Glu Mobile (LTS:0QZL) Retained Earnings : $-411.2 Mil (As of Dec. 2020)

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What is Glu Mobile Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Glu Mobile's retained earnings for the quarter that ended in Dec. 2020 was $-411.2 Mil.

Glu Mobile's quarterly retained earnings increased from Jun. 2020 ($-448.5 Mil) to Sep. 2020 ($-435.0 Mil) and increased from Sep. 2020 ($-435.0 Mil) to Dec. 2020 ($-411.2 Mil).

Glu Mobile's annual retained earnings increased from Dec. 2018 ($-440.5 Mil) to Dec. 2019 ($-431.6 Mil) and increased from Dec. 2019 ($-431.6 Mil) to Dec. 2020 ($-411.2 Mil).

Glu Mobile Retained Earnings Historical Data

The historical data trend for Glu Mobile'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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Glu Mobile Retained Earnings Chart

Glu Mobile Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Retained Earnings

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-338.69

-436.11

-440.48

-431.61

-411.17

Glu Mobile Quarterly Data
	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20
Retained Earnings	Get a 7-Day Free Trial															-431.61	-439.89	-448.45	-435.05	-411.17

Glu Mobile 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.

Glu Mobile (LTS:0QZL) 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.

Glu Mobile (LTS:0QZL) Business Description

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Address

875 Howard Street, Suite 100, San Francisco, CA, USA, 94103

Website

https://www.glu.com

Glu Mobile Inc is a U.S.-based company that develops and markets games appealing to a broad group of users of smartphones and tablet devices. These games are accessible through direct-to-consumer digital store fronts like the Apple App Store, Google Play Store, and Amazon Appstore. The firm generates revenue through in-app purchases and in-game advertising.

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