ReNew Energy Global (ReNew Energy Global) Retained Earnings : $-697 Mil (As of Dec. 2023)

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What is ReNew Energy Global Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ReNew Energy Global's retained earnings for the quarter that ended in Dec. 2023 was $-697 Mil.

ReNew Energy Global's quarterly retained earnings increased from Jun. 2023 ($-652 Mil) to Sep. 2023 ($-629 Mil) but then declined from Sep. 2023 ($-629 Mil) to Dec. 2023 ($-697 Mil).

ReNew Energy Global's annual retained earnings declined from Mar. 2021 ($-89 Mil) to Mar. 2022 ($-504 Mil) and declined from Mar. 2022 ($-504 Mil) to Mar. 2023 ($-652 Mil).

ReNew Energy Global Retained Earnings Historical Data

The historical data trend for ReNew Energy Global'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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ReNew Energy Global Retained Earnings Chart

ReNew Energy Global Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

16.19

-89.11

-504.27

-651.66

ReNew Energy Global Quarterly Data
	Mar19	Mar20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial											-630.41	-651.66	-651.74	-629.39	-696.51

ReNew Energy Global 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.

ReNew Energy Global (NAS:RNW) 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.

ReNew Energy Global (ReNew Energy Global) Business Description

Industry

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Traded in Other Exchanges

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Address

C/o Vistra (UK) Ltd., 4th Floor 11-12 St. James’ Square, London, GBR, SW1Y 4LB

Website

https://www.renewpower.in

ReNew Energy Global PLC is a Developer and operator of clean energy projects intended to meet India's growing energy needs in an efficient, sustainable and socially responsible manner. The Company provides end-to-end solutions in a just and inclusive manner in the areas of clean energy, value-added energy offerings through digitalization, storage, and carbon markets that increasingly are integral to addressing climate change.