TLF has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
TLF has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tandy Leather Factory's retained earnings for the quarter that ended in Dec. 2023 was $63.66 Mil.
Tandy Leather Factory's quarterly retained earnings increased from Jun. 2023 ($61.09 Mil) to Sep. 2023 ($61.72 Mil) and increased from Sep. 2023 ($61.72 Mil) to Dec. 2023 ($63.66 Mil).
Tandy Leather Factory's annual retained earnings increased from Dec. 2021 ($58.66 Mil) to Dec. 2022 ($59.89 Mil) and increased from Dec. 2022 ($59.89 Mil) to Dec. 2023 ($63.66 Mil).
The historical data trend for Tandy Leather Factory'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.
Tandy Leather Factory Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | 62.21 | 57.31 | 58.66 | 59.89 | 63.66 |
Tandy Leather Factory Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Retained Earnings | Get a 7-Day Free Trial | 59.89 | 60.56 | 61.09 | 61.72 | 63.66 |
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.
Tandy Leather Factory (NAS:TLF) 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.
Jcp Investment Management, Llc | 10 percent owner | 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027 |
Jcp Investment Partnership, Lp | 10 percent owner, other: See Footnote 1 | 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027 |
Jcp Investment Partners, Lp | 10 percent owner, other: See Footnote 1 | 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027 |
Jcp Investment Holdings, Llc | 10 percent owner, other: See Footnote 1 | 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027 |
Janet A Carr | director, officer: CEO | 116 S PORTLAND AVENUE, BROOKLYN NY 11217 |
Jefferson Gramm | 10 percent owner | C/O BANDERA PARTNERS LLC, 50 BROAD STREET, SUITE 1820, NEW YORK NY 10004 |
Shannon L Greene | director, officer: CFO/TREASURER | 3800 FALCON LAKE DRIVE, ARLINGTON TX 76016 |
Mark J Angus | officer: SR VICE PRESIDENT | 1900 SE LOOP 820, FORTH WORTH TX 76140 |
James C Pappas | director | 1177 WEST LOOP SOUTH, SUITE 1320, HOUSTON TX 77027 |
T Field Lange | director | 6300 RIDGLEA PLACE, #500, FORT WORTH TX 76116 |
Victoria Marie Cantrell | director | 2 BERRY LANE, RANDOLPH NJ 07869 |
Sejal Vinu Patel | director | 400 PARK AVENUE, 21ST FL, NEW YORK NY 10022 |
Beshore Brent Cornell | director | 315 N TENTH ST, COLUMBIA MO 65201 |
Sharon M Leite | director | 100 PIER 1 PLACE, FT. WORTH TX 76102 |
Joseph R Mannes | director | 4016 MCFARLIN BLVD, DALLAS TX 75205 |
From GuruFocus
By Marketwired Marketwired • 12-12-2019
By Marketwired Marketwired • 06-16-2020
By Marketwired Marketwired • 12-26-2019
By Marketwired Marketwired • 01-04-2020
By Marketwired • 08-15-2023
By Marketwired Marketwired • 05-18-2020
By Value_Insider Value_Insider • 11-15-2022
By PRNewswire PRNewswire • 12-12-2019
By Marketwired Marketwired • 12-30-2019
By Marketwired Marketwired • 12-10-2019
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.