GMA Network (PHS:GMA7) Retained Earnings : ₱4,634 Mil (As of Mar. 2024)

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What is GMA Network Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GMA Network's retained earnings for the quarter that ended in Mar. 2024 was ₱4,634 Mil.

GMA Network's quarterly retained earnings increased from Sep. 2023 (₱3,730 Mil) to Dec. 2023 (₱4,430 Mil) and increased from Dec. 2023 (₱4,430 Mil) to Mar. 2024 (₱4,634 Mil).

GMA Network's annual retained earnings declined from Dec. 2021 (₱8,223 Mil) to Dec. 2022 (₱6,611 Mil) and declined from Dec. 2022 (₱6,611 Mil) to Dec. 2023 (₱4,430 Mil).

GMA Network Retained Earnings Historical Data

The historical data trend for GMA Network'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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GMA Network Retained Earnings Chart

GMA Network Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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2,727.24

7,253.76

8,222.61

6,611.15

4,430.16

GMA Network Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															7,214.72	2,445.07	3,729.54	4,430.16	4,634.28

GMA Network 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.

GMA Network (PHS:GMA7) 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.

GMA Network (PHS:GMA7) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » GMA Network Inc (PHS:GMA7) » Definitions » Retained Earnings

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Address

GMA Network Center, Timog Avenue EDSA corner, Diliman, Quezon, PHL, 1103

Website

https://www.gmanetwork.com

GMA Network Inc is a media broadcasting company. The company has three operating segments namely, Television and Radio airtime, International Subscription, and Other Businesses. Its television and Radio segment is engaged in broadcasting activities and the sale of national and regional advertising time. The International Subscription segment is engaged in subscription arrangements with international cable companies and the Other Businesses segment includes movie production, consumer products, and other services. Geographically, it operates in the Philippines and other countries, of which a majority of the revenue is derived from the Philippines.

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