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Internet Gold-Golden Lines (XTAE:IGLD-M) Retained Earnings : ₪0 Mil (As of Jun. 2023)


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What is Internet Gold-Golden Lines Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Internet Gold-Golden Lines's retained earnings for the quarter that ended in Jun. 2023 was ₪0 Mil.

Internet Gold-Golden Lines's quarterly retained earnings increased from Dec. 2019 (₪-1,018 Mil) to Jun. 2022 (₪0 Mil) but then stayed the same from Jun. 2022 (₪0 Mil) to Jun. 2023 (₪0 Mil).

Internet Gold-Golden Lines's annual retained earnings declined from Dec. 2017 (₪-261 Mil) to Dec. 2018 (₪-992 Mil) and declined from Dec. 2018 (₪-992 Mil) to Dec. 2019 (₪-1,018 Mil).


Internet Gold-Golden Lines Retained Earnings Historical Data

The historical data trend for Internet Gold-Golden Lines'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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Internet Gold-Golden Lines Retained Earnings Chart

Internet Gold-Golden Lines Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -526.00 -243.00 -261.00 -992.00 -1,018.00

Internet Gold-Golden Lines Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Jun22 Jun23
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 - - -1,018.00 - -

Internet Gold-Golden Lines 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.


Internet Gold-Golden Lines  (XTAE:IGLD-M) 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.


Internet Gold-Golden Lines (XTAE:IGLD-M) Business Description

Traded in Other Exchanges
N/A
Address
2 Dov Friedman Street, Ramat Gan, ISR, 5250301
Internet Gold-Golden Lines Ltd is communications group in Israel. The company's principal subsidiary is B Communications, through which it owns the controlling interest in Bezeq which is a telecommunications service provider. Bezeq mainly provides communications services in Israel offering a broad range of telecommunications operations and services, including domestic fixed-line, cellular and international communication services, Internet services, multi-channel television, television and radio broadcasts, satellite broadcasts, customer call centers, maintenance and development of communications infrastructures. It also provides communications services to other communications providers and the supply and maintenance of equipment on customer premises.

Internet Gold-Golden Lines (XTAE:IGLD-M) Headlines

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