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Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Retained Earnings : KWD6.72 Mil (As of Mar. 2024)


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What is Warba Insurance and Reinsurance Co KSCP Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Warba Insurance and Reinsurance Co KSCP's retained earnings for the quarter that ended in Mar. 2024 was KWD6.72 Mil.

Warba Insurance and Reinsurance Co KSCP's quarterly retained earnings increased from Sep. 2023 (KWD0.68 Mil) to Dec. 2023 (KWD4.22 Mil) and increased from Dec. 2023 (KWD4.22 Mil) to Mar. 2024 (KWD6.72 Mil).

Warba Insurance and Reinsurance Co KSCP's annual retained earnings increased from Dec. 2021 (KWD-0.90 Mil) to Dec. 2022 (KWD2.25 Mil) and increased from Dec. 2022 (KWD2.25 Mil) to Dec. 2023 (KWD4.22 Mil).


Warba Insurance and Reinsurance Co KSCP Retained Earnings Historical Data

The historical data trend for Warba Insurance and Reinsurance Co KSCP'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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Warba Insurance and Reinsurance Co KSCP Retained Earnings Chart

Warba Insurance and Reinsurance Co KSCP 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 1.95 2.13 -0.90 2.25 4.22

Warba Insurance and Reinsurance Co KSCP 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 4.85 -4.96 0.68 4.22 6.72

Warba Insurance and Reinsurance Co KSCP 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.


Warba Insurance and Reinsurance Co KSCP  (KUW:WINSRE) 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.


Warba Insurance and Reinsurance Co KSCP (KUW:WINSRE) Business Description

Traded in Other Exchanges
N/A
Address
Sharq, Ahmad Al Jaber Street, Derwazat Abdul Razak, P.O. Box 24282, Safat, Opposite to the Banking Complex, Warba Tower, Kuwait, KWT, 13103
Warba Insurance and Reinsurance Co KSCP is involved in the provision of life and non-life insurance products and services. The company reports three business segments: General risk insurance, Life and Medical insurance and Investment. Within General risk insurance are Marine and Aviation, Fire and general accidents and Motor. The company's offerings include Individual Life Insurance, Medical Insurance individual, Medical Insurance Corporate and FGA Insurance Policies among others. Geographically it operates through Kuwait.

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