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Netas Telekomuenikasyon AS (IST:NETAS) Retained Earnings : ₺-769 Mil (As of Jun. 2024)


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What is Netas Telekomuenikasyon AS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Netas Telekomuenikasyon AS's retained earnings for the quarter that ended in Jun. 2024 was ₺-769 Mil.

Netas Telekomuenikasyon AS's quarterly retained earnings declined from Dec. 2023 (₺-576 Mil) to Mar. 2024 (₺-661 Mil) and declined from Mar. 2024 (₺-661 Mil) to Jun. 2024 (₺-769 Mil).

Netas Telekomuenikasyon AS's annual retained earnings declined from Dec. 2021 (₺-645 Mil) to Dec. 2022 (₺-676 Mil) but then increased from Dec. 2022 (₺-676 Mil) to Dec. 2023 (₺-576 Mil).


Netas Telekomuenikasyon AS Retained Earnings Historical Data

The historical data trend for Netas Telekomuenikasyon AS'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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Netas Telekomuenikasyon AS Retained Earnings Chart

Netas Telekomuenikasyon AS 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 94.09 22.96 -645.25 -675.82 -576.15

Netas Telekomuenikasyon AS 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 -676.21 -690.62 -576.15 -661.45 -769.32

Netas Telekomuenikasyon AS 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.


Netas Telekomuenikasyon AS  (IST:NETAS) 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.


Netas Telekomuenikasyon AS Business Description

Traded in Other Exchanges
N/A
Address
Yenisehir Mahallesi Osmanli Bulvari No. 11, Kurtko, Pendik, Istanbul, TUR, 34912
Netas Telekomuenikasyon AS is engaged in the manufacturing and trading of telecommunication, equipment, project installation services, technical support, repair and maintenance services, IT services, strategic outsourcing services, implementation, and associated activities. The company's operating segments include Enterprise, Public, International, Technology, Telecom and BDH. It generates maximum revenue from the Enterprise segment. The company serves Financial Institutions, Telecom Service Providers, Public and Public Safety, Energy, Sports and Entertainment, Retail and FMCG, Smart Building and Campus Solutions and Transportation industries.

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