GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » The Mauritius Development Investment Trust Co Ltd (XMAU:MDIT) » Definitions » Retained Earnings

The Mauritius Development Investment Trust Co (XMAU:MDIT) Retained Earnings : MUR0.00 Mil (As of Dec. 2024)


View and export this data going back to . Start your Free Trial

What is The Mauritius Development Investment Trust Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. The Mauritius Development Investment Trust Co's retained earnings for the quarter that ended in Dec. 2024 was MUR0.00 Mil.

The Mauritius Development Investment Trust Co's quarterly retained earnings declined from Jun. 2024 (MUR1,007.68 Mil) to Sep. 2024 (MUR0.00 Mil) but then stayed the same from Sep. 2024 (MUR0.00 Mil) to Dec. 2024 (MUR0.00 Mil).

The Mauritius Development Investment Trust Co's annual retained earnings declined from Jun. 2022 (MUR1,051.48 Mil) to Jun. 2023 (MUR867.72 Mil) but then increased from Jun. 2023 (MUR867.72 Mil) to Jun. 2024 (MUR1,007.68 Mil).


The Mauritius Development Investment Trust Co Retained Earnings Historical Data

The historical data trend for The Mauritius Development Investment Trust 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.

* Premium members only.

The Mauritius Development Investment Trust Co Retained Earnings Chart

The Mauritius Development Investment Trust Co Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 731.95 976.98 1,051.48 867.72 1,007.68

The Mauritius Development Investment Trust Co Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
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 - - 1,007.68 - -

The Mauritius Development Investment Trust 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.


The Mauritius Development Investment Trust Co  (XMAU:MDIT) 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.


The Mauritius Development Investment Trust Co Business Description

Traded in Other Exchanges
N/A
Address
206 The Catalyst, 40 Silicon Avenue, Ebene, MUS, 72201
The Mauritius Development Investment Trust Co Ltd is an investment trust and a closed-end fund. Its investment objective is to secure for investors the benefits of a good dividend yield as well as long-term capital growth. The company is organized into one main operating segment, which invests in quoted and unquoted securities both on the local and overseas market. The company operates in Mauritius, Europe, United Kingdom, United States, Asia and South Africa, out of which it derives maximum revenue from Mauritius.

The Mauritius Development Investment Trust Co Headlines

No Headlines