Ricksoft Co (TSE:4429) Retained Earnings : 円2,002 Mil (As of Feb. 2024)

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What is Ricksoft Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ricksoft Co's retained earnings for the quarter that ended in Feb. 2024 was 円2,002 Mil.

Ricksoft Co's quarterly retained earnings increased from Aug. 2023 (円1,694 Mil) to Nov. 2023 (円1,825 Mil) and increased from Nov. 2023 (円1,825 Mil) to Feb. 2024 (円2,002 Mil).

Ricksoft Co's annual retained earnings increased from Feb. 2022 (円1,543 Mil) to Feb. 2023 (円1,733 Mil) and increased from Feb. 2023 (円1,733 Mil) to Feb. 2024 (円2,002 Mil).

Ricksoft Co Retained Earnings Historical Data

The historical data trend for Ricksoft Co'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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Ricksoft Co Retained Earnings Chart

Ricksoft Co Annual Data

Trend

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Retained Earnings

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770.42

1,216.16

1,543.10

1,732.58

2,001.60

Ricksoft Co Quarterly Data
	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24
Retained Earnings	Get a 7-Day Free Trial															1,732.58	1,835.50	1,693.61	1,824.67	2,001.60

Ricksoft Co 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.

Ricksoft Co (TSE:4429) 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.

Ricksoft Co (TSE:4429) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Ricksoft Co Ltd (TSE:4429) » Definitions » Retained Earnings

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Address

Otemachi Nomura Buolding 8th Floor, 2-1-1, Otemachi, Chiyoda-ku, Tokyo, JPN, 100-0004

Website

https://www.ricksoft.jp

Ricksoft Co Ltd offers software product implementation consulting, virtualization, implementation design, plugin development, and related services. The company provides WBS Gantt-Chart for JIRA, an add-on that offers visualizing project progress solutions for project management, issue management, and task status management.

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