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VeriFone Systems (VeriFone Systems) Retained Earnings : $-851 Mil (As of Apr. 2018)


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What is VeriFone Systems Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VeriFone Systems's retained earnings for the quarter that ended in Apr. 2018 was $-851 Mil.

VeriFone Systems's quarterly retained earnings declined from Oct. 2017 ($-792 Mil) to Jan. 2018 ($-834 Mil) and declined from Jan. 2018 ($-834 Mil) to Apr. 2018 ($-851 Mil).

VeriFone Systems's annual retained earnings declined from Oct. 2015 ($-536 Mil) to Oct. 2016 ($-618 Mil) and declined from Oct. 2016 ($-618 Mil) to Oct. 2017 ($-792 Mil).


VeriFone Systems Retained Earnings Historical Data

The historical data trend for VeriFone Systems'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.

VeriFone Systems Retained Earnings Chart

VeriFone Systems Annual Data
Trend Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Oct17
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -500.08 -538.21 -535.72 -618.34 -792.17

VeriFone Systems Quarterly Data
Jul13 Oct13 Jan14 Apr14 Jul14 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18
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 -724.23 -795.19 -792.17 -834.19 -851.24

VeriFone Systems 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.


VeriFone Systems  (NYSE:PAY) 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.


VeriFone Systems (VeriFone Systems) Business Description

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Verifone sells hardware and complementary software and services that enable merchants to accept electronic payments at the point of sale. Its offerings are used in the retail, gas station, restaurant, and taxi environments, among others. The Verifone Systems segment sells devices and basic payment and security software. The Verifone Services segment provides "payments as a service"--longer-term leasing, support, and other payment-related services.
Executives
Robert B Henske director 2535 GARCIA AVE, MOUNTAIN VIEW CA 94043
Paul Galant director, officer: CEO 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Karen A Austin director 3100 WEST BIG BEAVER ROAD, TROY MI 48084
Marc E Rothman officer: EVP & CFO 1303 E ALGONQUIN ROAD, SCHAUMBURG X1 60196
Larry A Klane director 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Robert W Alspaugh director C/O AUTOLIV INC, KLARABERGSVIADUKTEN 70, SECTION B7, STOCKHOLM V7 SE-111 64
Rowan M Trollope director 4000 EXECUTIVE PARKWAY, SUITE #400, SAN RAMON CA 94583
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Ronald D Black director 1050 ENTERPRISE WAY, SUITE 700, SUNNYVALE CA 94089
Albert Liu officer: EVP, Corp Dev & Gen Counsel 88 WEST PLUMERIA DRIVE, SAN JOSE CA 95134
Wenda Harris Millard director C/O YAHOO INC, 701 FIRST AVE, SUNNYVALLE CA 94089
William Kenneth Nelson officer: EVP Global Product Mgmt & Serv ONE WAYSIDE ROAD BURLINGTON MA 01803
Leslie G Denend director C/O RATIONAL SOFTWARE CORP, 18880 HOMESTEAD ROAD, CUPERTINO CA 95014
Jeffrey E Stiefler director C/O INTUIT INC., 2700 COAST AVENUE, MOUNTAIN VIEW CA 94043