GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Tokyo Gas Co Ltd (OTCPK:TKGSF) » Definitions » Retained Earnings

Tokyo Gas Co (Tokyo Gas Co) Retained Earnings : $9,711 Mil (As of Dec. 2023)


View and export this data going back to . Start your Free Trial

What is Tokyo Gas Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tokyo Gas Co's retained earnings for the quarter that ended in Dec. 2023 was $9,711 Mil.

Tokyo Gas Co's quarterly retained earnings declined from Jun. 2023 ($9,723 Mil) to Sep. 2023 ($9,469 Mil) but then increased from Sep. 2023 ($9,469 Mil) to Dec. 2023 ($9,711 Mil).

Tokyo Gas Co's annual retained earnings increased from Mar. 2022 ($9,076 Mil) to Mar. 2023 ($9,807 Mil) but then declined from Mar. 2023 ($9,807 Mil) to Mar. 2024 ($8,946 Mil).


Tokyo Gas Co Retained Earnings Historical Data

The historical data trend for Tokyo Gas Co'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.

* Premium members only.

Tokyo Gas Co Retained Earnings Chart

Tokyo Gas Co Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 8,988.04 9,114.72 9,075.79 9,807.47 8,946.47

Tokyo Gas Co 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 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 9,807.47 9,723.43 9,469.44 9,710.58 8,946.47

Tokyo Gas Co 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.


Tokyo Gas Co  (OTCPK:TKGSF) 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.


Tokyo Gas Co (Tokyo Gas Co) Business Description

Traded in Other Exchanges
Address
1-5-20 Kaigan Minato-ku, Tokyo, JPN, 105-8527
Tokyo Gas Co Ltd is a Japanese utility company involved in the production, generation, and supply of natural gas and electricity. Tokyo Gas segments its operations into Gas, Electric Power, Overseas, and Other business units. The company's Gas division generates the vast majority of its total revenue through the supply and sale of natural gas to, namely, the Tokyo metropolitan area and other Japanese urban areas. Tokyo Gas' supply of natural gas is fairly evenly distributed amongst residential, commercial, industrial, and power generation customers. The company's Electric Power business also represents a significant income stream. This division operates a portfolio of cogeneration and natural gas-fired thermal power plants primarily located in the Tokyo area.

Tokyo Gas Co (Tokyo Gas Co) Headlines

No Headlines