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Namo eWaste Management (NSE:NAMOEWASTE) Retained Earnings : ₹0 Mil (As of Sep. 2024)


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What is Namo eWaste Management Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Namo eWaste Management's retained earnings for the quarter that ended in Sep. 2024 was ₹0 Mil.

Namo eWaste Management's quarterly retained earnings increased from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹162 Mil) but then declined from Mar. 2024 (₹162 Mil) to Sep. 2024 (₹0 Mil).

Namo eWaste Management's annual retained earnings increased from Mar. 2022 (₹67 Mil) to Mar. 2023 (₹91 Mil) and increased from Mar. 2023 (₹91 Mil) to Mar. 2024 (₹162 Mil).


Namo eWaste Management Retained Earnings Historical Data

The historical data trend for Namo eWaste Management'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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Namo eWaste Management Retained Earnings Chart

Namo eWaste Management Annual Data
Trend Mar22 Mar23 Mar24
Retained Earnings
66.77 90.52 161.67

Namo eWaste Management Semi-Annual Data
Mar22 Mar23 Sep23 Mar24 Sep24
Retained Earnings 66.77 90.52 - 161.67 -

Namo eWaste Management 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.


Namo eWaste Management  (NSE:NAMOEWASTE) 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.


Namo eWaste Management Business Description

Traded in Other Exchanges
N/A
Address
14/1, Main Mathura Road, Faridabad, HR, IND, 121003
Namo eWaste Management Ltd is an E-Waste collection, disposal and recycling company that offers comprehensive services for recycling of electrical and electronic equipment (EEE) waste like Air Conditioners, refrigerators, Laptop, Phones, Washing Machines, Fans, etc. It is committed towards managing large volumes of electrical and electronic equipment waste and is able to extract all of the components of an electrical item including precious and semi-precious metals like Copper, Aluminium, Iron, etc.

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