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Star Flyer (TSE:9206) Retained Earnings : 円-5,392 Mil (As of Dec. 2023)


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What is Star Flyer Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Star Flyer's retained earnings for the quarter that ended in Dec. 2023 was 円-5,392 Mil.

Star Flyer's quarterly retained earnings increased from Jun. 2023 (円-7,404 Mil) to Sep. 2023 (円-6,781 Mil) and increased from Sep. 2023 (円-6,781 Mil) to Dec. 2023 (円-5,392 Mil).

Star Flyer's annual retained earnings declined from Mar. 2021 (円-4,331 Mil) to Mar. 2022 (円-5,583 Mil) but then increased from Mar. 2022 (円-5,583 Mil) to Mar. 2023 (円-5,510 Mil).


Star Flyer Retained Earnings Historical Data

The historical data trend for Star Flyer'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.

Star Flyer Retained Earnings Chart

Star Flyer Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6,165.00 5,736.00 -4,331.00 -5,583.00 -5,510.00

Star Flyer Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -6,419.00 -5,510.00 -7,404.00 -6,781.00 -5,392.00

Star Flyer 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.


Star Flyer  (TSE:9206) 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.


Star Flyer (TSE:9206) Business Description

Traded in Other Exchanges
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Address
6th Kitakyushu Airport, Kokura Minami-ku, Star Flyer Head Office Building, Fukuoka Prefecture, Kitakyushu-shi, JPN, 800-0306
Star Flyer Inc. operates as an airline carrier in the aviation industry. The company provides air transportation services for passengers, baggage, and cargo. Star Flyer also offers shuttle services between key Japanese cities.

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