VGTel (VGTL) Retained Earnings : $-9.32 Mil (As of Dec. 2014)

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What is VGTel Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. VGTel's retained earnings for the quarter that ended in Dec. 2014 was $-9.32 Mil.

VGTel's quarterly retained earnings increased from Jun. 2014 ($-9.11 Mil) to Sep. 2014 ($-9.03 Mil) but then declined from Sep. 2014 ($-9.03 Mil) to Dec. 2014 ($-9.32 Mil).

VGTel's annual retained earnings declined from Mar. 2012 ($-0.92 Mil) to Mar. 2013 ($-6.09 Mil) and declined from Mar. 2013 ($-6.09 Mil) to Mar. 2014 ($-8.13 Mil).

VGTel Retained Earnings Historical Data

The historical data trend for VGTel'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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VGTel Retained Earnings Chart

VGTel Annual Data

Trend

Mar07

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Retained Earnings

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-0.42

-0.92

-6.09

-8.13

VGTel Quarterly Data
	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14
Retained Earnings	Get a 7-Day Free Trial															-7.31	-8.13	-9.11	-9.03	-9.32

VGTel 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.

VGTel (OTCPK:VGTL) 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.

VGTel (VGTL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » VGTel Inc (OTCPK:VGTL) » Definitions » Retained Earnings

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Address

1750 N. Collins Boulevard, Suite 208, Richardson, TX, USA, 75080

Website

http://www.vgtelinc.com

VGTel Inc is a multi-platform entertainment company with an emphasis on capitalizing on the increasing demand for ultra-high definition (UHD) or 4K content.

Executives

Kirk P Mcdonald

director, 10 percent owner

5 STONE FENCE LN, STAMFORD CT 06903