TransCoastal (TransCoastal) Retained Earnings : $-46.22 Mil (As of Jun. 2015)

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What is TransCoastal Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TransCoastal's retained earnings for the quarter that ended in Jun. 2015 was $-46.22 Mil.

TransCoastal's quarterly retained earnings declined from Dec. 2014 ($-44.42 Mil) to Mar. 2015 ($-44.80 Mil) and declined from Mar. 2015 ($-44.80 Mil) to Jun. 2015 ($-46.22 Mil).

TransCoastal's annual retained earnings declined from Dec. 2012 ($-38.52 Mil) to Dec. 2013 ($-42.57 Mil) and declined from Dec. 2013 ($-42.57 Mil) to Dec. 2014 ($-44.42 Mil).

TransCoastal Retained Earnings Historical Data

The historical data trend for TransCoastal'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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TransCoastal Retained Earnings Chart

TransCoastal Annual Data

Trend

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Retained Earnings

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-46.04

-46.31

-38.52

-42.57

-44.42

TransCoastal Quarterly Data
	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15
Retained Earnings	Get a 7-Day Free Trial															-42.90	-43.15	-44.42	-44.80	-46.22

TransCoastal 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.

TransCoastal (GREY:TCEC) 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.

TransCoastal (TransCoastal) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » TransCoastal Corp (GREY:TCEC) » Definitions » Retained Earnings

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Address

4975 Voyager Drive, Dallas, TX, USA, 75237

Website

http://www.transcoastal.net

TransCoastal Corp is an oil and gas exploration and production company. It is engaged in the development of oil and gas reserves in the state of Texas. The company has acquired or divested over 100 wells in Texas and has over 200 undeveloped locations on over 6000 acres of leased oil and gas property located primarily in the panhandle area of west Texas.

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