GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » GMO Internet group Inc (FRA:IQ3) » Definitions » Retained Earnings

GMO Internet group (FRA:IQ3) Retained Earnings : €301 Mil (As of Mar. 2024)


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

What is GMO Internet group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GMO Internet group's retained earnings for the quarter that ended in Mar. 2024 was €301 Mil.

GMO Internet group's quarterly retained earnings increased from Sep. 2023 (€277 Mil) to Dec. 2023 (€302 Mil) but then declined from Dec. 2023 (€302 Mil) to Mar. 2024 (€301 Mil).

GMO Internet group's annual retained earnings declined from Dec. 2021 (€278 Mil) to Dec. 2022 (€264 Mil) but then increased from Dec. 2022 (€264 Mil) to Dec. 2023 (€302 Mil).


GMO Internet group Retained Earnings Historical Data

The historical data trend for GMO Internet group'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.

GMO Internet group Retained Earnings Chart

GMO Internet group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 160.65 213.50 277.99 264.00 301.99

GMO Internet group 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 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 280.57 269.42 277.29 301.99 301.01

GMO Internet group 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.


GMO Internet group  (FRA:IQ3) 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.


GMO Internet group (FRA:IQ3) Business Description

Traded in Other Exchanges
Address
Cerulean Tower 4th-14th floors, 26-1 Sakuragaokacho, Shibuya ku, Tokyo, JPN
GMO Internet group Inc operates through four main segments, Internet infrastructure, Online advertising and media, Internet securities, and Cryptocurrency. Internet infrastructure, the largest segment, provides basic Internet services, such as domain hosting and e-commerce payments. Online advertising and media segment provides marketing services for online businesses. The Internet securities division provides consumer financial services, and the Cryptocurrency segment operates business pertaining to mining and exchange of cryptocurrency. The company generates the vast majority of revenue in Japan.

GMO Internet group (FRA:IQ3) Headlines

No Headlines