Taubman Centers (Taubman Centers) Retained Earnings : $-802.7 Mil (As of Sep. 2020)

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What is Taubman Centers Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taubman Centers's retained earnings for the quarter that ended in Sep. 2020 was $-802.7 Mil.

Taubman Centers's quarterly retained earnings declined from Mar. 2020 ($-738.2 Mil) to Jun. 2020 ($-772.7 Mil) and declined from Jun. 2020 ($-772.7 Mil) to Sep. 2020 ($-802.7 Mil).

Taubman Centers's annual retained earnings declined from Dec. 2017 ($-646.8 Mil) to Dec. 2018 ($-744.2 Mil) but then increased from Dec. 2018 ($-744.2 Mil) to Dec. 2019 ($-712.9 Mil).

Taubman Centers Retained Earnings Historical Data

The historical data trend for Taubman Centers'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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Taubman Centers Retained Earnings Chart

Taubman Centers Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Retained Earnings

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-512.75

-549.91

-646.81

-744.23

-712.88

Taubman Centers Quarterly Data
	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
Retained Earnings	Get a 7-Day Free Trial															-637.06	-712.88	-738.22	-772.70	-802.67

Taubman Centers 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.

Taubman Centers (NYSE:TCO) 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.

Taubman Centers (Taubman Centers) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Taubman Centers Inc (NYSE:TCO) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

200 East Long Lake Road, Suite 300, Bloomfield Hills, MI, USA, 48304-2324

Website

http://www.taubman.com

Taubman Centers Inc is engaged in the ownership, leasing, acquisition, disposition, development, expansion, and management of shopping centers. The company owns or operates a collection of over 20 urban and suburban shopping centers in U.S. states, Puerto Rico, South Korea, and China. Some of the operating malls of the group are Cherry Creek Shopping center, City Creek Center, Dolphin Mall, Fair Oaks Mall, and Stamford Town Center. Taubman derives its revenue by offering its properties on lease.

Executives

Marakovits Cornelia Connelly	director	C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE RD., STE 300, BLOOMFIELD HILLS MI 48304
Ullman Myron E Iii	director	100 SPEAR ST. SUITE 935, SAN FRANCISCO CA 94105
Michelle J Goldberg	director	601 UNION STREET, SUITE 3100, SEATTLE WA 98101
Janice L Fields	director	800 NORTH LINDBERGH BLVD., ST. LOUIS MO 63167
Nancy Killefer	director	3170 FAIRVIEW PARK DRIVE, FALLS CHURCH VA 22042
Mayree C Clark	director	C/O ALLY FINANCIAL INC., 200 RENAISSANCE CENTER, DETROIT MI 48265
Michael J Embler	director	C/O NMI HOLDINGS, INC., 2100 POWELL STREET, EMERYVILLE CA 94608
Simon Leopold	officer: EVP, CFO and Treasurer	70 E. LONG LAKE ROAD, BLOOMFIELD HILLS MI 48304
Paul Aubrey Wright	officer: President, Taubman Asia Mngmt	C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304
Jonathan Litt	director	LAND AND BUILDINGS, 1 LANDMARK SQUARE, 7TH FLOOR, STAMFORD CT 06901
Robert S Taubman	director, officer: President, CEO, AND Chair BOD	200 EAST LONG LAKE RD, SUITE 300 P O BOX 200, BLOOMFIELD HILLS MI 48303-0200
William S Taubman	officer: Chief Operating Officer	200 E LONG LAKE RD, TAUBMAN ASSET GROUP, BLOOMFIELD HILLS MI 48303
Peter John Sharp	officer: President, Taubman Asia Mngmt	C/O TAUBMAN CENTERS, INC., 200 E. LONG LAKE ROAD, STE 300, BLOOMFIELD HILLS MI 48304
Craig M Hatkoff	director	ONE WEST 72ND STREET, NEWYORK NY 10023
Jerome A Chazen	director	C/O CHAZEN CAPITAL PARTNERS LLC, 150 EAST 58TH STREET, 27TH FLOOR, NEW YORK NY 10155