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Commex Technology (BOM:532342) Retained Earnings : ₹0.00 Mil (As of Dec. 2020)


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What is Commex Technology Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Commex Technology's retained earnings for the quarter that ended in Dec. 2020 was ₹0.00 Mil.

Commex Technology's annual retained earnings declined from Mar. 2018 (₹-1,494.06 Mil) to Mar. 2019 (₹-1,495.90 Mil) and declined from Mar. 2019 (₹-1,495.90 Mil) to Mar. 2020 (₹-1,501.19 Mil).


Commex Technology Retained Earnings Historical Data

The historical data trend for Commex Technology'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.

Commex Technology Retained Earnings Chart

Commex Technology Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -251.98 -960.68 -1,494.06 -1,495.90 -1,501.19

Commex Technology Quarterly Data
Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 - -1,501.19 - - -

Commex Technology 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.


Commex Technology  (BOM:532342) 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.


Commex Technology (BOM:532342) Business Description

Traded in Other Exchanges
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Address
Old Nagardas Road, B-401, Unit No.- 42, 4th Floor, Vasudev Chamber, Opposite Wilson Pen Company, Andheri (East), Mumbai, MH, IND, 400069
Commex Technology Ltd is a technology and consulting service provider. The company is primarily engaged in the provision of software products and solutions to the capital and commodities markets. In addition, the company provides IT consulting services and solutions. Its services include custom application development, application management, package implementation, onsite consultancy, offshore outsourcing and information technology consulting.

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