Garden Stage (Garden Stage) Retained Earnings : $-0.83 Mil (As of Sep. 2023)

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What is Garden Stage Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Garden Stage's retained earnings for the quarter that ended in Sep. 2023 was $-0.83 Mil.

Garden Stage's quarterly retained earnings increased from Sep. 2022 ($-0.44 Mil) to Mar. 2023 ($-0.08 Mil) but then declined from Mar. 2023 ($-0.08 Mil) to Sep. 2023 ($-0.83 Mil).

Garden Stage's annual retained earnings declined from Mar. 2021 ($0.64 Mil) to Mar. 2022 ($0.13 Mil) and declined from Mar. 2022 ($0.13 Mil) to Mar. 2023 ($-0.08 Mil).

Garden Stage Retained Earnings Historical Data

The historical data trend for Garden Stage'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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Garden Stage Retained Earnings Chart

Garden Stage Annual Data

Trend

Mar21

Mar22

Mar23

Retained Earnings

0.64

0.13

-0.08

Garden Stage Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Retained Earnings	Get a 7-Day Free Trial			-	0.13	-0.44	-0.08	-0.83

Garden Stage 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.

Garden Stage (NAS:GSIW) 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.

Garden Stage (Garden Stage) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Garden Stage Ltd (NAS:GSIW) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

141 Des Voeux Road Central, Room 201, 2/F, China Insurance Group Building, Hong Kong, HKG

Website

https://www.iwinsec.com

Garden Stage Ltd is a Hong Kong-based financial services provider principally engaged in the provision of placing and underwriting services; securities dealing and brokerage services; and asset management services. Its business is carried out through its wholly owned Operating Subsidiaries: a) I Win Securities, which is licensed to conduct Type 1 (dealing in securities) regulated activities under the SFO in Hong Kong, and b) I Win Asset Management, which is licensed to conduct Type 4 (advising on securities) and Type 9 (asset management) regulated activities under the SFO in Hong Kong.