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Sapura Energy Bhd (XKLS:5218) Retained Earnings : RM-17,313 Mil (As of Jan. 2024)


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What is Sapura Energy Bhd Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sapura Energy Bhd's retained earnings for the quarter that ended in Jan. 2024 was RM-17,313 Mil.

Sapura Energy Bhd's quarterly retained earnings increased from Jul. 2023 (RM-16,616 Mil) to Oct. 2023 (RM-16,585 Mil) but then declined from Oct. 2023 (RM-16,585 Mil) to Jan. 2024 (RM-17,313 Mil).

Sapura Energy Bhd's annual retained earnings declined from Jan. 2022 (RM-13,659 Mil) to Jan. 2023 (RM-16,813 Mil) and declined from Jan. 2023 (RM-16,813 Mil) to Jan. 2024 (RM-17,313 Mil).


Sapura Energy Bhd Retained Earnings Historical Data

The historical data trend for Sapura Energy Bhd'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.

Sapura Energy Bhd Retained Earnings Chart

Sapura Energy Bhd Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4,473.22 -4,625.42 -13,658.70 -16,813.28 -17,313.26

Sapura Energy Bhd Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -16,813.28 -16,667.19 -16,615.71 -16,584.82 -17,313.26

Sapura Energy Bhd 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.


Sapura Energy Bhd  (XKLS:5218) 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.


Sapura Energy Bhd (XKLS:5218) Business Description

Traded in Other Exchanges
Address
No. 7, Jalan Tasik, Sapura@Mines, The Mines Resort City, Seri Kembangan, SGR, MYS, 43300
Sapura Energy Bhd is an upstream firm in the global oil and gas industry, providing services and solutions in the Americas, Middle East, Africa, Europe, and Asia-Pacific. The company's operating segments consist of engineering and construction, drilling, and exploration and production. The engineering and construction segment provides engineering, procurement, construction, installation, and commissioning solutions. The drilling business unit offers drilling services with Sapura's own fleet of tender rigs. The exploration and production segment provides exploration, development, and production solutions. The company generates the majority of its revenue from its engineering and construction business.

Sapura Energy Bhd (XKLS:5218) Headlines

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