Goldstar Power (NSE:GOLDSTAR) Retained Earnings : ₹41.2 Mil (As of Mar. 2024)

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What is Goldstar Power Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Goldstar Power's retained earnings for the quarter that ended in Mar. 2024 was ₹41.2 Mil.

Goldstar Power's quarterly retained earnings declined from Mar. 2022 (₹53.7 Mil) to Mar. 2023 (₹48.9 Mil) and declined from Mar. 2023 (₹48.9 Mil) to Mar. 2024 (₹41.2 Mil).

Goldstar Power's annual retained earnings declined from Mar. 2022 (₹53.7 Mil) to Mar. 2023 (₹48.9 Mil) and declined from Mar. 2023 (₹48.9 Mil) to Mar. 2024 (₹41.2 Mil).

Goldstar Power Retained Earnings Historical Data

The historical data trend for Goldstar Power'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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Goldstar Power Retained Earnings Chart

Goldstar Power Annual Data

Trend

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Mar24

Retained Earnings

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45.88

46.66

53.73

48.90

41.21

Goldstar Power Semi-Annual Data
	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23	Mar24
Retained Earnings	Get a 7-Day Free Trial							45.88	46.66	53.73	48.90	41.21

Goldstar Power 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.

Goldstar Power (NSE:GOLDSTAR) 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.

Goldstar Power Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Goldstar Power Ltd (NSE:GOLDSTAR) » Definitions » Retained Earnings

Traded in Other Exchanges

N/A

Address

Rajkot Highway, Behind Ravi Petrol Pump, At & Post Hapa, Jamanagar, GJ, IND, 361120

Website

https://www.goldstarpower.com

Goldstar Power Ltd is a battery manufacturing Company. It sells its products under brand GOLDSTAR that includes Fully Automotive Batteries for Car, Tractor and Heavy Duty Trucks, Tubular Batteries for E-Rickshaw, SMF-VRLA Batteries for UPS Application, Motorcycle Batteries, Solar Batteries, Pure Lead and Alloy. The company has two reportable segments: Manufacturing of Battery, Lead Alloy and Trading of Inverter, Chemicals & other battery related equipment. Key revenue is generated from Manufacturing of Battery, Lead Alloy segment.

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