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TX Rail Products (TX Rail Products) Retained Earnings : $-15.57 Mil (As of Sep. 2020)


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What is TX Rail Products Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TX Rail Products's retained earnings for the quarter that ended in Sep. 2020 was $-15.57 Mil.

TX Rail Products's quarterly retained earnings declined from Jun. 2019 ($-15.53 Mil) to Sep. 2019 ($-15.57 Mil) but then increased from Sep. 2019 ($-15.57 Mil) to Sep. 2020 ($-15.57 Mil).

TX Rail Products's annual retained earnings increased from Sep. 2018 ($-15.61 Mil) to Sep. 2019 ($-15.57 Mil) and increased from Sep. 2019 ($-15.57 Mil) to Sep. 2020 ($-15.57 Mil).


TX Rail Products Retained Earnings Historical Data

The historical data trend for TX Rail Products'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.

TX Rail Products Retained Earnings Chart

TX Rail Products Annual Data
Trend Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -15.43 -15.56 -15.61 -15.57 -15.57

TX Rail Products Quarterly Data
Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Sep20
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 -15.60 -15.56 -15.53 -15.57 -15.57

TX Rail Products 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.


TX Rail Products  (OTCPK:TXRP) 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.


TX Rail Products (TX Rail Products) Business Description

Traded in Other Exchanges
N/A
Address
12080 Virginia Boulevard, Ashland, KY, USA, 41102
TX Holdings Inc is engaged in the business of supplying, distributing and selling drill bits, related tools, and other mining supplies and rail material directly and through other suppliers to the United States coal mining industry which are used in production and transportation processes. The company's product profile includes Miner Bits, Block and Sleeves, and Miscellaneous parts.

TX Rail Products (TX Rail Products) Headlines

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