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Cellcom Israel (FRA:F5U) Retained Earnings : €371 Mil (As of Jun. 2024)


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What is Cellcom Israel Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cellcom Israel's retained earnings for the quarter that ended in Jun. 2024 was €371 Mil.

Cellcom Israel's quarterly retained earnings increased from Dec. 2023 (€353 Mil) to Mar. 2024 (€356 Mil) and increased from Mar. 2024 (€356 Mil) to Jun. 2024 (€371 Mil).

Cellcom Israel's annual retained earnings increased from Dec. 2021 (€271 Mil) to Dec. 2022 (€315 Mil) and increased from Dec. 2022 (€315 Mil) to Dec. 2023 (€353 Mil).


Cellcom Israel Retained Earnings Historical Data

The historical data trend for Cellcom Israel'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.

Cellcom Israel Retained Earnings Chart

Cellcom Israel Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 297.29 261.70 271.32 315.09 353.34

Cellcom Israel Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 329.53 343.72 353.34 356.47 370.66

Cellcom Israel 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.


Cellcom Israel  (FRA:F5U) 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.


Cellcom Israel Business Description

Traded in Other Exchanges
Address
10 Hagavish Street, Netanya, ISR, 4250708
Cellcom Israel Ltd is the largest wireless provider in Israel and holds about one third of the market. The company offers basic voice services and data services such as Web browsing and music downloads. Cellcom is also launching a next-generation wireless service that supports higher data capacity. The company went public in February 2007, and its largest shareholder, Discount Investment, owns about 47% of its shares.

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