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Canare Electric Co (TSE:5819) Retained Earnings : 円14,182 Mil (As of Dec. 2023)


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What is Canare Electric Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Canare Electric Co's retained earnings for the quarter that ended in Dec. 2023 was 円14,182 Mil.

Canare Electric Co's quarterly retained earnings increased from Jun. 2023 (円13,669 Mil) to Sep. 2023 (円13,842 Mil) and increased from Sep. 2023 (円13,842 Mil) to Dec. 2023 (円14,182 Mil).

Canare Electric Co's annual retained earnings increased from Dec. 2021 (円12,632 Mil) to Dec. 2022 (円13,285 Mil) and increased from Dec. 2022 (円13,285 Mil) to Dec. 2023 (円14,182 Mil).


Canare Electric Co Retained Earnings Historical Data

The historical data trend for Canare Electric 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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Canare Electric Co Retained Earnings Chart

Canare Electric Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11,716.95 12,139.93 12,632.38 13,285.33 14,182.37

Canare Electric Co Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13,285.33 13,509.87 13,669.12 13,842.26 14,182.37

Canare Electric 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.


Canare Electric Co  (TSE:5819) 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.


Canare Electric Co (TSE:5819) Business Description

Traded in Other Exchanges
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Address
2-4-1 Shiba-Koen, B-13th Floor, Shiba Park Building, Minato-ku, Tokyo, JPN, 105-0011
Canare Electric Co Ltd develops, manufactures, and sells audio and video cables, connectors, patchbays, assemblies, converters and related products, and fiber-optic products. Its products include video jacks, crimp plugs, coaxial cable strippers, receptacles, and adapters. It serves television broadcasting, and professional audio and video industries.

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