GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Al-Rajhi Co For Cooperative Insurance (SAU:8230) » Definitions » Retained Earnings

Al-Rajhi Co For Cooperative Insurance (SAU:8230) Retained Earnings : ﷼367 Mil (As of Mar. 2024)


View and export this data going back to 2009. Start your Free Trial

What is Al-Rajhi Co For Cooperative Insurance Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Al-Rajhi Co For Cooperative Insurance's retained earnings for the quarter that ended in Mar. 2024 was ﷼367 Mil.

Al-Rajhi Co For Cooperative Insurance's quarterly retained earnings declined from Sep. 2023 (﷼882 Mil) to Dec. 2023 (﷼348 Mil) but then increased from Dec. 2023 (﷼348 Mil) to Mar. 2024 (﷼367 Mil).

Al-Rajhi Co For Cooperative Insurance's annual retained earnings increased from Dec. 2021 (﷼652 Mil) to Dec. 2022 (﷼706 Mil) but then declined from Dec. 2022 (﷼706 Mil) to Dec. 2023 (﷼348 Mil).


Al-Rajhi Co For Cooperative Insurance Retained Earnings Historical Data

The historical data trend for Al-Rajhi Co For Cooperative Insurance'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.

Al-Rajhi Co For Cooperative Insurance Retained Earnings Chart

Al-Rajhi Co For Cooperative Insurance Annual Data
Trend Dec12 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 335.14 516.78 652.01 706.48 347.63

Al-Rajhi Co For Cooperative Insurance 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 774.54 829.63 881.71 347.63 367.21

Al-Rajhi Co For Cooperative Insurance 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.


Al-Rajhi Co For Cooperative Insurance  (SAU:8230) 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.


Al-Rajhi Co For Cooperative Insurance (SAU:8230) Business Description

Traded in Other Exchanges
N/A
Address
3485-Ath Thummamah road, P.O.Box 67791, Al Rabie District, Riyadh, SAU, 11517
Al-Rajhi Co For Cooperative Insurance is engaged in the provision of cooperative insurance and reinsurance services. The purpose of the company is to conduct cooperative insurance operations and all related activities including re-takaful and agency activities. Its operating segments include Medical; Motor; Property and Casualty; and Protection and Savings.

Al-Rajhi Co For Cooperative Insurance (SAU:8230) Headlines

No Headlines