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Vantage Towers AG (Vantage Towers AG) Retained Earnings : $551 Mil (As of Mar. 2023)


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What is Vantage Towers AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vantage Towers AG's retained earnings for the quarter that ended in Mar. 2023 was $551 Mil.

Vantage Towers AG's quarterly retained earnings declined from Mar. 2022 ($396 Mil) to Sep. 2022 ($228 Mil) but then increased from Sep. 2022 ($228 Mil) to Mar. 2023 ($551 Mil).

Vantage Towers AG's annual retained earnings increased from Mar. 2021 ($188 Mil) to Mar. 2022 ($396 Mil) and increased from Mar. 2022 ($396 Mil) to Mar. 2023 ($551 Mil).


Vantage Towers AG Retained Earnings Historical Data

The historical data trend for Vantage Towers AG'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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Vantage Towers AG Retained Earnings Chart

Vantage Towers AG Annual Data
Trend Mar21 Mar22 Mar23
Retained Earnings
188.33 396.26 550.64

Vantage Towers AG Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23
Retained Earnings Get a 7-Day Free Trial 188.33 48.12 396.26 228.02 550.64

Vantage Towers AG 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.


Vantage Towers AG  (OTCPK:VTAGY) 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.


Vantage Towers AG (Vantage Towers AG) Business Description

Traded in Other Exchanges
Address
Prinzenallee 11-13, Dusseldorf, NW, DEU, 40549
Vantage is the tower arm of Vodafone, spun off in 2021. Vantage fully owns 45,000 towers in Germany, Spain, Greece, and other European countries. Vantage also owns stakes in Inwit (22,000 towers, Vantage owns 33% stake), the Italian tower operator resulting from the merger of Vodafone and Telecom Italia's towers in the region, and Cornerstone (14,000 towers, 50% stake) a tower joint venture in the U.K. with Telefonica.

Vantage Towers AG (Vantage Towers AG) Headlines

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