Career Point (NSE:CAREERP) Retained Earnings : ₹0 Mil (As of Mar. 2024)

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What is Career Point Retained Earnings?

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

Career Point's annual retained earnings increased from Mar. 2022 (₹2,729 Mil) to Mar. 2023 (₹2,812 Mil) but then declined from Mar. 2023 (₹2,812 Mil) to Mar. 2024 (₹0 Mil).

Career Point Retained Earnings Historical Data

The historical data trend for Career Point'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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Career Point Retained Earnings Chart

Career Point Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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2,532.42

2,512.48

2,728.91

2,812.07

Career Point 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															2,812.07	-	-	-	-

Career Point 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.

Career Point (NSE:CAREERP) 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.

Career Point (NSE:CAREERP) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Conglomerates » Career Point Ltd (NSE:CAREERP) » Definitions » Retained Earnings

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533260:India

Address

Road No. 1, CP Tower 1, IPIA, Kota, RJ, IND, 324005

Website

https://www.ecareerpoint.com

Career Point Ltd is an Indian based company which provides education and hostel services. The service line of the company consists of pre-school, school education, test preparation, higher education, e-learning, and vocational education. It also provides education consultancy and management services for the administration of the school. The operating segments of the group are Education and Related Activities Division; Financing (NBFC) Division; Infra Division and Other Segment. It derives key revenue from the Financing (NBFC) Division. The Company derives the larger share of its revenue from Kota in Rajasthan and Northern part of India.

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