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Tower One Wireless (FRA:1P3N) Retained Earnings : €-26.71 Mil (As of Sep. 2022)


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What is Tower One Wireless Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tower One Wireless's retained earnings for the quarter that ended in Sep. 2022 was €-26.71 Mil.

Tower One Wireless's quarterly retained earnings declined from Mar. 2022 (€-24.24 Mil) to Jun. 2022 (€-26.73 Mil) but then increased from Jun. 2022 (€-26.73 Mil) to Sep. 2022 (€-26.71 Mil).

Tower One Wireless's annual retained earnings declined from Dec. 2019 (€-16.12 Mil) to Dec. 2020 (€-16.27 Mil) and declined from Dec. 2020 (€-16.27 Mil) to Dec. 2021 (€-22.30 Mil).


Tower One Wireless Retained Earnings Historical Data

The historical data trend for Tower One Wireless'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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Tower One Wireless Retained Earnings Chart

Tower One Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -6.55 -12.44 -16.12 -16.27 -22.30

Tower One Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 -18.50 -22.30 -24.24 -26.73 -26.71

Tower One Wireless 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.


Tower One Wireless  (FRA:1P3N) 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.


Tower One Wireless (FRA:1P3N) Business Description

Traded in Other Exchanges
N/A
Address
535 Howe Street, Suite 600, Vancouver, BC, CAN, V6C 2Z4
Tower One Wireless Corp is a Canada-based company which is a tower owner, operator, and developer of multitenant communications structures. Its primary business is the leasing of space on communications sites to mobile network operators. The company's geographical segments include Argentina; Colombia; Mexico; the United States of America and others. It derives a majority of revenue from Colombia. Tower-related services include site acquisition, zoning and permitting, structural analysis, and construction which primarily supports the company's site leasing business, including the addition of new tenants and equipment on its sites.

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