AxtelB de CV (FRA:4GK) Retained Earnings : €151 Mil (As of Mar. 2024)

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What is AxtelB de CV Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. AxtelB de CV's retained earnings for the quarter that ended in Mar. 2024 was €151 Mil.

AxtelB de CV's quarterly retained earnings increased from Sep. 2023 (€131 Mil) to Dec. 2023 (€147 Mil) and increased from Dec. 2023 (€147 Mil) to Mar. 2024 (€151 Mil).

AxtelB de CV's annual retained earnings increased from Dec. 2021 (€105 Mil) to Dec. 2022 (€117 Mil) and increased from Dec. 2022 (€117 Mil) to Dec. 2023 (€147 Mil).

AxtelB de CV Retained Earnings Historical Data

The historical data trend for AxtelB de CV'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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AxtelB de CV Retained Earnings Chart

AxtelB de CV Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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148.14

134.38

105.50

117.00

147.30

AxtelB de CV 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															136.67	145.20	131.21	147.30	150.65

AxtelB de CV 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.

AxtelB de CV (FRA:4GK) 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.

AxtelB de CV (FRA:4GK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Axtel SAB de CV (FRA:4GK) » Definitions » Retained Earnings

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AXTELCPO:Mexico

Address

Boulevard Diaz Ordaz Km. 3.33 L-1, Col. Unidad San Pedro, San Pedro Garza Garcia, NL, MEX, 66215

Website

http://www.axtelcorp.mx

Axtel SAB de CV is a Mexican based information and communication technology company. The company has two operating segments namely Business operating segment offers communication services such as information, data and Internet technologies, managed through the company's network and infrastructure for both multinational companies, as well as for international and national businesses. Its Government operating segment offers communication services such as information, data and Internet technologies, administered through the company's network and infrastructure, for the federal, state and municipal governments. The company generates maximum revenue from the Business segment. Geographically, it derives majority revenue from the Mexico region.

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