GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » magicJack VocalTec Ltd (NAS:CALL) » Definitions » Retained Earnings

magicJack VocalTec (magicJack VocalTec) Retained Earnings : $38.74 Mil (As of Sep. 2018)


View and export this data going back to 1996. Start your Free Trial

What is magicJack VocalTec Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. magicJack VocalTec's retained earnings for the quarter that ended in Sep. 2018 was $38.74 Mil.

magicJack VocalTec's quarterly retained earnings increased from Mar. 2018 ($31.46 Mil) to Jun. 2018 ($35.55 Mil) and increased from Jun. 2018 ($35.55 Mil) to Sep. 2018 ($38.74 Mil).

magicJack VocalTec's annual retained earnings increased from Dec. 2015 ($48.09 Mil) to Dec. 2016 ($53.79 Mil) but then declined from Dec. 2016 ($53.79 Mil) to Dec. 2017 ($28.82 Mil).


magicJack VocalTec Retained Earnings Historical Data

The historical data trend for magicJack VocalTec'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.

magicJack VocalTec Retained Earnings Chart

magicJack VocalTec Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.80 34.58 48.09 53.79 28.82

magicJack VocalTec Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18
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 31.57 28.82 31.46 35.55 38.74

magicJack VocalTec 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.


magicJack VocalTec  (NAS:CALL) 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.


magicJack VocalTec (magicJack VocalTec) Business Description

Traded in Other Exchanges
N/A
Address
magicJack VocalTec Ltd is a cloud communications company. It provides VoIP services including magicJack, magicJack Go and MagicJack Plus. The company owns the United States Wireline-based Telecom company in terms of home phone numbers available and certifications. It also owns softphone, session border controller, app server and chip companies. The company also provides Unified Communication as a Service (UCaaS) for medium-to-large multi-location enterprise customers, through its Broadsmart division.
Executives
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
B. Riley Financial, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
B. Riley Securities, Inc. 10 percent owner 11100 SANTA MONICA BLVD, SUITE 800, LOS ANGELES CA 90025
Bell Don Carlos Iii director, officer: President and CEO 3713 SOUTHWESTERN BLVD, DALLAS TX 75225
Jose Gordo officer: Chief Financial Officer C/O YMAX CORPORATION, 5700 GEORGIA AVENUE, WEST PALM BEACH FL 33405
Adams Street Partners Llc 10 percent owner ONE NORTH WACKER DRIVE, STE 2700, CHICAGO IL 60606-2807

magicJack VocalTec (magicJack VocalTec) Headlines

From GuruFocus

Why MagicJack is a Magic Formula Value Trap

By Jae Jun Jae Jun 06-01-2015

Deep Value Investing With magicJack

By Holmes Osborne, CFA Holmes Osborne, CFA 12-15-2016

4 Cash Gushing, Undervalued Small Cap Stocks With Zero Debt

By Magic Diligence Magic Diligence 04-08-2014

Weekly CEO Sells Highlight: CALL, TXRH, KNX, HPY

By GuruFocus GuruFocus 05-22-2012

magicJack's Bag of Tricks

By Barel Karsan Barel Karsan 08-12-2014

Home Phones Are Dead: Meet the New Player

By Ross Givens Ross Givens 06-20-2014