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Ambition Mica (BOM:539223) Retained Earnings : ₹0.0 Mil (As of Jun. 2023)


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What is Ambition Mica Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ambition Mica's retained earnings for the quarter that ended in Jun. 2023 was ₹0.0 Mil.

Ambition Mica's quarterly retained earnings declined from Dec. 2022 (₹0.0 Mil) to Mar. 2023 (₹-364.5 Mil) but then increased from Mar. 2023 (₹-364.5 Mil) to Jun. 2023 (₹0.0 Mil).

Ambition Mica's annual retained earnings declined from Mar. 2021 (₹11.4 Mil) to Mar. 2022 (₹-354.0 Mil) and declined from Mar. 2022 (₹-354.0 Mil) to Mar. 2023 (₹-364.5 Mil).


Ambition Mica Retained Earnings Historical Data

The historical data trend for Ambition Mica'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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Ambition Mica Retained Earnings Chart

Ambition Mica 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 57.77 65.48 11.43 -353.97 -364.50

Ambition Mica Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 - - - -364.50 -

Ambition Mica 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.


Ambition Mica  (BOM:539223) 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.


Ambition Mica (BOM:539223) Business Description

Traded in Other Exchanges
N/A
Address
Anand Timber Mart Compound, Behind Karnavati Hospital, Opposite Saijpur Tower, Saijpur Bogha, Ahmedabad, GJ, IND, 382345
Ambition Mica Ltd operates in the laminate industry. The company is engaged in the manufacturing of decorative laminates and door skins. It markets laminates and door skin under brands like Antique, Art Lam, Antique Aurum, Antique Natural Wood, Boutique, and Micro Touch.

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