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User Local (TSE:3984) Retained Earnings : 円4,895 Mil (As of Mar. 2024)


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What is User Local Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. User Local's retained earnings for the quarter that ended in Mar. 2024 was 円4,895 Mil.

User Local's quarterly retained earnings increased from Sep. 2023 (円4,279 Mil) to Dec. 2023 (円4,587 Mil) and increased from Dec. 2023 (円4,587 Mil) to Mar. 2024 (円4,895 Mil).

User Local's annual retained earnings increased from Jun. 2021 (円2,469 Mil) to Jun. 2022 (円3,151 Mil) and increased from Jun. 2022 (円3,151 Mil) to Jun. 2023 (円4,057 Mil).


User Local Retained Earnings Historical Data

The historical data trend for User Local'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.

User Local Retained Earnings Chart

User Local Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only 1,433.33 1,853.20 2,468.66 3,151.05 4,057.41

User Local 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 3,738.75 4,057.41 4,279.14 4,586.86 4,894.86

User Local 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.


User Local  (TSE:3984) 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.


User Local (TSE:3984) Business Description

Traded in Other Exchanges
N/A
Address
5-20-6 Shiba, Minato-ku, Tokyo, JPN, 108-0014
User Local Inc is engaged in the research and development of big data analysis system, web marketing support tool, offering media analysis tool, and managing artificial intelligence chat bot.

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