NSK (NPSKY) Retained Earnings : $2,869 Mil (As of Dec. 2023)

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What is NSK Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NSK's retained earnings for the quarter that ended in Dec. 2023 was $2,869 Mil.

NSK's quarterly retained earnings declined from Jun. 2023 ($2,880 Mil) to Sep. 2023 ($2,798 Mil) but then increased from Sep. 2023 ($2,798 Mil) to Dec. 2023 ($2,869 Mil).

NSK's annual retained earnings declined from Mar. 2021 ($3,660 Mil) to Mar. 2022 ($3,465 Mil) and declined from Mar. 2022 ($3,465 Mil) to Mar. 2023 ($3,110 Mil).

NSK Retained Earnings Historical Data

The historical data trend for NSK'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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NSK Retained Earnings Chart

NSK Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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3,605.40

3,769.41

3,659.98

3,465.01

3,110.30

NSK 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															3,022.79	3,110.30	2,880.21	2,798.16	2,869.01

NSK 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.

NSK (OTCPK:NPSKY) 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.

NSK (NPSKY) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » NSK Ltd (OTCPK:NPSKY) » Definitions » Retained Earnings

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6471:Japan NSK:Germany

Address

Nissei Building, 1-6-3 Ohsaki, Shinagawa-ku, Tokyo, JPN, 141-8560

Website

http://www.jp.nsk.com

NSK Ltd is a Japan-based company which manufactures and sells automotive products, precision machinery and mechatronic products. The company has two business segments, the Industrial Machinery business and the Automotive Business. The Industrial machinery bearing business is comprised of three sub-segments the general machinery, electrical and IT equipment and Aftermarket segment. The Automotive business is engaged in production and sales of bearings for car manufacturers and automotive component manufacturers, steering columns and automatic transmission components. Its products include ball bearings, roller bearings, Plummer blocks, electric power steering and super precision bearings.

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