Kuwait healthcare sector. Some of the services provided by the company are - Diagnostic imaging, Laboratory environmental management and Automation, Medical & surgical O.R solutions, Healthcare manpower services, and more. The firm operates in one business segment namely trading, installation, and maintenance of medical and healthcare-related products. It also engages in constructing, managing, and possessing hospitals, medical centers, clinics, and specialized labs. In addition, the firm offers a pharmacy license, and home care services.