GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Geetanjali Credit and Capital Ltd (BOM:539486) » Definitions » Retained Earnings

Geetanjali Credit and Capital (BOM:539486) Retained Earnings : ₹0.00 Mil (As of Dec. 2023)


View and export this data going back to 2015. Start your Free Trial

What is Geetanjali Credit and Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Geetanjali Credit and Capital's retained earnings for the quarter that ended in Dec. 2023 was ₹0.00 Mil.

Geetanjali Credit and Capital's quarterly retained earnings increased from Mar. 2023 (₹-13.01 Mil) to Jun. 2023 (₹0.00 Mil) but then stayed the same from Jun. 2023 (₹0.00 Mil) to Dec. 2023 (₹0.00 Mil).

Geetanjali Credit and Capital's annual retained earnings declined from Mar. 2021 (₹-12.85 Mil) to Mar. 2022 (₹-12.87 Mil) and declined from Mar. 2022 (₹-12.87 Mil) to Mar. 2023 (₹-13.01 Mil).


Geetanjali Credit and Capital Retained Earnings Historical Data

The historical data trend for Geetanjali Credit and Capital'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.

Geetanjali Credit and Capital Retained Earnings Chart

Geetanjali Credit and Capital Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -12.73 -12.76 -12.85 -12.87 -13.01

Geetanjali Credit and Capital Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 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 - - -13.01 - -

Geetanjali Credit and Capital 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.


Geetanjali Credit and Capital  (BOM:539486) 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.


Geetanjali Credit and Capital (BOM:539486) Business Description

Traded in Other Exchanges
N/A
Address
Shop No.5,Shree Sai Sindagi Sona Bazar Complex, (Saraffa Katta) Sheelavantar Oni, Bardansal, Sarafgatti, Hubali, Dharwad, KA, IND, 580020
Geetanjali Credit and Capital Ltd is a non-banking financial institution, provides finance and other services in India. It engages in investing in quoted and unquoted shares; advancing loans against listed shares, securities, and properties; margin funding; the provision of corporate and personal loans; trade financing and bill discounting; offering solutions for meeting liquidity requirements with technical insights into capital markets; and portfolio management/consultancy activities.

Geetanjali Credit and Capital (BOM:539486) Headlines

No Headlines