GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Jupiter Life Line Hospitals Ltd (NSE:JLHL) » Definitions » Retained Earnings

Jupiter Life Line Hospitals (NSE:JLHL) Retained Earnings : ₹0 Mil (As of Mar. 2024)


View and export this data going back to 2023. Start your Free Trial

What is Jupiter Life Line Hospitals Retained Earnings?

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

Jupiter Life Line Hospitals's annual retained earnings increased from Mar. 2021 (₹1,562 Mil) to Mar. 2022 (₹2,006 Mil) and increased from Mar. 2022 (₹2,006 Mil) to Mar. 2023 (₹2,283 Mil).


Jupiter Life Line Hospitals Retained Earnings Historical Data

The historical data trend for Jupiter Life Line Hospitals'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.

Jupiter Life Line Hospitals Retained Earnings Chart

Jupiter Life Line Hospitals Annual Data
Trend Mar21 Mar22 Mar23
Retained Earnings
1,562.36 2,005.59 2,283.18

Jupiter Life Line Hospitals Quarterly Data
Mar21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only 2,283.18 - - - -

Jupiter Life Line Hospitals 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.


Jupiter Life Line Hospitals  (NSE:JLHL) 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.


Jupiter Life Line Hospitals (NSE:JLHL) Business Description

Traded in Other Exchanges
Address
Eastern Express Highway, Service Rd, Next To Viviana Mall, Thane west, Thane, MH, IND, 400601
Jupiter Life Line Hospitals Ltd is a key multi-specialty tertiary and quaternary healthcare provider. The Company operates in one business and geographical segment which is healthcare services in India. The Hospital revenue comprises primarily of fees charged for inpatient and outpatient hospital services and other hospital services. Services include charges for accommodation, operation theatre, medical professional services, equipment, radiology, laboratory and pharmaceutical goods used.

Jupiter Life Line Hospitals (NSE:JLHL) Headlines

No Headlines