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Imi Co., (TSE:7503) Retained Earnings : 円10,142 Mil (As of Jun. 2013)


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What is Imi Co., Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Imi Co.,'s retained earnings for the quarter that ended in Jun. 2013 was 円10,142 Mil.

Imi Co.,'s quarterly retained earnings declined from Dec. 2012 (円11,181 Mil) to Mar. 2013 (円9,961 Mil) but then increased from Mar. 2013 (円9,961 Mil) to Jun. 2013 (円10,142 Mil).

Imi Co.,'s annual retained earnings increased from Dec. 2010 (円9,710 Mil) to Dec. 2011 (円10,402 Mil) and increased from Dec. 2011 (円10,402 Mil) to Dec. 2012 (円11,181 Mil).


Imi Co., Retained Earnings Historical Data

The historical data trend for Imi 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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Imi Co., Retained Earnings Chart

Imi Co., Annual Data
Trend Dec09 Dec10 Dec11 Dec12
Retained Earnings
9,113.24 9,710.11 10,401.96 11,181.43

Imi Co., Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 9,474.93 9,686.17 11,181.43 9,961.32 10,142.19

Imi 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.


Imi Co.,  (TSE:7503) 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.


Imi Co., (TSE:7503) Business Description

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Imi Co., Ltd., is engaged in import, sale, maintenance & rental of medical equipment such as lung ventilators & accessories, homecare ventilators, anesthesia machines, among others and also provides medical education & training equipment.

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