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Jarir Marketing Co (SAU:4190) Retained Earnings : ﷼621 Mil (As of Mar. 2024)


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What is Jarir Marketing Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jarir Marketing Co's retained earnings for the quarter that ended in Mar. 2024 was ﷼621 Mil.

Jarir Marketing Co's quarterly retained earnings declined from Sep. 2023 (﷼705 Mil) to Dec. 2023 (﷼677 Mil) and declined from Dec. 2023 (﷼677 Mil) to Mar. 2024 (﷼621 Mil).

Jarir Marketing Co's annual retained earnings increased from Dec. 2021 (﷼240 Mil) to Dec. 2022 (﷼301 Mil) and increased from Dec. 2022 (﷼301 Mil) to Dec. 2023 (﷼677 Mil).


Jarir Marketing Co Retained Earnings Historical Data

The historical data trend for Jarir Marketing Co'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.

Jarir Marketing Co Retained Earnings Chart

Jarir Marketing Co 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 317.23 294.61 239.94 301.40 677.50

Jarir Marketing Co 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 285.15 588.88 705.21 677.50 620.81

Jarir Marketing Co 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.


Jarir Marketing Co  (SAU:4190) 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.


Jarir Marketing Co (SAU:4190) Business Description

Traded in Other Exchanges
N/A
Address
Main Olaya street, P.O. Box 3196, Olaya, Riyadh, SAU, 11471
Jarir Marketing Company operates retail and wholesale showrooms. The company activity include ) include; retail and wholesale trading in office and school supplies, children toys, books, educational aids, office furniture, engineering equipment, computers and computer systems, electronic and electrical devices, maintenance of computers and electronic and electrical devices, sports and scout equipment and paper. It also includes, purchase of residential and commercial buildings and the acquisition of land to construct buildings for sale or lease for the interest of the Company. The company segments include Retail Outlets, Wholesale, E-commerce, and Others. It generates maximum revenue from the Retail Outlets segment.

Jarir Marketing Co (SAU:4190) Headlines

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