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More Provident Funds And Pension (XTAE:MPP) Retained Earnings : ₪25.3 Mil (As of Dec. 2023)


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What is More Provident Funds And Pension Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. More Provident Funds And Pension's retained earnings for the quarter that ended in Dec. 2023 was ₪25.3 Mil.

More Provident Funds And Pension's quarterly retained earnings increased from Jun. 2023 (₪0.9 Mil) to Sep. 2023 (₪10.1 Mil) and increased from Sep. 2023 (₪10.1 Mil) to Dec. 2023 (₪25.3 Mil).

More Provident Funds And Pension's annual retained earnings increased from Dec. 2021 (₪-21.7 Mil) to Dec. 2022 (₪-14.0 Mil) and increased from Dec. 2022 (₪-14.0 Mil) to Dec. 2023 (₪25.3 Mil).


More Provident Funds And Pension Retained Earnings Historical Data

The historical data trend for More Provident Funds And Pension'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.

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More Provident Funds And Pension Retained Earnings Chart

More Provident Funds And Pension Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -9.03 -20.53 -21.68 -13.99 25.32

More Provident Funds And Pension Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -13.99 -5.87 0.89 10.11 25.32

More Provident Funds And Pension 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.


More Provident Funds And Pension  (XTAE:MPP) 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.


More Provident Funds And Pension (XTAE:MPP) Business Description

Traded in Other Exchanges
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Address
Ben Gurion Road 2, PO Box: 514956465, Ramat Gan, ISR, 5257334
More Provident Funds And Pension Ltd, formerly More Provident Funds Ltd offers variety of long-term savings routes at different risk levels. The company offers provident funds, study funds and investment provident funds.

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