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Supreme Petrochem (BOM:500405) Retained Earnings : ₹0 Mil (As of Mar. 2024)


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What is Supreme Petrochem Retained Earnings?

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

Supreme Petrochem's annual retained earnings increased from Mar. 2022 (₹2,650 Mil) to Mar. 2023 (₹3,439 Mil) but then declined from Mar. 2023 (₹3,439 Mil) to Mar. 2024 (₹0 Mil).


Supreme Petrochem Retained Earnings Historical Data

The historical data trend for Supreme Petrochem'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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Supreme Petrochem Retained Earnings Chart

Supreme Petrochem Annual Data
Trend Jun14 Jun15 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 670.10 2,068.94 2,650.24 3,439.25 -

Supreme Petrochem Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 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 - 3,439.25 - - -

Supreme Petrochem 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.


Supreme Petrochem  (BOM:500405) 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.


Supreme Petrochem (BOM:500405) Business Description

Traded in Other Exchanges
Address
Andheri-Ghatkopar Link Road, Solitaire Corporate Park, Building No. 11, 5th Floor, 167, Guru Hargovindji Marg, Chakala, Andheri (East), Mumbai, MH, IND, 400093
Supreme Petrochem Ltd manufactures and trades in petrochemicals. The company owns production facilities at Raigad, Maharashtra and in Chennai, Tamil Nadu. Its product portfolio consists of general-purpose polystyrene, specialty polystyrene, masterbatches, high impact polystyrene, FR high impact polystyrene, toughened polystyrene, and extruded polystyrene foam boards.

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