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Gilattellite Networks (Gilattellite Networks) Retained Earnings : $-660.3 Mil (As of Dec. 2023)


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What is Gilattellite Networks Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gilattellite Networks's retained earnings for the quarter that ended in Dec. 2023 was $-660.3 Mil.

Gilattellite Networks's quarterly retained earnings increased from Jun. 2023 ($-673.9 Mil) to Sep. 2023 ($-663.8 Mil) and increased from Sep. 2023 ($-663.8 Mil) to Dec. 2023 ($-660.3 Mil).

Gilattellite Networks's annual retained earnings declined from Dec. 2021 ($-677.9 Mil) to Dec. 2022 ($-683.8 Mil) but then increased from Dec. 2022 ($-683.8 Mil) to Dec. 2023 ($-660.3 Mil).


Gilattellite Networks Retained Earnings Historical Data

The historical data trend for Gilattellite Networks'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.

Gilattellite Networks Retained Earnings Chart

Gilattellite Networks 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 -671.36 -674.86 -677.90 -683.83 -660.32

Gilattellite Networks Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 -683.83 -678.25 -673.92 -663.77 -660.32

Gilattellite Networks 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.


Gilattellite Networks  (NAS:GILT) 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.


Gilattellite Networks (Gilattellite Networks) Business Description

Traded in Other Exchanges
Address
21 Yegia Kapayim Street, Gilat House, Kiryat Arye, Petah Tikva, ISR, 4913020
Gilat Satellite Networks Ltd is a provider of satellite-based broadband communications. The company designs and manufactures ground-based satellite communications equipment and provides comprehensive solutions and end-to-end services. Its portfolio includes a cloud-based satellite network platform, very small aperture terminals (VSATs), amplifiers, high-speed modems, on-the-move antennas and high-power solid-state power amplifiers (SSPAs), block up converters (BUCs) and Trancievers. The company's solutions support multiple applications with a full portfolio of products to address key applications including broadband access, cellular backhaul, enterprise, in-flight connectivity, maritime, trains, defense and public safety.

Gilattellite Networks (Gilattellite Networks) Headlines

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