ACL Cables (COL:ACL.N0000) Retained Earnings : රු20,711 Mil (As of Dec. 2023)

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What is ACL Cables Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ACL Cables's retained earnings for the quarter that ended in Dec. 2023 was රු20,711 Mil.

ACL Cables's quarterly retained earnings increased from Jun. 2023 (රු19,028 Mil) to Sep. 2023 (රු19,777 Mil) and increased from Sep. 2023 (රු19,777 Mil) to Dec. 2023 (රු20,711 Mil).

ACL Cables's annual retained earnings increased from Mar. 2021 (රු8,920 Mil) to Mar. 2022 (රු13,071 Mil) and increased from Mar. 2022 (රු13,071 Mil) to Mar. 2023 (රු18,749 Mil).

ACL Cables Retained Earnings Historical Data

The historical data trend for ACL Cables'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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ACL Cables Retained Earnings Chart

ACL Cables Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Retained Earnings

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6,838.66

7,543.15

8,919.91

13,071.15

18,749.25

ACL Cables Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial															18,375.34	18,749.25	19,028.33	19,777.07	20,710.76

ACL Cables 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.

ACL Cables (COL:ACL.N0000) 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.

ACL Cables (COL:ACL.N0000) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » ACL Cables PLC (COL:ACL.N0000) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

No. 60, Rodney Street, Colombo, LKA, 08

Website

https://www.acl.lk

ACL Cables PLC is engaged in the manufacturing of cables and conductors. The company's operating segment includes Manufacturing cables; Manufacturing Polyvinyl chloride (PVC) compound and Others. It generates maximum revenue from the Manufacturing cables segment. Geographically, it derives a majority of revenue from Sri Lanka. Some of the products include building wires, control cables, service wires, telecommunication cables, auto cables, flexible cables, switches, sockets, fans, low voltage switch series, and others.

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