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Orient Telecoms (LSE:ORNT) Retained Earnings : £-0.43 Mil (As of Sep. 2023)


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What is Orient Telecoms Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Orient Telecoms's retained earnings for the quarter that ended in Sep. 2023 was £-0.43 Mil.

Orient Telecoms's quarterly retained earnings increased from Sep. 2022 (£-0.52 Mil) to Mar. 2023 (£-0.45 Mil) and increased from Mar. 2023 (£-0.45 Mil) to Sep. 2023 (£-0.43 Mil).

Orient Telecoms's annual retained earnings increased from Mar. 2021 (£-0.52 Mil) to Mar. 2022 (£-0.49 Mil) and increased from Mar. 2022 (£-0.49 Mil) to Mar. 2023 (£-0.45 Mil).


Orient Telecoms Retained Earnings Historical Data

The historical data trend for Orient Telecoms'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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Orient Telecoms Retained Earnings Chart

Orient Telecoms Annual Data
Trend Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial -0.59 -0.61 -0.52 -0.49 -0.45

Orient Telecoms Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.48 -0.49 -0.52 -0.45 -0.43

Orient Telecoms 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.


Orient Telecoms  (LSE:ORNT) 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.


Orient Telecoms (LSE:ORNT) Business Description

Traded in Other Exchanges
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Address
Jalan Stesen Sentral 5, Suite 2B-25-1, 25th Floor, Plaza Sentral, Block 2B, Kuala Lumpur, SGR, MYS, 50470
Orient Telecoms PLC is a company that provides telecommunication services using the network infrastructure owned by other network operators to enable cost-effective and rapid connectivity to large bandwidth consumers initially in Malaysia and subsequently within other Southeast Asian countries. It operates in a highly competitive and saturated market as the company is not involved in building its own network infrastructure which would require significant capital expenditure.

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