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Care Twentyone (TSE:2373) Retained Earnings : 円2,777 Mil (As of Jan. 2024)


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What is Care Twentyone Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Care Twentyone's retained earnings for the quarter that ended in Jan. 2024 was 円2,777 Mil.

Care Twentyone's quarterly retained earnings declined from Jul. 2023 (円3,173 Mil) to Oct. 2023 (円3,156 Mil) and declined from Oct. 2023 (円3,156 Mil) to Jan. 2024 (円2,777 Mil).

Care Twentyone's annual retained earnings increased from Oct. 2021 (円2,988 Mil) to Oct. 2022 (円3,379 Mil) but then declined from Oct. 2022 (円3,379 Mil) to Oct. 2023 (円3,156 Mil).


Care Twentyone Retained Earnings Historical Data

The historical data trend for Care Twentyone'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.

Care Twentyone Retained Earnings Chart

Care Twentyone Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,754.44 2,274.82 2,987.65 3,378.63 3,155.74

Care Twentyone Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 3,045.26 3,260.10 3,173.15 3,155.74 2,777.31

Care Twentyone 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.


Care Twentyone  (TSE:2373) 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.


Care Twentyone (TSE:2373) Business Description

Traded in Other Exchanges
N/A
Address
Dojima Kita-ku, Kintetsu Dojima building, 10th floor, Osaka, JPN, 530-0003
Care Twentyone Corp provides nursing care services. It also leases and sells nursing equipment as well as operates a nursing home for the elder people. It also provides daycare homes, nursing homes, and group homes. It is also engaged in small-scale multifunctional home care, welfare equipment sales, rental and housing repair and light work contracting business.

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