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Raconteur Global Resources (BOM:541703) Retained Earnings : ₹0.00 Mil (As of Sep. 2023)


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What is Raconteur Global Resources Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Raconteur Global Resources's retained earnings for the quarter that ended in Sep. 2023 was ₹0.00 Mil.

Raconteur Global Resources's quarterly retained earnings declined from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹-41.98 Mil) but then increased from Mar. 2023 (₹-41.98 Mil) to Sep. 2023 (₹0.00 Mil).

Raconteur Global Resources's annual retained earnings declined from Mar. 2021 (₹-13.76 Mil) to Mar. 2022 (₹-20.52 Mil) and declined from Mar. 2022 (₹-20.52 Mil) to Mar. 2023 (₹-41.98 Mil).


Raconteur Global Resources Retained Earnings Historical Data

The historical data trend for Raconteur Global Resources'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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Raconteur Global Resources Retained Earnings Chart

Raconteur Global Resources Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
1.07 -5.00 -13.76 -20.52 -41.98

Raconteur Global Resources Semi-Annual Data
Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - -20.52 - -41.98 -

Raconteur Global Resources 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.


Raconteur Global Resources  (BOM:541703) 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.


Raconteur Global Resources (BOM:541703) Business Description

Traded in Other Exchanges
N/A
Address
Bhaudaji Road, Parshvanath Gardens, No. 503, 5th Floor, Plot-461D, A Wing, Kings Circle, Matunga, Mumbai, MH, IND, 400019
Raconteur Global Resources Ltd formerly Ganesh Films India Ltd is engaged in bridging the gap between the South Indian film Industry and South Indian movie fans in the Northern and Western regions of India. The company distributes regional films which include Tamil, Telugu, and Malayalam. The company derives its revenue from the sale of movie distribution rights from the theatres and commission income.

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