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TAAT Global Alternatives (TAAT Global Alternatives) Retained Earnings : $-91.63 Mil (As of Jul. 2023)


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What is TAAT Global Alternatives Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TAAT Global Alternatives's retained earnings for the quarter that ended in Jul. 2023 was $-91.63 Mil.

TAAT Global Alternatives's quarterly retained earnings increased from Jan. 2023 ($-85.89 Mil) to Apr. 2023 ($-85.67 Mil) but then declined from Apr. 2023 ($-85.67 Mil) to Jul. 2023 ($-91.63 Mil).

TAAT Global Alternatives's annual retained earnings declined from Oct. 2020 ($-41.09 Mil) to Oct. 2021 ($-70.51 Mil) and declined from Oct. 2021 ($-70.51 Mil) to Oct. 2022 ($-82.04 Mil).


TAAT Global Alternatives Retained Earnings Historical Data

The historical data trend for TAAT Global Alternatives'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.

TAAT Global Alternatives Retained Earnings Chart

TAAT Global Alternatives Annual Data
Trend Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -32.81 -32.71 -41.09 -70.51 -82.04

TAAT Global Alternatives Quarterly Data
Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23
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 -81.99 -82.04 -85.89 -85.67 -91.63

TAAT Global Alternatives 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.


TAAT Global Alternatives  (OTCPK:TOBAF) 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.


TAAT Global Alternatives (TAAT Global Alternatives) Business Description

Traded in Other Exchanges
Address
789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C1H2
TAAT Global Alternatives Inc is a Canada-based company, which develops, manufactures, and distributes alternative product categories such as tobacco, hemp, and other emerging CPG segments. The company has two reportable segments, the sale of non-tobacco and tobacco products. The company generates the majority of its revenue from the tobacco products segment.

TAAT Global Alternatives (TAAT Global Alternatives) Headlines