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Synoptics Technologies (NSE:SYNOPTICS) Retained Earnings : ₹117.7 Mil (As of Mar. 2022)


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What is Synoptics Technologies Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Synoptics Technologies's retained earnings for the quarter that ended in Mar. 2022 was ₹117.7 Mil.

Synoptics Technologies's quarterly retained earnings increased from Mar. 2020 (₹50.8 Mil) to Mar. 2021 (₹74.4 Mil) and increased from Mar. 2021 (₹74.4 Mil) to Mar. 2022 (₹117.7 Mil).

Synoptics Technologies's annual retained earnings increased from Mar. 2020 (₹50.8 Mil) to Mar. 2021 (₹74.4 Mil) and increased from Mar. 2021 (₹74.4 Mil) to Mar. 2022 (₹117.7 Mil).


Synoptics Technologies Retained Earnings Historical Data

The historical data trend for Synoptics Technologies'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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Synoptics Technologies Retained Earnings Chart

Synoptics Technologies Annual Data
Trend Mar20 Mar21 Mar22
Retained Earnings
50.85 74.45 117.69

Synoptics Technologies Semi-Annual Data
Mar20 Mar21 Mar22
Retained Earnings 50.85 74.45 117.69

Synoptics Technologies 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.


Synoptics Technologies  (NSE:SYNOPTICS) 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.


Synoptics Technologies (NSE:SYNOPTICS) Business Description

Traded in Other Exchanges
N/A
Address
301, A-Wing, 3rd Floor, Interface 16, Mindspace, Malad (West), Mumbai, MH, IND, 400064
Synoptics Technologies Ltd is an IT Services company offering solutions in the areas of IT Infrastructure like connectivity to the Branches, Supply, implementation and support of the network equipment needed to run the IT setup like routers, switches, etc. The company designs the solution for customers who need to put their applications on Cloud. It helps with the application migration and manages the setup in the cloud. It aims to reduce the Total Cost of Ownership (TCO) and increase Return on Investment (RoI) for its customers to adopt any kind of Digital Transformation use case with its technology-led and innovation-driven approach.

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