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

Taubman Centers (Taubman Centers) Retained Earnings : $-802.67 Mil (As of Sep. 2020)


View and export this data going back to 2012. Start your Free Trial

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 $-802.67 Mil.

Taubman Centers's quarterly retained earnings declined from Mar. 2020 ($-738.22 Mil) to Jun. 2020 ($-772.70 Mil) and declined from Jun. 2020 ($-772.70 Mil) to Sep. 2020 ($-802.67 Mil).

Taubman Centers's annual retained earnings declined from Dec. 2017 ($-646.81 Mil) to Dec. 2018 ($-744.23 Mil) but then increased from Dec. 2018 ($-744.23 Mil) to Dec. 2019 ($-712.88 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.

* Premium members only.

Taubman Centers Retained Earnings Chart

Taubman Centers Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -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 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 Premium Member Only Premium Member Only Premium Member Only -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:TCOpJ.PFD) 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

Traded in Other Exchanges
N/A
Address
200 East Long Lake Road, Suite 300, Bloomfield Hills, MI, USA, 48304-2324
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.

Taubman Centers (Taubman Centers) Headlines