NZTCF (Spark New Zealand) Retained Earnings : $561 Mil (As of Dec. 2024)

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What is Spark New Zealand Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spark New Zealand's retained earnings for the quarter that ended in Dec. 2024 was $561 Mil.

Spark New Zealand's quarterly retained earnings declined from Dec. 2023 ($797 Mil) to Jun. 2024 ($733 Mil) and declined from Jun. 2024 ($733 Mil) to Dec. 2024 ($561 Mil).

Spark New Zealand's annual retained earnings increased from Jun. 2022 ($459 Mil) to Jun. 2023 ($841 Mil) but then declined from Jun. 2023 ($841 Mil) to Jun. 2024 ($733 Mil).

Spark New Zealand Retained Earnings Historical Data

The historical data trend for Spark New Zealand'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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Spark New Zealand Retained Earnings Chart

Spark New Zealand Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Retained Earnings

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578.34

561.48

458.70

841.10

732.97

Spark New Zealand Semi-Annual Data
	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Retained Earnings	Get a 7-Day Free Trial															841.80	841.10	796.52	732.97	560.92

Spark New Zealand 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.

Spark New Zealand (OTCPK:NZTCF) 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.

Spark New Zealand Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Spark New Zealand Ltd (OTCPK:NZTCF) » Definitions » Retained Earnings

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SPKKY:USA SPK:New Zealand NZT:Germany SPK:Australia

Address

167 Victoria Street West, Level 2, Spark City, Private Bag 92028, Auckland, NTL, NZL, 1010

Website

https://www.sparknz.co.nz

Spark is one of only three integrated telecommunications companies in New Zealand. It is the leading mobile network operator with low- to mid-40% subscriber and revenue share, and the dominant provider of fixed-line broadband services with a mid-30% subscriber share. It has a commanding presence in the New Zealand corporate and wholesale telecommunications services provision space. Spark supplements its core telecommunications operations and related infrastructure with IT products and services across cloud, managed data and networks, procurement, data centers, and Internet of Things. Its operations are entirely based in New Zealand, except for its 41% interest in Southern Cross Submarine Cables, which has zero book value and to which Spark has no funding obligations.