GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Nippon Paint Holdings Co Ltd (OTCPK:NPCPF) » Definitions » Retained Earnings

Nippon Paint Holdings Co (Nippon Paint Holdings Co) Retained Earnings : $2,344 Mil (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Nippon Paint Holdings Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nippon Paint Holdings Co's retained earnings for the quarter that ended in Mar. 2024 was $2,344 Mil.

Nippon Paint Holdings Co's quarterly retained earnings increased from Sep. 2023 ($2,212 Mil) to Dec. 2023 ($2,439 Mil) but then declined from Dec. 2023 ($2,439 Mil) to Mar. 2024 ($2,344 Mil).

Nippon Paint Holdings Co's annual retained earnings increased from Dec. 2021 ($2,003 Mil) to Dec. 2022 ($2,020 Mil) and increased from Dec. 2022 ($2,020 Mil) to Dec. 2023 ($2,439 Mil).


Nippon Paint Holdings Co Retained Earnings Historical Data

The historical data trend for Nippon Paint Holdings Co'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.

Nippon Paint Holdings Co Retained Earnings Chart

Nippon Paint Holdings Co Annual Data
Trend Mar14 Mar15 Mar16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,775.78 4,276.48 2,003.02 2,019.99 2,439.24

Nippon Paint Holdings Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2,121.86 2,257.18 2,211.63 2,439.24 2,344.02

Nippon Paint Holdings Co 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.


Nippon Paint Holdings Co  (OTCPK:NPCPF) 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.


Nippon Paint Holdings Co (Nippon Paint Holdings Co) Business Description

Traded in Other Exchanges
Address
2-1-2 Oyodo Kita, Kita-ku, Osaka, JPN, 531-8511
Nippon Paint Holdings Co Ltd is a holding company, which, through its subsidiaries, manufactures and sells a variety of paint and coating products. The firm organizes itself into four operating companies based on end market. The automotive paints division sells paint and temperature-control coatings that are used to cover the body of an automobile. The industrial-use paints division sells paints and coatings for trains and ships. The trade-use paints division sells paints and coatings that are used on buildings, bridges, and roads. The surface treatments division sells anti-corrosive and anti-rust coatings for metal products and electronics. The company organizes itself into three segments based on geography: Japan, Asia, and Americas. The majority of revenue comes from Japan.