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Medi Assist Healthcare Services (NSE:MEDIASSIST) Retained Earnings : ₹0 Mil (As of Mar. 2024)


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What is Medi Assist Healthcare Services Retained Earnings?

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

Medi Assist Healthcare Services's quarterly retained earnings increased from Mar. 2023 (₹2,748 Mil) to Sep. 2023 (₹2,832 Mil) but then declined from Sep. 2023 (₹2,832 Mil) to Mar. 2024 (₹0 Mil).

Medi Assist Healthcare Services's annual retained earnings increased from Mar. 2022 (₹2,261 Mil) to Mar. 2023 (₹2,748 Mil) but then declined from Mar. 2023 (₹2,748 Mil) to Mar. 2024 (₹0 Mil).


Medi Assist Healthcare Services Retained Earnings Historical Data

The historical data trend for Medi Assist Healthcare Services'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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Medi Assist Healthcare Services Retained Earnings Chart

Medi Assist Healthcare Services Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Retained Earnings
1,811.52 2,260.55 2,748.15 -

Medi Assist Healthcare Services Semi-Annual Data
Mar21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial 2,260.55 - 2,748.15 2,831.79 -

Medi Assist Healthcare Services 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.


Medi Assist Healthcare Services  (NSE:MEDIASSIST) 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.


Medi Assist Healthcare Services (NSE:MEDIASSIST) Business Description

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Medi Assist Healthcare Services Ltd is a HealthTech and InsurTech company focused on administering health benefits across employers, retail members, and public health schemes. Its clients are insurance companies and also serve as an intermediary between (a) general and health insurance companies and the insured members, (b) insurance companies and healthcare providers (such as hospitals), and (c) the Government and beneficiaries of public health schemes. The company derives income by providing health management services, software subscription, software license services, consultancy services and other allied services pertaining to healthcare and health insurance sector. It also offers business support services and other technical services.

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