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Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Retained Earnings : $2,644 Mil (As of Dec. 2023)


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What is Japan Petroleum Exploration Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Japan Petroleum Exploration Co's retained earnings for the quarter that ended in Dec. 2023 was $2,644 Mil.

Japan Petroleum Exploration Co's quarterly retained earnings declined from Jun. 2023 ($2,575 Mil) to Sep. 2023 ($2,562 Mil) but then increased from Sep. 2023 ($2,562 Mil) to Dec. 2023 ($2,644 Mil).

Japan Petroleum Exploration Co's annual retained earnings declined from Mar. 2021 ($3,169 Mil) to Mar. 2022 ($2,619 Mil) but then increased from Mar. 2022 ($2,619 Mil) to Mar. 2023 ($2,716 Mil).


Japan Petroleum Exploration Co Retained Earnings Historical Data

The historical data trend for Japan Petroleum Exploration 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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Japan Petroleum Exploration Co Retained Earnings Chart

Japan Petroleum Exploration Co Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,980.86 3,259.43 3,168.73 2,619.32 2,715.68

Japan Petroleum Exploration 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 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 2,511.82 2,715.68 2,574.82 2,561.75 2,644.09

Japan Petroleum Exploration 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.


Japan Petroleum Exploration Co  (OTCPK:JPTXF) 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.


Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Business Description

Traded in Other Exchanges
Address
Sapia Tower, 1-7-12, Marunouchi, Chiyoda-ku, Tokyo, JPN, 100-0005
Japan Petroleum Exploration Co Ltd is a drilling and exploration company that specializes in the production of crude oil and liquefied natural gas. Majority of the company's revenue is derived from oil and gas fields in Japan, with additional production coming from various international positions. Japan Petroleum Exploration serves natural gas to electric power companies, local distribution companies, and various industrial users. It also supplies and sells crude oil to petroleum refiners and trading companies.

Japan Petroleum Exploration Co (Japan Petroleum Exploration Co) Headlines