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World Wireless Communications (World Wireless Communications) Retained Earnings : $-60.55 Mil (As of Dec. 2002)


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What is World Wireless Communications Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. World Wireless Communications's retained earnings for the quarter that ended in Dec. 2002 was $-60.55 Mil.

World Wireless Communications's quarterly retained earnings declined from Jun. 2002 ($-56.55 Mil) to Sep. 2002 ($-59.12 Mil) and declined from Sep. 2002 ($-59.12 Mil) to Dec. 2002 ($-60.55 Mil).

World Wireless Communications's annual retained earnings declined from Dec. 2000 ($-44.84 Mil) to Dec. 2001 ($-50.51 Mil) and declined from Dec. 2001 ($-50.51 Mil) to Dec. 2002 ($-60.55 Mil).


World Wireless Communications Retained Earnings Historical Data

The historical data trend for World Wireless Communications'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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World Wireless Communications Retained Earnings Chart

World Wireless Communications Annual Data
Trend Dec99 Dec00 Dec01 Dec02
Retained Earnings
-39.69 -44.84 -50.51 -60.55

World Wireless Communications Quarterly Data
Mar99 Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02
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 -50.51 -52.85 -56.55 -59.12 -60.55

World Wireless Communications 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.


World Wireless Communications  (OTCPK:WWRL) 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.


World Wireless Communications (World Wireless Communications) Business Description

Traded in Other Exchanges
N/A
Address
5670 Greenwood Plaza Blvd., Penthouse, Greenwood Village, CO, USA, 80111
World Wireless Communications Inc is a telecom service provider in the United States. The firm is engaged as a developer of wired and wireless telemetry and remote control systems.
Executives
Marty Steinberg 10 percent owner 1111 BRICKELL AVENUE SUITE 2500, MIAMI FL 33131

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