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Aitken Spence (COL:SPEN.N0000) Retained Earnings : රු28,306 Mil (As of Dec. 2023)


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What is Aitken Spence Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Aitken Spence's retained earnings for the quarter that ended in Dec. 2023 was රු28,306 Mil.

Aitken Spence's quarterly retained earnings increased from Jun. 2023 (රු25,717 Mil) to Sep. 2023 (රු26,459 Mil) and increased from Sep. 2023 (රු26,459 Mil) to Dec. 2023 (රු28,306 Mil).

Aitken Spence's annual retained earnings increased from Mar. 2021 (රු19,341 Mil) to Mar. 2022 (රු27,165 Mil) and increased from Mar. 2022 (රු27,165 Mil) to Mar. 2023 (රු29,743 Mil).


Aitken Spence Retained Earnings Historical Data

The historical data trend for Aitken Spence'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.

Aitken Spence Retained Earnings Chart

Aitken Spence Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 23,899.40 23,648.56 19,340.78 27,164.52 29,743.42

Aitken Spence Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 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 Premium Member Only Premium Member Only Premium Member Only 32,450.13 29,743.42 25,717.47 26,459.24 28,305.95

Aitken Spence 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.


Aitken Spence  (COL:SPEN.N0000) 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.


Aitken Spence (COL:SPEN.N0000) Business Description

Traded in Other Exchanges
N/A
Address
No. 315, Vauxhall Street, Aitken Spence Towers II, Colombo, LKA, 02
Aitken Spence PLC is a Sri Lankan-based conglomerate company. Its segments consist of Tourism, Maritime and Freight Logistics, Strategic Investments, and Services. The tourism segment includes Hotels, destination management, and Airline GSA. Maritime and Freight Logistics segments consist of Maritime and Port Services, Freight Forwarding and Courier, Airline GSA (Cargo), Integrated Logistics, and Education. Strategic Investment includes Power Generation, Apparel Manufacture, Printing and Packaging, and Plantations. The services sector is engaged in Money Transfer Services, Elevator Agencies, Insurance, and Property Management. The company's geographical segments are Sri Lanka, Maldives, and Other Countries.

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