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Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Retained Earnings : ₺108.0 Mil (As of Sep. 2023)


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What is Frigo Pak Gida Maddelerin Ve Ticaret AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Frigo Pak Gida Maddelerin Ve Ticaret AS's retained earnings for the quarter that ended in Sep. 2023 was ₺108.0 Mil.

Frigo Pak Gida Maddelerin Ve Ticaret AS's quarterly retained earnings declined from Mar. 2023 (₺83.4 Mil) to Jun. 2023 (₺83.0 Mil) but then increased from Jun. 2023 (₺83.0 Mil) to Sep. 2023 (₺108.0 Mil).

Frigo Pak Gida Maddelerin Ve Ticaret AS's annual retained earnings declined from Dec. 2020 (₺20.0 Mil) to Dec. 2021 (₺9.4 Mil) but then increased from Dec. 2021 (₺9.4 Mil) to Dec. 2022 (₺84.4 Mil).


Frigo Pak Gida Maddelerin Ve Ticaret AS Retained Earnings Historical Data

The historical data trend for Frigo Pak Gida Maddelerin Ve Ticaret AS'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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Frigo Pak Gida Maddelerin Ve Ticaret AS Retained Earnings Chart

Frigo Pak Gida Maddelerin Ve Ticaret AS Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.07 -8.48 20.05 9.43 84.40

Frigo Pak Gida Maddelerin Ve Ticaret AS Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 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 66.85 84.40 83.39 82.98 107.99

Frigo Pak Gida Maddelerin Ve Ticaret AS 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.


Frigo Pak Gida Maddelerin Ve Ticaret AS  (IST:FRIGO) 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.


Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Business Description

Traded in Other Exchanges
N/A
Address
Fenerbahce Mahallesi Haci Mehmet Sok. No. 24 F, Block Apartment: 21-22, Kadikoy, Istanbul, TUR
Frigo Pak Gida Maddeleri San Ve Ticaret AS is a food producer and exporter. The company manufactures gas and non-carbonated beverages, fruit juice, canned, frozen food as well as puree and sauces. It exports its products to more than 10 countries. The company products include sunpride, sunpride organic, strawberry canned, Erik canned food, mexican beans, and sour cherry.

Frigo Pak Gida Maddelerin Ve Ticaret AS (IST:FRIGO) Headlines

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