GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Furnishings, Fixtures & Appliances » Milestone Furniture Ltd (BOM:541337) » Definitions » Retained Earnings

Milestone Furniture (BOM:541337) Retained Earnings : ₹0.00 Mil (As of Mar. 2023)


View and export this data going back to 2018. Start your Free Trial

What is Milestone Furniture Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Milestone Furniture's retained earnings for the quarter that ended in Mar. 2023 was ₹0.00 Mil.

Milestone Furniture's quarterly retained earnings increased from Mar. 2022 (₹-9.08 Mil) to Sep. 2022 (₹0.00 Mil) but then stayed the same from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹0.00 Mil).

Milestone Furniture's annual retained earnings declined from Mar. 2021 (₹6.22 Mil) to Mar. 2022 (₹-9.08 Mil) but then increased from Mar. 2022 (₹-9.08 Mil) to Mar. 2023 (₹0.00 Mil).


Milestone Furniture Retained Earnings Historical Data

The historical data trend for Milestone Furniture'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.

Milestone Furniture Retained Earnings Chart

Milestone Furniture 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 18.63 18.76 6.22 -9.08 -

Milestone Furniture Semi-Annual Data
Mar14 Mar15 Mar16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
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 6.22 - -9.08 - -

Milestone Furniture 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.


Milestone Furniture  (BOM:541337) 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.


Milestone Furniture (BOM:541337) Business Description

Traded in Other Exchanges
N/A
Address
Wada Manor Road, Survey No.147, House No. 271/1, Met Village, Opposite HP Petrol Pump, Palghar, Thane, MH, IND, 421312
Milestone Furniture Ltd is engaged in the field of the household furniture business. It manufactures home and office furniture and is also involved in home and office design. The product portfolio includes basic plastic chair/ plastic storage solution/ Dining Tables into all segments like bedroom, dining, living room, essentials and mattresses which are needed at different points during their aspirational home building journey. The company has also spread its product portfolio to serve the institutional segment especially in segments like office seating, desking, and storage solutions. The product assortment covers both the large institutions and small office/home office's needs.

Milestone Furniture (BOM:541337) Headlines

No Headlines