GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Sangani Hospitals Ltd (NSE:SANGANI) » Definitions » Retained Earnings

Sangani Hospitals (NSE:SANGANI) Retained Earnings : ₹25.5 Mil (As of Mar. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Sangani Hospitals Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sangani Hospitals's retained earnings for the quarter that ended in Mar. 2023 was ₹25.5 Mil.

Sangani Hospitals's quarterly retained earnings increased from Mar. 2021 (₹0.0 Mil) to Mar. 2022 (₹10.7 Mil) and increased from Mar. 2022 (₹10.7 Mil) to Mar. 2023 (₹25.5 Mil).

Sangani Hospitals's annual retained earnings increased from Mar. 2021 (₹0.0 Mil) to Mar. 2022 (₹10.7 Mil) and increased from Mar. 2022 (₹10.7 Mil) to Mar. 2023 (₹25.5 Mil).


Sangani Hospitals Retained Earnings Historical Data

The historical data trend for Sangani Hospitals'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.

Sangani Hospitals Retained Earnings Chart

Sangani Hospitals Annual Data
Trend Mar20 Mar21 Mar22 Mar23
Retained Earnings
- - 10.68 25.55

Sangani Hospitals Semi-Annual Data
Mar20 Mar21 Mar22 Mar23
Retained Earnings - - 10.68 25.55

Sangani Hospitals 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.


Sangani Hospitals  (NSE:SANGANI) 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.


Sangani Hospitals (NSE:SANGANI) Business Description

Traded in Other Exchanges
N/A
Address
Sainath Society, Opp. S. T, Village Keshod, Junagadh, GJ, IND, 362220
Sangani Hospitals Ltd is a multi-specialty healthcare provider operating in the Keshod and Veraval regions of Gujarat with a combined bed capacity of 68 beds. Its services predominantly includes super specialty services, specialty services and other support services. It also operates a pathology laboratory and medical store. Currently, It operates out of two hospitals i.e. Sangani Hospital at Keshod, Junagadh, Gujarat and Sangani Super Speciality Hospital, Veraval, Gujarat. Sangani Hospital is 36 beds multi-specialty hospital with primary, secondary and tertiary care facilities.

Sangani Hospitals (NSE:SANGANI) Headlines

No Headlines