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Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Retained Earnings : $-5.90 Mil (As of Sep. 2023)


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What is Lytus Technologies Holdings Pvt Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Lytus Technologies Holdings Pvt's retained earnings for the quarter that ended in Sep. 2023 was $-5.90 Mil.

Lytus Technologies Holdings Pvt's quarterly retained earnings stayed the same from Sep. 2022 ($0.00 Mil) to Mar. 2023 ($0.00 Mil) but then declined from Mar. 2023 ($0.00 Mil) to Sep. 2023 ($-5.90 Mil).


Lytus Technologies Holdings Pvt Retained Earnings Historical Data

The historical data trend for Lytus Technologies Holdings Pvt'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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Lytus Technologies Holdings Pvt Retained Earnings Chart

Lytus Technologies Holdings Pvt Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
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Lytus Technologies Holdings Pvt Quarterly Data
Mar19 Mar20 Sep20 Dec20 Mar21 Sep21 Dec21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - - - -5.90

Lytus Technologies Holdings Pvt 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.


Lytus Technologies Holdings Pvt  (NAS:LYT) 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.


Lytus Technologies Holdings Pvt (Lytus Technologies Holdings Pvt) Business Description

Traded in Other Exchanges
N/A
Address
The Meydan Hotel, Nad Al Sheba, Business Center 1, M Floor, Dubai, ARE
Lytus Technologies Holdings Pvt Ltd is a platform services company primarily providing content streaming/telecasting services to users located all across India. Its scope of business also covers telemedicine services with local assistance through local Health Centers. Through its platform, the customers are well connected via customer premises equipment (CPE) devices/set-top boxes (STBs) and have access to multi-dimensional services including telemedicine service.

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