TomTom NV (TomTom NV) Retained Earnings : $0.0 Mil (As of Mar. 2024)

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What is TomTom NV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TomTom NV's retained earnings for the quarter that ended in Mar. 2024 was $0.0 Mil.

TomTom NV's quarterly retained earnings declined from Sep. 2023 ($0.0 Mil) to Dec. 2023 ($-224.3 Mil) but then increased from Dec. 2023 ($-224.3 Mil) to Mar. 2024 ($0.0 Mil).

TomTom NV's annual retained earnings declined from Dec. 2021 ($-158.5 Mil) to Dec. 2022 ($-219.6 Mil) and declined from Dec. 2022 ($-219.6 Mil) to Dec. 2023 ($-224.3 Mil).

TomTom NV Retained Earnings Historical Data

The historical data trend for TomTom NV'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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TomTom NV Retained Earnings Chart

TomTom NV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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133.63

-109.81

-158.53

-219.63

-224.26

TomTom NV Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-	-210.34	-	-224.26	-

TomTom NV 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.

TomTom NV (OTCPK:TMOAY) 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.

TomTom NV (TomTom NV) Business Description

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TMOAF:USA TOM2:Netherlands TOM2a:UK 0MKS:UK OEMA:Germany

Address

De Ruijterkade 154, Amsterdam, NLD, 1011 AC

Website

https://www.tomtom.com

TomTom NV is a software company specializing in Developing and selling navigation and location-based products and services, including maps, traffic, navigation software, and portable navigation devices. The company operates in two reporting segments; Location Technology and Consumer. The Location Technology Segment is engaged in developing and selling location-based application components such as maps, services, and navigation software to customers in different market segments. The Consumer segment generates revenue mainly from the sale of portable navigation devices and mobile applications. The majority of revenue is derived from Location Technology Segment.

TomTom NV (TomTom NV) Headlines

From GuruFocus

Q4 2023 TomTom NV Earnings Call Transcript

By GuruFocus Research • 02-05-2024