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Tidewater Renewables (FRA:7GZ) Retained Earnings : €-3.1 Mil (As of Mar. 2024)


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What is Tidewater Renewables Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tidewater Renewables's retained earnings for the quarter that ended in Mar. 2024 was €-3.1 Mil.

Tidewater Renewables's quarterly retained earnings declined from Sep. 2023 (€0.3 Mil) to Dec. 2023 (€-8.4 Mil) but then increased from Dec. 2023 (€-8.4 Mil) to Mar. 2024 (€-3.1 Mil).

Tidewater Renewables's annual retained earnings increased from Dec. 2021 (€1.9 Mil) to Dec. 2022 (€19.9 Mil) but then declined from Dec. 2022 (€19.9 Mil) to Dec. 2023 (€-8.4 Mil).


Tidewater Renewables Retained Earnings Historical Data

The historical data trend for Tidewater Renewables'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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Tidewater Renewables Retained Earnings Chart

Tidewater Renewables Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial - - 1.91 19.95 -8.42

Tidewater Renewables Quarterly Data
Dec18 Dec19 Mar20 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 4.93 6.87 0.30 -8.42 -3.12

Tidewater Renewables 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.


Tidewater Renewables  (FRA:7GZ) 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.


Tidewater Renewables (FRA:7GZ) Business Description

Traded in Other Exchanges
Address
222 - 3rd Avenue SW, Suite 900, Calgary, AB, CAN, T2P 0B4
Tidewater Renewables Ltd has been formed to become a multi-faceted, energy transition company. It is focused on the production of low-carbon fuels, including renewable diesel, renewable hydrogen, and renewable natural gas, as well as carbon capture. The corporation generates revenue from the sale of renewable products. The renewable energy operating segment includes the following revenue categories: renewable fuels and renewable natural gas.

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