Honda Motor Co (Honda Motor Co) Retained Earnings

: $73,679 Mil (As of Dec. 2023)

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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Honda Motor Co's retained earnings for the quarter that ended in Dec. 2023 was $73,679 Mil.

Honda Motor Co's quarterly retained earnings declined from Jun. 2023 ($72,466 Mil) to Sep. 2023 ($70,999 Mil) but then increased from Sep. 2023 ($70,999 Mil) to Dec. 2023 ($73,679 Mil).

Honda Motor Co's annual retained earnings declined from Mar. 2021 ($81,889 Mil) to Mar. 2022 ($80,446 Mil) and declined from Mar. 2022 ($80,446 Mil) to Mar. 2023 ($74,666 Mil).

Honda Motor Co Retained Earnings Historical Data

The historical data trend for Honda Motor Co'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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Honda Motor Co Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

71,741.30

75,630.65

81,889.05

80,446.47

74,665.62

Honda Motor Co Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings																73,443.13	74,665.62	72,466.30	70,999.28	73,678.72

Honda Motor Co 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.

Honda Motor Co (NYSE:HMC) 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.

Honda Motor Co (Honda Motor Co) Business Description

Industry

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Traded in Other Exchanges

HNDAF:USA HMC:Mexico 7267:Japan HDM:Germany HOND34:Brazil HMC:Argentina

Address

Number 1-1, Minami-Aoyama 2-chome, Minato-ku, Tokyo, JPN, 107-8556

Website

https://global.honda

Incorporated in 1948, Honda Motor was originally a motorcycle manufacturer. Today, the firm makes automobiles, motorcycles, and power products such as boat engines, generators, and lawnmowers. Including joint ventures, Honda sold 22.4 million cars and motorcycles in fiscal 2023 (3.7 million of which were autos), and consolidated sales were JPY 16.9 trillion. Automobiles constitute 63% of revenue and motorcycles 17%, with the rest split between power products and financial services. Honda also makes robots and private jets.