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Rex Pipes and Cables Industries (NSE:REXPIPES) Retained Earnings : ₹0 Mil (As of Mar. 2024)


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What is Rex Pipes and Cables Industries Retained Earnings?

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


Rex Pipes and Cables Industries Retained Earnings Historical Data

The historical data trend for Rex Pipes and Cables Industries'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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Rex Pipes and Cables Industries Retained Earnings Chart

Rex Pipes and Cables Industries Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial 42.15 - - - -

Rex Pipes and Cables Industries Semi-Annual Data
Mar18 Mar19 Mar20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -

Rex Pipes and Cables Industries 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.


Rex Pipes and Cables Industries  (NSE:REXPIPES) 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.


Rex Pipes and Cables Industries (NSE:REXPIPES) Business Description

Traded in Other Exchanges
N/A
Address
F-69A, RIICO Industrial Area, Sikar, RJ, IND, 332 001
Rex Pipes and Cables Industries Ltd is engaged in the trading and manufacturing of PVC pipes, HDPE pipes, cables, and fittings under the Rex brand name. It offers a wide range of products including three-core flat cables, PVC & HDPE pipes, single-core flexible home wire, HDPE and sprinklers, and cables that are used by different industries such as agriculture, power, construction, and engineering.

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