GGL (Games Global) Retained Earnings: $189.03 Mil (As of Dec. 2023)


What is Games Global Retained Earnings?

Games Global GGL Retained Earnings is $189.03 Mil as of Dec. 2023.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Games Global's retained earnings for the quarter that ended in Dec. 2023 was $189.03 Mil.

Games Global's quarterly retained earnings increased from Dec. 2022 ($0.00 Mil) to Mar. 2023 ($114.64 Mil) and increased from Mar. 2023 ($114.64 Mil) to Dec. 2023 ($189.03 Mil).

Games Global's annual retained earnings stayed the same from Mar. 2021 ($0.00 Mil) to Mar. 2022 ($0.00 Mil) but then increased from Mar. 2022 ($0.00 Mil) to Mar. 2023 ($114.64 Mil).

Games Global  (NYSE:GGL) 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.

Games Global Retained Earnings Historical Data

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The historical data trend for Games Global'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.

Games Global Retained Earnings Chart

Games Global Annual Data
Trend Mar21 Mar22 Mar23
Retained Earnings
0.00 0.00 114.64

Games Global Quarterly Data
Mar22 Dec22 Mar23 Dec23
Retained Earnings 0.00 0.00 114.64 189.03

Games Global 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 $189.03 Mil mean?
Games Global (GGL) has a Retained Earnings of $189.03 Mil as of Dec. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on Games Global and its competitors.
Is Games Global's Retained Earnings too high?
Games Global's current Retained Earnings is $189.03 Mil.
How does Games Global's Retained Earnings compare to ?
Games Global's Retained Earnings of $189.03 Mil can be compared against companies in the Interactive Media 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 an Interactive Media company?
A good Retained Earnings depends on the Interactive Media 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 Games Global and its competitors. Games Global's current Retained Earnings is $189.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Games Global stock overvalued right now?
Games Global (GGL) has a current Retained Earnings of $189.03 Mil. The current Retained Earnings is $189.03 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 Games Global (GGL), the current Retained Earnings is $189.03 Mil as of Dec. 2023. 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.

Games Global Business Description

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Address 62 Circular Road, Douglas, IMN, IM1 1LA
Games Global Ltd is a company that primarily works on developing, holding, and exploiting gaming-related intellectual property, as well as creating casino-style gaming content and business-to-business solutions for iGaming operators in regulated markets around the world, based on the size of its studio network.