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Keisei Electric Railway Co (Keisei Electric Railway Co) Retained Earnings : $2,553 Mil (As of Dec. 2023)


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What is Keisei Electric Railway Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Keisei Electric Railway Co's retained earnings for the quarter that ended in Dec. 2023 was $2,553 Mil.

Keisei Electric Railway Co's quarterly retained earnings declined from Jun. 2023 ($2,437 Mil) to Sep. 2023 ($2,401 Mil) but then increased from Sep. 2023 ($2,401 Mil) to Dec. 2023 ($2,553 Mil).

Keisei Electric Railway Co's annual retained earnings declined from Mar. 2022 ($2,613 Mil) to Mar. 2023 ($2,512 Mil) but then increased from Mar. 2023 ($2,512 Mil) to Mar. 2024 ($2,799 Mil).


Keisei Electric Railway Co Retained Earnings Historical Data

The historical data trend for Keisei Electric Railway 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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Keisei Electric Railway Co Retained Earnings Chart

Keisei Electric Railway Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,255.92 2,924.58 2,613.00 2,512.19 2,798.78

Keisei Electric Railway Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2,512.19 2,436.86 2,400.76 2,553.39 2,798.78

Keisei Electric Railway 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.


Keisei Electric Railway Co  (OTCPK:KELRF) 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.


Keisei Electric Railway Co (Keisei Electric Railway Co) Business Description

Traded in Other Exchanges
Address
3-1-8 Yahata 3-chome, Ichikawa, Chiba, JPN, 272-8510
Keisei Electric Railway is a Japanese company that operates railways in Japan. The company's three largest segments are transportation, distribution, and real estate management. The transportation segment offers passenger transportation services by rail, bus and taxi, and it contributes the majority of revenue. The distribution segment is engaged in operating department stores, shopping centers, and other retail stores. The company derives revenue from real estate activities such as leasing and selling its properties. It also generates additional revenue from activities ranging from real estate construction, operation of restaurants, hotels and leisure sites to car maintenance services.

Keisei Electric Railway Co (Keisei Electric Railway Co) Headlines

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