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Vodafone Group Retained Earnings

: $-141,733 Mil (As of Sep. 2020)
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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vodafone Group's retained earnings for the quarter that ended in Sep. 2020 was $-141,733 Mil.

Vodafone Group's quarterly retained earnings declined from Sep. 2019 ($-132,530 Mil) to Mar. 2020 ($-132,982 Mil) and declined from Mar. 2020 ($-132,982 Mil) to Sep. 2020 ($-141,733 Mil).

Vodafone Group's annual retained earnings declined from Mar. 2018 ($-131,560 Mil) to Mar. 2019 ($-131,893 Mil) and declined from Mar. 2019 ($-131,893 Mil) to Mar. 2020 ($-132,982 Mil).


Vodafone Group Retained Earnings Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Vodafone Group Annual Data
Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Retained Earnings Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -106,551.22 -113,209.63 -131,559.80 -131,892.66 -132,982.32

Vodafone Group Semi-Annual Data
Mar11 Sep11 Mar12 Sep12 Mar13 Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20
Retained Earnings 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 Premium Member Only Premium Member Only Premium Member Only -134,695.45 -131,892.66 -132,529.74 -132,982.32 -141,732.63

Vodafone 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.


Vodafone Group  (NAS:VOD) 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.


Vodafone Group Retained Earnings Headlines

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