Gleam Fabmat (BOM:542477) Retained Earnings : ₹0.00 Mil (As of Mar. 2024)

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What is Gleam Fabmat Retained Earnings?

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

Gleam Fabmat's quarterly retained earnings increased from Mar. 2023 (₹-2.39 Mil) to Sep. 2023 (₹0.00 Mil) but then stayed the same from Sep. 2023 (₹0.00 Mil) to Mar. 2024 (₹0.00 Mil).

Gleam Fabmat's annual retained earnings declined from Mar. 2022 (₹-1.80 Mil) to Mar. 2023 (₹-2.39 Mil) but then increased from Mar. 2023 (₹-2.39 Mil) to Mar. 2024 (₹0.00 Mil).

Gleam Fabmat Retained Earnings Historical Data

The historical data trend for Gleam Fabmat'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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Gleam Fabmat Retained Earnings Chart

Gleam Fabmat Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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-1.29

-1.68

-1.80

-2.39

Gleam Fabmat Semi-Annual Data
	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	Get a 7-Day Free Trial							-1.80	-	-2.39	-	-

Gleam Fabmat 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.

Gleam Fabmat (BOM:542477) 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.

Gleam Fabmat (BOM:542477) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Gleam Fabmat Ltd (BOM:542477) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Prahladnagar Trade Center Radio Mirchi Road, D-1209, Vejalpur, Ahmedabad, GJ, IND, 380051

Website

http://www.gflaluminum.in

Gleam Fabmat Ltd is engaged in two primary businesses Segment Trading in aluminum and allied metal products and Trading in textiles products Trading in aluminum and allied metal products have a major contribution towards total Revenue.

Gleam Fabmat (BOM:542477) Headlines

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