Current Motor (TSE:7690) Retained Earnings : 円775 Mil (As of Apr. 2024)

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What is Current Motor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Current Motor's retained earnings for the quarter that ended in Apr. 2024 was 円775 Mil.

Current Motor's quarterly retained earnings declined from Apr. 2023 (円739 Mil) to Oct. 2023 (円705 Mil) but then increased from Oct. 2023 (円705 Mil) to Apr. 2024 (円775 Mil).

Current Motor's annual retained earnings increased from Oct. 2021 (円513 Mil) to Oct. 2022 (円576 Mil) and increased from Oct. 2022 (円576 Mil) to Oct. 2023 (円705 Mil).

Current Motor Retained Earnings Historical Data

The historical data trend for Current Motor'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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Current Motor Retained Earnings Chart

Current Motor Annual Data

Trend

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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101.96

260.33

512.76

576.16

705.00

Current Motor Semi-Annual Data
	Oct18	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Retained Earnings	Get a 7-Day Free Trial						548.90	576.16	739.39	705.00	775.47

Current Motor 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.

Current Motor (TSE:7690) 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.

Current Motor (TSE:7690) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Current Motor Corp (TSE:7690) » Definitions » Retained Earnings

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Address

4-1-19 Utsukushigaoka, Aoba-ku, Kanagawa Prefecture, Yokohama-Shi, JPN, 225-0002

Website

https://www.currentmotor.co.jp

Current Motor Corp is engaged in sale and purchase of various car models. The company also provides repair and maintenance business and provide specialized parts for imported cars.

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