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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tango Therapeutics's retained earnings for the quarter that ended in Dec. 2024 was $-501.56 Mil.
Tango Therapeutics's quarterly retained earnings declined from Jun. 2024 ($-434.72 Mil) to Sep. 2024 ($-463.89 Mil) and declined from Sep. 2024 ($-463.89 Mil) to Dec. 2024 ($-501.56 Mil).
Tango Therapeutics's annual retained earnings declined from Dec. 2022 ($-269.51 Mil) to Dec. 2023 ($-371.26 Mil) and declined from Dec. 2023 ($-371.26 Mil) to Dec. 2024 ($-501.56 Mil).
The historical data trend for Tango Therapeutics'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.
Tango Therapeutics Annual Data | |||||||||||
Trend | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | ||||||
Retained Earnings | -103.10 | -161.34 | -269.51 | -371.26 | -501.56 |
Tango Therapeutics Quarterly Data | ||||||||||||||||||
Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
Retained Earnings | Get a 7-Day Free Trial |
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-371.26 | -409.17 | -434.72 | -463.89 | -501.56 |
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.
Tango Therapeutics (NAS:TNGX) 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.
Douglas Barry | officer: See Remarks | TANGO THERAPEUTICS, INC., 100 BINNEY STREET, UNIT 700, CAMBRIDGE MA 02142 |
Adam Crystal | officer: See Remarks | C4 THERAPEUTICS, INC., 490 ARSENAL WAY, SUITE 200, WATERTOWN MA 02472 |
Barbara Weber | director, officer: Chief Executive Officer | C/O REVOLUTION MEDICINES, INC., 700 SAGINAW DRIVE, REDWOOD CITY CA 94063 |
Daniella Beckman | officer: Chief Financial Officer | C/O IDENIX PHARMACEUTICALS, INC., ONE KENDALL SQUARE, BLDG. 1400, CAMBRIDGE MA 02139 |
Mace Rothenberg | director | 171 OYSTER POINT BLVD., SUITE 400, SOUTH SAN FRANCISCO CA 94080 |
Ecor1 Capital, Llc | 10 percent owner | 357 TEHAMA STREET #3, SAN FRANCISCO CA 94103 |
Third Rock Ventures Iv, L.p. | 10 percent owner | 29 NEWBURY STREET, 3RD FLOOR, BOSTON MA 02116 |
Mva Investors, Llc | other: See remarks | 12860 EL CAMINO REAL, SUITE 300, SAN DIEGO CA 92130 |
Lesley Ann Calhoun | director | C/O GLOBAL BLOOD THERAPEUTICS, INC., 171 OYSTER POINT BOULEVARD, SUITE 300, SOUTH SAN FRANCISCO CA 94080 |
Boxer Capital, Llc | other: See remarks | 12860 EL CAMINO REAL, SUITE 300, SAN DIEGO CA 92130 |
John B Ketchum | director | TANGO THERAPEUTICS, INC., 201 BROOKLINE AVE., SUITE 901, BOSTON MA 02215 |
Joseph Lewis | other: See remarks | PO BOX N7776, LYFORD BAHAMAS |
Trv Gp Vi, Llc | director | 201 BROOKLINE AVE., BOSTON MA 02215 |
Third Rock Ventures Gp Vi, L.p. | director | 201 BROOKLINE AVE, SUITE 1401, BOSTON MA 02215 |
Third Rock Ventures Vi, L.p. | director | 29 NEWBURY STREET, 3RD FLOOR, BOSTON MA 02116 |
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