DCEL (Digicel Group) Retained Earnings: $-2,892.81 Mil (As of Mar. 2015)

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What is Digicel Group Retained Earnings?

Digicel Group DCEL Retained Earnings is $-2,892.81 Mil as of Mar. 2015.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Digicel Group's retained earnings for the quarter that ended in Mar. 2015 was $-2,892.81 Mil.

Digicel Group's quarterly retained earnings declined from Mar. 2013 ($0.00 Mil) to Mar. 2014 ($-2,684.51 Mil) and declined from Mar. 2014 ($-2,684.51 Mil) to Mar. 2015 ($-2,892.81 Mil).

Digicel Group's annual retained earnings declined from Mar. 2013 ($0.00 Mil) to Mar. 2014 ($-2,684.51 Mil) and declined from Mar. 2014 ($-2,684.51 Mil) to Mar. 2015 ($-2,892.81 Mil).

Digicel Group  (NYSE:DCEL) 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.

Digicel Group Retained Earnings Historical Data

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The historical data trend for Digicel Group'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.

Digicel Group Retained Earnings Chart

Digicel Group Annual Data
Trend Mar13 Mar14 Mar15
Retained Earnings
0.00 -2,684.51 -2,892.81

Digicel Group Semi-Annual Data
Mar13 Mar14 Mar15
Retained Earnings 0.00 -2,684.51 -2,892.81

Digicel 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-2,892.81 Mil mean?
Digicel Group (DCEL) has a Retained Earnings of $-2,892.81 Mil as of Mar. 2015. Retained earnings is the amount of net income not issued to shareholders. View historical data on Digicel Group and its competitors.
Is Digicel Group's Retained Earnings too high?
Digicel Group's current Retained Earnings is $-2,892.81 Mil.
How does Digicel Group's Retained Earnings compare to DIRV and FULO?
Digicel Group's Retained Earnings of $-2,892.81 Mil can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Telecommunication Services company?
A good Retained Earnings depends on the Telecommunication Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Digicel Group and its competitors. Digicel Group's current Retained Earnings is $-2,892.81 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Digicel Group stock overvalued right now?
Digicel Group (DCEL) has a current Retained Earnings of $-2,892.81 Mil. The current Retained Earnings is $-2,892.81 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Digicel Group (DCEL), the current Retained Earnings is $-2,892.81 Mil as of Mar. 2015. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Digicel Group Business Description

Digicel Group Ltd was incorporated under the laws of Bermuda on February 5, 2007. The Company is a provider of communications services in the Caribbean and South Pacific regions. It provides a comprehensive range of mobile communications, business solutions, cable TV & broadband and other related products and services to retail, corporate (including small and medium-sized enterprises) and government customers. Its business is currently organized into nine reporting segments: Jamaica, Trinidad and Tobago, French West Indies, Haiti, El Salvador, Eastern Caribbean markets consisting of its operations in St. Lucia, Grenada and St. Vincent and the Grenadines, Guyana, Papua New Guinea and Other locations, consisting of its operations in all of its other markets. It has customer reach through 1,034 retail locations (including 667 exclusive stores) and a dealer and distributor network with approximately 183,000 recharge locations. It offers its services on both a prepaid and post-paid basis and market to retail and business customers. It caters to its retail customers through Digicel's dealer channel and to its corporate clients via a business channel. Its distribution channel is comprised of the four distinct categories: Vendor Stores, Third-Party Dealers, Prepaid Card Outlets, and Diaspora. The Company's Mobile and Cable TV & Broadband operations are subject to regulation in each of the markets in which it operates.