Sprint (Sprint) Retained Earnings : $-2,226 Mil (As of Dec. 2019)

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What is Sprint Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sprint's retained earnings for the quarter that ended in Dec. 2019 was $-2,226 Mil.

Sprint's quarterly retained earnings declined from Jun. 2019 ($-1,832 Mil) to Sep. 2019 ($-2,106 Mil) and declined from Sep. 2019 ($-2,106 Mil) to Dec. 2019 ($-2,226 Mil).

Sprint's annual retained earnings increased from Mar. 2017 ($-8,584 Mil) to Mar. 2018 ($-1,255 Mil) but then declined from Mar. 2018 ($-1,255 Mil) to Mar. 2019 ($-1,883 Mil).

Sprint Retained Earnings Historical Data

The historical data trend for Sprint'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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Sprint Retained Earnings Chart

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Retained Earnings

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-5,383.00

-7,378.00

-8,584.00

-1,255.00

-1,883.00

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Retained Earnings	Get a 7-Day Free Trial															291.00	-1,883.00	-1,832.00	-2,106.00	-2,226.00

Sprint 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.

Sprint (NYSE:S) 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.

Sprint (Sprint) Business Description

Industry

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Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.