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Siti Networks (BOM:532795) Retained Earnings : ₹0 Mil (As of Sep. 2023)


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What is Siti Networks Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Siti Networks's retained earnings for the quarter that ended in Sep. 2023 was ₹0 Mil.

Siti Networks's quarterly retained earnings increased from Mar. 2023 (₹-24,694 Mil) to Jun. 2023 (₹0 Mil) but then stayed the same from Jun. 2023 (₹0 Mil) to Sep. 2023 (₹0 Mil).

Siti Networks's annual retained earnings declined from Mar. 2021 (₹-19,371 Mil) to Mar. 2022 (₹-21,894 Mil) and declined from Mar. 2022 (₹-21,894 Mil) to Mar. 2023 (₹-24,694 Mil).


Siti Networks Retained Earnings Historical Data

The historical data trend for Siti Networks'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.

Siti Networks Retained Earnings Chart

Siti Networks 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 -14,960.38 -16,975.88 -19,370.90 -21,894.24 -24,694.08

Siti Networks Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 - - -24,694.08 - -

Siti Networks 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.


Siti Networks  (BOM:532795) 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.


Siti Networks (BOM:532795) Business Description

Traded in Other Exchanges
Address
Film City - Plot No. 19 and 20, Sector -16A, Upper Ground Floor, Film City, Noida, UP, IND, 201 301
Siti Networks Ltd is an Indian-based multi-system cable operator. It is engaged in providing cable television network services, internet services, and allied services. Its products includes High-Speed Broadband, Digital Television, Broadband, Local Television Channels, and Electronic Programming. The company also provides a wide gamut of services ranging from OTT and High-speed gaming ready services to IoT Ready Network with security camera and surveillance services to even business solutions in the ILP & ILL domains. The company operates in a single business segment of cable distribution and earns revenue from the same.

Siti Networks (BOM:532795) Headlines

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