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PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) Retained Earnings : Rp227,290 Mil (As of Mar. 2024)


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What is PT MSIG Life Insurance Indonesia Tbk Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. PT MSIG Life Insurance Indonesia Tbk's retained earnings for the quarter that ended in Mar. 2024 was Rp227,290 Mil.

PT MSIG Life Insurance Indonesia Tbk's quarterly retained earnings declined from Sep. 2023 (Rp144,287 Mil) to Dec. 2023 (Rp137,996 Mil) but then increased from Dec. 2023 (Rp137,996 Mil) to Mar. 2024 (Rp227,290 Mil).

PT MSIG Life Insurance Indonesia Tbk's annual retained earnings increased from Dec. 2021 (Rp220,661 Mil) to Dec. 2022 (Rp381,538 Mil) but then declined from Dec. 2022 (Rp381,538 Mil) to Dec. 2023 (Rp137,996 Mil).


PT MSIG Life Insurance Indonesia Tbk Retained Earnings Historical Data

The historical data trend for PT MSIG Life Insurance Indonesia Tbk'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.

PT MSIG Life Insurance Indonesia Tbk Retained Earnings Chart

PT MSIG Life Insurance Indonesia Tbk Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 476,527.00 659,642.00 220,661.00 381,538.00 137,996.00

PT MSIG Life Insurance Indonesia Tbk 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 450,172.00 170,464.00 144,287.00 137,996.00 227,290.00

PT MSIG Life Insurance Indonesia Tbk 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.


PT MSIG Life Insurance Indonesia Tbk  (ISX:LIFE) 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.


PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) Business Description

Traded in Other Exchanges
N/A
Address
Jalan Mangga Dua Raya, Wisma Eka Jiwa, 8th-9th Floor, Jakarta Pusat, Jakarta, IDN, 10730
PT MSIG Life Insurance Indonesia Tbk Formerly PT Asuransi Jiwa Sinarmas MSIG Tbk is involved in the life insurance business. The company's products are diversified into six categories namely Term life insurance, Endowment, Whole life insurance, Health insurance, Personal accident insurance, and Unit link Insurance.

PT MSIG Life Insurance Indonesia Tbk (ISX:LIFE) Headlines

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