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Transurban Group (Transurban Group) Retained Earnings : $-3,594 Mil (As of Dec. 2023)


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What is Transurban Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Transurban Group's retained earnings for the quarter that ended in Dec. 2023 was $-3,594 Mil.

Transurban Group's quarterly retained earnings declined from Dec. 2022 ($-3,517 Mil) to Jun. 2023 ($-3,589 Mil) and declined from Jun. 2023 ($-3,589 Mil) to Dec. 2023 ($-3,594 Mil).

Transurban Group's annual retained earnings declined from Jun. 2021 ($-3,265 Mil) to Jun. 2022 ($-3,469 Mil) and declined from Jun. 2022 ($-3,469 Mil) to Jun. 2023 ($-3,589 Mil).


Transurban Group Retained Earnings Historical Data

The historical data trend for Transurban Group'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.

Transurban Group Retained Earnings Chart

Transurban Group Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2,474.31 -2,682.54 -3,264.53 -3,468.73 -3,589.26

Transurban Group Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 -3,267.53 -3,468.73 -3,516.87 -3,589.26 -3,593.71

Transurban Group 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.


Transurban Group  (OTCPK:TRAUF) 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.


Transurban Group (Transurban Group) Business Description

Traded in Other Exchanges
Address
727 Collins Street, Level 31, Tower 5, Collins Square, Docklands, VIC, AUS, 3008
Transurban Group is an owner/operator of toll roads in Melbourne, Sydney, and Brisbane. It also owns toll roads in Virginia, USA and Montreal, Canada. The weighted average concession life across the portfolio is about 28 years. Australian assets contribute around 90% of proportional revenue.

Transurban Group (Transurban Group) Headlines

From GuruFocus

Transurban Group's Dividend Analysis

By GuruFocus Research 12-27-2023