GURUFOCUS.COM » STOCK LIST » Technology » Software » Niks Technology Ltd (BOM:543282) » Definitions » Retained Earnings

Niks Technology (BOM:543282) Retained Earnings : ₹0.00 Mil (As of Sep. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Niks Technology Retained Earnings?

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

Niks Technology's quarterly retained earnings increased from Sep. 2022 (₹0.00 Mil) to Mar. 2023 (₹2.19 Mil) but then declined from Mar. 2023 (₹2.19 Mil) to Sep. 2023 (₹0.00 Mil).

Niks Technology's annual retained earnings increased from Mar. 2021 (₹-0.41 Mil) to Mar. 2022 (₹-0.40 Mil) and increased from Mar. 2022 (₹-0.40 Mil) to Mar. 2023 (₹2.19 Mil).


Niks Technology Retained Earnings Historical Data

The historical data trend for Niks Technology'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.

Niks Technology Retained Earnings Chart

Niks Technology Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -0.08 0.87 -0.41 -0.40 2.19

Niks Technology Semi-Annual Data
Mar18 Mar19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - -0.40 - 2.19 -

Niks Technology 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.


Niks Technology  (BOM:543282) 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.


Niks Technology (BOM:543282) Business Description

Traded in Other Exchanges
N/A
Address
Old Bypass Main Road, Flat No. 501, Shiv Laxmi Plaza, Opposite Rajendra Nagar Terminal, Kankarbagh, Patna, BR, IND, 800020
Niks Technology Ltd is an information technology solution service provider company. It offers a range of services such as cyber security, digital marketing, software development, website development, mobile app development, android app development, and classroom training and certification courses to students through offline and online routes.

Niks Technology (BOM:543282) Headlines

No Headlines