ASK Automotive (BOM:544022) Retained Earnings : ₹0 Mil (As of Dec. 2024)

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What is ASK Automotive Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ASK Automotive's retained earnings for the quarter that ended in Dec. 2024 was ₹0 Mil.

ASK Automotive's annual retained earnings increased from Mar. 2022 (₹5,901 Mil) to Mar. 2023 (₹6,020 Mil) and increased from Mar. 2023 (₹6,020 Mil) to Mar. 2024 (₹7,749 Mil).

ASK Automotive Retained Earnings Historical Data

The historical data trend for ASK Automotive'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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ASK Automotive Retained Earnings Chart

ASK Automotive Annual Data

Trend

Mar21

Mar22

Mar23

Mar24

Retained Earnings

5,804.15

5,900.98

6,019.59

7,749.25

ASK Automotive Quarterly Data
	Mar21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Retained Earnings	Get a 7-Day Free Trial							-	7,749.25	-	-	-

ASK Automotive 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.

ASK Automotive (BOM:544022) 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.

ASK Automotive Business Description

Industry

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ASKAUTOLTD:India

Address

Sector 5, IMT Manesar, Plot No - 13-14, Gurgaon, HR, IND, 122 050

Website

https://www.askbrake.com

ASK Automotive Ltd is a manufacturer of brake-shoe and advanced braking systems for two-wheelers in India. The product range of the company includes AB systems; aluminum lightweight precision, wheel assembly to 2W OEMs; and safety control cables The company operates in India as well as overseas.

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