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Resurgere Mines & Minerals India (NSE:RMMIL) Retained Earnings : ₹0.00 Mil (As of Mar. 2018)


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What is Resurgere Mines & Minerals India Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Resurgere Mines & Minerals India's retained earnings for the quarter that ended in Mar. 2018 was ₹0.00 Mil.

Resurgere Mines & Minerals India's quarterly retained earnings increased from Mar. 2016 (₹-1,995.08 Mil) to Mar. 2017 (₹0.00 Mil) but then stayed the same from Mar. 2017 (₹0.00 Mil) to Mar. 2018 (₹0.00 Mil).

Resurgere Mines & Minerals India's annual retained earnings increased from Mar. 2016 (₹-1,995.08 Mil) to Mar. 2017 (₹0.00 Mil) but then stayed the same from Mar. 2017 (₹0.00 Mil) to Mar. 2018 (₹0.00 Mil).


Resurgere Mines & Minerals India Retained Earnings Historical Data

The historical data trend for Resurgere Mines & Minerals India'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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Resurgere Mines & Minerals India Retained Earnings Chart

Resurgere Mines & Minerals India Annual Data
Trend Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -757.60 -1,413.22 -1,995.08 - -

Resurgere Mines & Minerals India Semi-Annual Data
Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -757.60 -1,413.22 -1,995.08 - -

Resurgere Mines & Minerals India 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.


Resurgere Mines & Minerals India  (NSE:RMMIL) 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.


Resurgere Mines & Minerals India (NSE:RMMIL) Business Description

Traded in Other Exchanges
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Address
15, Morvi House, 28/30, Goa Street, Ballard Estate, 1st Floor, Mumbai, MH, IND, 400038
Resurgere Mines & Minerals India Ltd is engaged in extraction, processing, and sale of iron ore, bauxite and soapstone products and exploration & development of mining assets. The company's products portfolio consists of Lump Ore, Size Ore, Calibrated Lump Ore, Iron Ore Fines, and Bauxite. It operates two mines contracts, Iron Ore mine situated at Satarda and Bauxite mine situated at Mahalmiriya. It owns two mines, Soapstone mine situated at Dhelana in the state of Rajasthan and Bauxite mine situated at Yelwan Jugai, Maharashtra. Majority of the revenue is derived from its only segment Mining & Trading of Minerals.

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