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Starbox Group Holdings (Starbox Group Holdings) Retained Earnings : $8.87 Mil (As of Sep. 2023)


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What is Starbox Group Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Starbox Group Holdings's retained earnings for the quarter that ended in Sep. 2023 was $8.87 Mil.

Starbox Group Holdings's quarterly retained earnings increased from Sep. 2022 ($4.69 Mil) to Mar. 2023 ($6.05 Mil) and increased from Mar. 2023 ($6.05 Mil) to Sep. 2023 ($8.87 Mil).

Starbox Group Holdings's annual retained earnings increased from Sep. 2021 ($1.08 Mil) to Sep. 2022 ($4.69 Mil) and increased from Sep. 2022 ($4.69 Mil) to Sep. 2023 ($8.87 Mil).


Starbox Group Holdings Retained Earnings Historical Data

The historical data trend for Starbox Group Holdings'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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Starbox Group Holdings Retained Earnings Chart

Starbox Group Holdings Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Retained Earnings
-0.37 1.08 4.69 8.87

Starbox Group Holdings Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial 1.08 2.34 4.69 6.05 8.87

Starbox Group Holdings 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.


Starbox Group Holdings  (NAS:STBX) 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.


Starbox Group Holdings (Starbox Group Holdings) Business Description

Traded in Other Exchanges
N/A
Address
VO2-03-07, Velocity Office 2, Lingkaran SV, Sunway Velocity, Kuala Lumpur, SGR, MYS, 55100
Starbox Group Holdings Ltd engages in developing cash rebate, digital advertising, and payment solution business ecosystem targeting micro, small, and medium enterprises. Through the firm's subsidiaries in Malaysia, it connects retail merchants with retail shoppers to facilitate transactions through cash rebates offered by retail merchants, provide digital advertising services to advertisers, and provide payment solution services to merchants. Substantially all of our current operations are located in Malaysia. It operates in three segments: digital advertising services, cash rebate services, and payment solution services.

Starbox Group Holdings (Starbox Group Holdings) Headlines

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