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Tallgrass Energy (FRA:TGV) Retained Earnings : €-4.88 Mil (As of Dec. 2012)


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What is Tallgrass Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tallgrass Energy's retained earnings for the quarter that ended in Dec. 2012 was €-4.88 Mil.

Tallgrass Energy's quarterly retained earnings increased from Dec. 2010 (€-6.52 Mil) to Dec. 2011 (€-2.01 Mil) but then declined from Dec. 2011 (€-2.01 Mil) to Dec. 2012 (€-4.88 Mil).

Tallgrass Energy's annual retained earnings increased from Dec. 2010 (€-6.52 Mil) to Dec. 2011 (€-2.01 Mil) but then declined from Dec. 2011 (€-2.01 Mil) to Dec. 2012 (€-4.88 Mil).


Tallgrass Energy Retained Earnings Historical Data

The historical data trend for Tallgrass Energy'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.

Tallgrass Energy Retained Earnings Chart

Tallgrass Energy Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Retained Earnings
Get a 7-Day Free Trial Premium Member Only -0.82 -1.46 -6.52 -2.01 -4.88

Tallgrass Energy Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Retained Earnings Get a 7-Day Free Trial Premium Member Only -0.82 -1.46 -6.52 -2.01 -4.88

Tallgrass Energy 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.


Tallgrass Energy  (FRA:TGV) 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.


Tallgrass Energy Business Description

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Tallgrass Energy Corp was incorporated pursuant to the provisions of the Alberta Business Corporations Act on March 10, 2010. On December 31, 2012, the Company amalgamated with Anglo Canadian Oil Corp. The Company is engaged in the exploration, development and production of petroleum and natural gas in the Western Canadian Basin. The Company receives its revenue from the sale of oil, natural gas and natural gas liquids. Other revenue is derived from emulsion processing, treating, saltwater disposal fees charged to third parties as well as well operating fees and road use fees.

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