Cemtrex (Cemtrex) Retained Earnings : $-65.33 Mil (As of Dec. 2023)

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What is Cemtrex Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cemtrex's retained earnings for the quarter that ended in Dec. 2023 was $-65.33 Mil.

Cemtrex's quarterly retained earnings declined from Jun. 2023 ($-62.95 Mil) to Sep. 2023 ($-64.13 Mil) and declined from Sep. 2023 ($-64.13 Mil) to Dec. 2023 ($-65.33 Mil).

Cemtrex's annual retained earnings declined from Sep. 2021 ($-41.91 Mil) to Sep. 2022 ($-54.93 Mil) and declined from Sep. 2022 ($-54.93 Mil) to Sep. 2023 ($-64.13 Mil).

Cemtrex Retained Earnings Historical Data

The historical data trend for Cemtrex'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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Cemtrex Retained Earnings Chart

Cemtrex Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Retained Earnings

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-20.07

-34.10

-41.91

-54.93

-64.13

Cemtrex 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															-61.21	-61.80	-62.95	-64.13	-65.33

Cemtrex 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.

Cemtrex (NAS:CETX) 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.

Cemtrex (Cemtrex) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Cemtrex Inc (NAS:CETX) » Definitions » Retained Earnings

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Traded in Other Exchanges

CETXP.PFD:USA C42:Germany

Address

135 Fell Ct. Hauppaug, New York, NY, USA, 11222

Website

https://www.cemtrex.com

Cemtrex Inc is a multi-industry technology company. It has expanded in a range of sectors, including smart technologies, virtual and augmented realities, industrial solutions, and intelligent security system. The company's operating segment includes the Security segment, Industrial Services segment and the Corporate segment. It generates maximum revenue from the Security segment. It geographically operates in USA, UK and India wherein maximum revenue is generated in USA.

Executives

Saagar Govil	director, officer: Secretary and Director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Renato Dela Rama	officer: VP of Finance /CFO	19 ENGINEERS LANE, FARMINGDALE NY 11735
Shamik Shah	director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Ducon Technologies, Inc.	other: See remarks	19 ENGINEERS LANE, FARMINGDALE NY 11735
Sunny Patel	director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Metodi Filipov	director, officer: Vice President Operations	19 ENGINEERS LANE, FARMINGDALE NY 11735
Arun Govil	director, officer: See Remarks	19 ENGINEERS LANE, FARMINGDALE NY 11735
Rama Rehato Dela	director, officer: Vice President and Director	19 ENGINEERS LANE, FARMINGDALE NY 11735
Ravi Narayan	director, officer: VICE PRESIDENT AND DIRECTOR	19 ENGINEERS LANE, FARMINGDALE NY 11735