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Marco Cables and Conductors (NSE:MARCO) Retained Earnings : ₹23.2 Mil (As of Mar. 2024)


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What is Marco Cables and Conductors Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Marco Cables and Conductors's retained earnings for the quarter that ended in Mar. 2024 was ₹23.2 Mil.

Marco Cables and Conductors's quarterly retained earnings increased from Mar. 2022 (₹65.5 Mil) to Mar. 2023 (₹115.1 Mil) but then declined from Mar. 2023 (₹115.1 Mil) to Mar. 2024 (₹23.2 Mil).

Marco Cables and Conductors's annual retained earnings increased from Mar. 2022 (₹65.5 Mil) to Mar. 2023 (₹115.1 Mil) but then declined from Mar. 2023 (₹115.1 Mil) to Mar. 2024 (₹23.2 Mil).


Marco Cables and Conductors Retained Earnings Historical Data

The historical data trend for Marco Cables and Conductors'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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Marco Cables and Conductors Retained Earnings Chart

Marco Cables and Conductors Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
62.18 65.53 115.09 23.22

Marco Cables and Conductors Semi-Annual Data
Mar21 Mar22 Mar23 Mar24
Retained Earnings 62.18 65.53 115.09 23.22

Marco Cables and Conductors 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.


Marco Cables and Conductors  (NSE:MARCO) 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.


Marco Cables and Conductors Business Description

Traded in Other Exchanges
N/A
Address
Main Road, Shop No 100, Opposite Bhai Gangaram Market, Ulhasnagar, Thane, MH, IND, 421005
Marco Cables and Conductors Ltd is engaged in the business of manufacturing and selling wires, cables wires and conductors in India. The company commenced its operations with the manufacturing of wires (with aluminium/copper conductor), LT XLPE cables, LT PVC cables, and LT Aerial Bunched Cables, including AAAC (All Aluminium Alloy Conductor) and ACSR (Aluminium Conductor Steel Reinforced) Conductors. Geographically the company operates in India only. The company generates all of its revenue from the sale of finished products.

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