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Square Textiles (DHA:SQUARETEXT) Retained Earnings : BDT7,689 Mil (As of Dec. 2023)


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What is Square Textiles Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Square Textiles's retained earnings for the quarter that ended in Dec. 2023 was BDT7,689 Mil.

Square Textiles's quarterly retained earnings increased from Jun. 2023 (BDT7,679 Mil) to Sep. 2023 (BDT8,032 Mil) but then declined from Sep. 2023 (BDT8,032 Mil) to Dec. 2023 (BDT7,689 Mil).

Square Textiles's annual retained earnings increased from Jun. 2021 (BDT5,660 Mil) to Jun. 2022 (BDT7,224 Mil) and increased from Jun. 2022 (BDT7,224 Mil) to Jun. 2023 (BDT7,679 Mil).


Square Textiles Retained Earnings Historical Data

The historical data trend for Square Textiles'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.

Square Textiles Retained Earnings Chart

Square Textiles Annual Data
Trend Dec12 Dec13 Dec14 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5,526.24 5,185.06 5,659.67 7,223.73 7,678.62

Square Textiles 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 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 7,090.33 7,348.03 7,678.62 8,032.36 7,688.98

Square Textiles 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.


Square Textiles  (DHA:SQUARETEXT) 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.


Square Textiles (DHA:SQUARETEXT) Business Description

Traded in Other Exchanges
N/A
Address
Square Centre, 48 Mohakhali Commercial Area, Dhaka, BGD, 1212
Square Textiles PLC is engaged in developing, manufacturing, and marketing cotton/yarn for human as well as industrial use. The company produces cotton yarn, polyester, organic yarn, bamboo yarn and blended yarn mix of cotton, and polyester of different counts. The firm is based in Bangladesh.

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