GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Mudra Financial Services Ltd (BOM:539819) » Definitions » Retained Earnings

Mudra Financial Services (BOM:539819) Retained Earnings : ₹0.00 Mil (As of Mar. 2024)


View and export this data going back to 2016. Start your Free Trial

What is Mudra Financial Services Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Mudra Financial Services's retained earnings for the quarter that ended in Mar. 2024 was ₹0.00 Mil.

Mudra Financial Services's annual retained earnings increased from Mar. 2022 (₹40.74 Mil) to Mar. 2023 (₹41.54 Mil) but then declined from Mar. 2023 (₹41.54 Mil) to Mar. 2024 (₹0.00 Mil).


Mudra Financial Services Retained Earnings Historical Data

The historical data trend for Mudra Financial Services'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.

Mudra Financial Services Retained Earnings Chart

Mudra Financial Services Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.07 38.28 40.74 41.54 -

Mudra Financial Services Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 41.54 - - - -

Mudra Financial Services 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.


Mudra Financial Services  (BOM:539819) 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.


Mudra Financial Services (BOM:539819) Business Description

Traded in Other Exchanges
N/A
Address
Azad Road, Above Central Bank of India, 3rd Floor, B Wing, Vaastu Darshan, Andheri (East), Mumbai, MH, IND, 400069
Mudra Financial Services Ltd is an Indian-based non-banking financial company. It is engaged in the business of trading and investment in shares, granting of loans & advances to various segments of the industry, and other financial activities.

Mudra Financial Services (BOM:539819) Headlines

No Headlines