Goblin India (BOM:542850) Retained Earnings : ₹0.0 Mil (As of Sep. 2023)

View and export this data going back to 2019. Start your Free Trial

What is Goblin India Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goblin India's retained earnings for the quarter that ended in Sep. 2023 was ₹0.0 Mil.

Goblin India's quarterly retained earnings increased from Sep. 2022 (₹0.0 Mil) to Mar. 2023 (₹36.7 Mil) but then declined from Mar. 2023 (₹36.7 Mil) to Sep. 2023 (₹0.0 Mil).

Goblin India's annual retained earnings declined from Mar. 2021 (₹35.6 Mil) to Mar. 2022 (₹19.6 Mil) but then increased from Mar. 2022 (₹19.6 Mil) to Mar. 2023 (₹36.7 Mil).

Goblin India Retained Earnings Historical Data

The historical data trend for Goblin India'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.

Goblin India Retained Earnings Chart

Goblin India Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

Get a 7-Day Free Trial

58.66

55.10

35.60

19.62

36.70

Goblin India Semi-Annual Data
	Mar17	Mar18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial							149.09	19.62	-	36.70	-

Goblin India 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.

Goblin India (BOM:542850) 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.

Goblin India (BOM:542850) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Manufacturing - Apparel & Accessories » Goblin India Ltd (BOM:542850) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

Stadium Commercial Road, Camex House, 1st Floor, Navrangpura, Ahmedabad, GJ, IND, 380009

Website

http://www.goblinindia.com

Goblin India Ltd is engaged in manufacturing of traveling gear solutions. The company offers a variety of Travelling Gears including Hard Luggage, Soft Luggage and other accessories like wallets, purses, travel neck pillow. Geographically, operating in India. The company is operating only one business segment of trading in luggage bags, travel accessories and corporate gifts.

Goblin India (BOM:542850) Headlines

No Headlines