Transat AT (TSX:TRZ) Retained Earnings : C$-1,069 Mil (As of Jan. 2024)

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What is Transat AT Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Transat AT's retained earnings for the quarter that ended in Jan. 2024 was C$-1,069 Mil.

Transat AT's quarterly retained earnings increased from Jul. 2023 (C$-1,013 Mil) to Oct. 2023 (C$-1,008 Mil) but then declined from Oct. 2023 (C$-1,008 Mil) to Jan. 2024 (C$-1,069 Mil).

Transat AT's annual retained earnings declined from Oct. 2021 (C$-545 Mil) to Oct. 2022 (C$-985 Mil) and declined from Oct. 2022 (C$-985 Mil) to Oct. 2023 (C$-1,008 Mil).

Transat AT Retained Earnings Historical Data

The historical data trend for Transat AT'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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Transat AT Retained Earnings Chart

Transat AT Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Retained Earnings

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336.99

-164.14

-544.88

-984.60

-1,008.45

Transat AT Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Retained Earnings	Get a 7-Day Free Trial															-1,041.21	-1,070.39	-1,013.09	-1,008.45	-1,069.43

Transat AT 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.

Transat AT (TSX:TRZ) 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.

Transat AT (TSX:TRZ) Business Description

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GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Transat AT Inc (TSX:TRZ) » Definitions » Retained Earnings

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TRZBF:USA 1TJ:Germany

Address

300 Leo-Pariseau Street, Suite 600, Montreal, QC, CAN, H2X 4C2

Website

https://www.transat.com

Transat A.T. Inc is a Canadian company that specializes in the organization, marketing, and distribution of holiday travel in the tourism industry. The company offers vacation packages, hotel stays, and air travel under the Transat and Air Transat brands. The company's core business consists of a Canadian leisure airline based in Canada that is vertically integrated with its other services of holiday packages, distribution through a dynamic travel agency network, value-added services at travel destinations, and accommodations. Its geographical segments include the Transatlantic, Americas, and others. It operates in one segment namely holiday travel.

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