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Ithmaar Holding BSC (BAH:ITHMR) Retained Earnings : $-831.2 Mil (As of Mar. 2024)


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What is Ithmaar Holding BSC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ithmaar Holding BSC's retained earnings for the quarter that ended in Mar. 2024 was $-831.2 Mil.

Ithmaar Holding BSC's quarterly retained earnings declined from Sep. 2023 ($-833.2 Mil) to Dec. 2023 ($-838.1 Mil) but then increased from Dec. 2023 ($-838.1 Mil) to Mar. 2024 ($-831.2 Mil).

Ithmaar Holding BSC's annual retained earnings declined from Dec. 2021 ($-798.8 Mil) to Dec. 2022 ($-828.8 Mil) and declined from Dec. 2022 ($-828.8 Mil) to Dec. 2023 ($-838.1 Mil).


Ithmaar Holding BSC Retained Earnings Historical Data

The historical data trend for Ithmaar Holding BSC'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.

Ithmaar Holding BSC Retained Earnings Chart

Ithmaar Holding BSC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -746.29 -833.80 -798.79 -828.75 -838.06

Ithmaar Holding BSC 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 -831.76 -835.26 -833.24 -838.06 -831.22

Ithmaar Holding BSC 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.


Ithmaar Holding BSC  (BAH:ITHMR) 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.


Ithmaar Holding BSC (BAH:ITHMR) Business Description

Traded in Other Exchanges
Address
Seef Tower, P.O. Box 2820, Seef District, Manama, BHR
Ithmaar Holding BSC is engaged in providing financial services, including retail, commercial, asset management, private banking, takaful, equipment leasing, and real estate development. It also acts as a manager, on a trustee basis of funds deposited for investment in accordance with Islamic laws and principles, particularly regarding the prohibition of receiving or paying interest. The group's business segment includes Retail and Corporate banking, where it receives customer funds, and deposits and extends financing to its retail and corporate clients; Asset Management/ Investment Banking, where it directly participates in investment opportunities and Others.

Ithmaar Holding BSC (BAH:ITHMR) Headlines

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