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Insurance House PSC (ADX:IH) Retained Earnings : د.إ-105.9 Mil (As of Sep. 2023)


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What is Insurance House PSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Insurance House PSC's retained earnings for the quarter that ended in Sep. 2023 was د.إ-105.9 Mil.

Insurance House PSC's quarterly retained earnings declined from Mar. 2023 (د.إ-84.3 Mil) to Jun. 2023 (د.إ-105.4 Mil) and declined from Jun. 2023 (د.إ-105.4 Mil) to Sep. 2023 (د.إ-105.9 Mil).

Insurance House PSC's annual retained earnings declined from Dec. 2020 (د.إ-5.4 Mil) to Dec. 2021 (د.إ-7.5 Mil) but then increased from Dec. 2021 (د.إ-7.5 Mil) to Dec. 2022 (د.إ1.0 Mil).


Insurance House PSC Retained Earnings Historical Data

The historical data trend for Insurance House PSC'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.

Insurance House PSC Retained Earnings Chart

Insurance House PSC Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -19.03 -8.92 -5.45 -7.55 1.02

Insurance House PSC Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 1.37 1.02 -84.34 -105.44 -105.93

Insurance House PSC 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.


Insurance House PSC  (ADX:IH) 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.


Insurance House PSC (ADX:IH) Business Description

Traded in Other Exchanges
N/A
Address
Finance House Building, Zayed 1st Street, P.O.Box 129921, Khalidiya Area, Abu Dhabi, ARE
Insurance House PSC provides various non-life insurance products in the United Arab Emirates. The products and services offered by the company include accidents and civil responsibility insurance, land, marine and air transportation, dangers insurance and health insurance. The company is organized into two business segments comprising Underwriting of general insurance business and Investments. Underwriting of general insurance business segment incorporates all classes of general insurance, fire, marine, motor, general accident and medical. Investments segment incorporates investments in UAE marketable equity securities, term deposits with banks, overseas managed portfolios, and other securities.

Insurance House PSC (ADX:IH) Headlines