Cosmic CRF (BOM:543928) Retained Earnings : ₹0 Mil (As of Mar. 2024)

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What is Cosmic CRF Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cosmic CRF's retained earnings for the quarter that ended in Mar. 2024 was ₹0 Mil.

Cosmic CRF's quarterly retained earnings declined from Mar. 2023 (₹63 Mil) to Sep. 2023 (₹0 Mil) but then stayed the same from Sep. 2023 (₹0 Mil) to Mar. 2024 (₹0 Mil).

Cosmic CRF's annual retained earnings increased from Mar. 2022 (₹-1 Mil) to Mar. 2023 (₹63 Mil) but then declined from Mar. 2023 (₹63 Mil) to Mar. 2024 (₹0 Mil).

Cosmic CRF Retained Earnings Historical Data

The historical data trend for Cosmic CRF'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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Cosmic CRF Retained Earnings Chart

Cosmic CRF Annual Data

Trend

Mar22

Mar23

Mar24

Retained Earnings

-1.18

62.94

Cosmic CRF Semi-Annual Data
	Mar22	Sep22	Mar23	Sep23	Mar24
Retained Earnings	-1.18	-	62.94	-	-

Cosmic CRF 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.

Cosmic CRF (BOM:543928) 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.

Cosmic CRF (BOM:543928) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Transportation » Cosmic CRF Ltd (BOM:543928) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

19, Monohar Pukur Road, Kolkata, WB, IND, 700 029

Website

https://www.cosmiccrf.com

Cosmic CRF Ltd engages in the manufacture and trade of railway components, cold rolled formed sections, forged items, non-forged items, steel plates and coils, tubes, and any other allied components and products for the railways, wagons locomotives, bogies, automobiles, passenger coaches, metro rail, and defense equipment.

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