GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » 11 88 0 Solutions AG (HAM:TGT) » Definitions » Retained Earnings

11 88 0 Solutions AG (HAM:TGT) Retained Earnings : €-55.67 Mil (As of Sep. 2023)


View and export this data going back to 1999. Start your Free Trial

What is 11 88 0 Solutions AG Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. 11 88 0 Solutions AG's retained earnings for the quarter that ended in Sep. 2023 was €-55.67 Mil.

11 88 0 Solutions AG's quarterly retained earnings declined from Mar. 2023 (€-54.02 Mil) to Jun. 2023 (€-55.48 Mil) and declined from Jun. 2023 (€-55.48 Mil) to Sep. 2023 (€-55.67 Mil).

11 88 0 Solutions AG's annual retained earnings declined from Dec. 2019 (€-46.93 Mil) to Dec. 2020 (€-49.24 Mil) but then increased from Dec. 2020 (€-49.24 Mil) to Dec. 2021 (€-48.20 Mil).


11 88 0 Solutions AG Retained Earnings Historical Data

The historical data trend for 11 88 0 Solutions AG'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.

11 88 0 Solutions AG Retained Earnings Chart

11 88 0 Solutions AG 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 -40.44 -43.47 -46.93 -49.24 -48.20

11 88 0 Solutions AG Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Mar23 Jun23 Sep23
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 -50.71 -51.07 -54.02 -55.48 -55.67

11 88 0 Solutions AG 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.


11 88 0 Solutions AG  (HAM:TGT) 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.


11 88 0 Solutions AG (HAM:TGT) Business Description

Traded in Other Exchanges
Address
Hohenzollernstrasse 24, Essen, NW, DEU, 45128
11 88 0 Solutions AG is telecom service company based in Germany. The company has business segments that are Directory Assistance and Digital. The Directory Assistance segment provides services related to inquiries made at by phone for information regarding of phone numbers, pre-dial numbers and addresses while the Digital segment receives revenue from advertisements on the company's platforms and websites. The Digital segment also includes the software solutions business, which comprises digital telephone books and yellow pages on CDROM and as intranet and database solutions. The company's product line includes online marketing and various tools to analyze data. The Digital segment generates maximum revenue for the company.

11 88 0 Solutions AG (HAM:TGT) Headlines