Cellnex Telecom (Cellnex Telecom) Retained Earnings : $-42 Mil (As of Mar. 2024)

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What is Cellnex Telecom Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cellnex Telecom's retained earnings for the quarter that ended in Mar. 2024 was $-42 Mil.

Cellnex Telecom's quarterly retained earnings declined from Sep. 2023 ($-211 Mil) to Dec. 2023 ($-324 Mil) but then increased from Dec. 2023 ($-324 Mil) to Mar. 2024 ($-42 Mil).

Cellnex Telecom's annual retained earnings increased from Dec. 2021 ($-410 Mil) to Dec. 2022 ($-315 Mil) but then declined from Dec. 2022 ($-315 Mil) to Dec. 2023 ($-324 Mil).

Cellnex Telecom Retained Earnings Historical Data

The historical data trend for Cellnex Telecom'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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Cellnex Telecom Retained Earnings Chart

Cellnex Telecom Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-10.20

-164.75

-409.65

-314.68

-324.12

Cellnex Telecom 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															-97.43	-209.58	-211.31	-324.12	-42.39

Cellnex Telecom 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.

Cellnex Telecom (OTCPK:CLNXF) 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.

Cellnex Telecom (Cellnex Telecom) Business Description

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Address

Passeig Zona Franca, 105, Barcelona, ESP, 08038

Website

https://www.cellnextelecom.com

Cellnex owns and operates more than 100,000 wireless towers in Europe, resulting from continued M&A activity since its initial public offering in 2015. It has acquired towers from several European mobile network operators, including Telefonica, Iliad, CK Hutchison, Bouygues, and Altice. Cellnex is present in more than 10 European countries as of March 2023, including France, Italy, Spain, Poland, the United Kingdom, Switzerland, and Portugal. Cellnex's strategy is to acquire portfolios from MNOs and lease the towers back to them through long-term contracts, which provide high cash flow visibility and inflation protection.