GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TLG Acquisition One Corp (NYSE:TLGA) » Definitions » Retained Earnings

TLG Acquisition One (TLG Acquisition One) Retained Earnings : $-24.58 Mil (As of Mar. 2023)


View and export this data going back to 2021. Start your Free Trial

What is TLG Acquisition One Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TLG Acquisition One's retained earnings for the quarter that ended in Mar. 2023 was $-24.58 Mil.

TLG Acquisition One's quarterly retained earnings declined from Sep. 2022 ($-19.95 Mil) to Dec. 2022 ($-21.60 Mil) and declined from Dec. 2022 ($-21.60 Mil) to Mar. 2023 ($-24.58 Mil).

TLG Acquisition One's annual retained earnings declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-27.94 Mil) but then increased from Dec. 2021 ($-27.94 Mil) to Dec. 2022 ($-21.60 Mil).


TLG Acquisition One Retained Earnings Historical Data

The historical data trend for TLG Acquisition One'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.

TLG Acquisition One Retained Earnings Chart

TLG Acquisition One Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
- -27.94 -21.60

TLG Acquisition One Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -21.49 -18.86 -19.95 -21.60 -24.58

TLG Acquisition One 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.


TLG Acquisition One  (NYSE:TLGA) 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.


TLG Acquisition One (TLG Acquisition One) Business Description

Traded in Other Exchanges
N/A
Address
515 North Flagler Drive, Suite 520, West Palm Beach, FL, USA, 33401
TLG Acquisition One Corp is a blank check company.
Executives
Zainabu Oke director 8300 GOLF LINKS ROAD, OAKLAND CA 94605
Edward Ho director 1775 TYSONS BOULEVARD, TYSONS VA 22102
John M Lawrie director, 10 percent owner, officer: See Remarks DXC TECHNOLOGY COMPANY, 1775 TYSONS BOULEVARD, TYSONS VA 22102
Abdo G Kadifa director C/O CORIO INC, 959 SKYWAY RD #100, SAN CARLOS CA 94070
Terry Hilliard C. Iii director ONE SW COLUMBIA ST STE 1200, PORTLAND OR 97258
David L Johnson director, officer: Chief Financial Officer ONE DELL WAY, ROUND ROCK TX 78682
Kristin Muhlner director 3877 FAIRFAX RIDGE ROAD, SOUTH TOWER, FAIRFAX VA 22030
Tlg Acquisition Founder Llc 10 percent owner 515 NORTH FLAGLER DRIVE, SUITE 520, WEST PALM BEACH FL 33401

TLG Acquisition One (TLG Acquisition One) Headlines

From GuruFocus