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TGI Solar Power Group (TGI Solar Power Group) Retained Earnings : $-15.13 Mil (As of Jul. 2023)


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What is TGI Solar Power Group Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TGI Solar Power Group's retained earnings for the quarter that ended in Jul. 2023 was $-15.13 Mil.

TGI Solar Power Group's quarterly retained earnings declined from Jul. 2017 ($-14.77 Mil) to Jul. 2022 ($-15.07 Mil) and declined from Jul. 2022 ($-15.07 Mil) to Jul. 2023 ($-15.13 Mil).

TGI Solar Power Group's annual retained earnings declined from Jul. 2017 ($-14.77 Mil) to Jul. 2022 ($-15.07 Mil) and declined from Jul. 2022 ($-15.07 Mil) to Jul. 2023 ($-15.13 Mil).


TGI Solar Power Group Retained Earnings Historical Data

The historical data trend for TGI Solar Power 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.

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TGI Solar Power Group Retained Earnings Chart

TGI Solar Power Group Annual Data
Trend Jul15 Jul16 Jul17 Jul22 Jul23
Retained Earnings
-14.42 -14.55 -14.77 -15.07 -15.13

TGI Solar Power Group Semi-Annual Data
Jul15 Jul16 Jul17 Jul22 Jul23
Retained Earnings -14.42 -14.55 -14.77 -15.07 -15.13

TGI Solar Power 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.


TGI Solar Power Group  (OTCPK:TSPG) 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.


TGI Solar Power Group (TGI Solar Power Group) Business Description

Traded in Other Exchanges
N/A
Address
1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is engaged in the business of providing potential alternative energy solutions to residential and business customers. The company offers services such as Management Consulting, Project Management, International Business Development, Strategic Alliances, New Technology Incubator, Smart Sustainable City Development & Many More.
Executives
R Paul Gray director, 10 percent owner, officer: Executive VP of Business Dev. C/O UNITED THERAPEUTICS CORP, 1110 SPRING STREET, SILVER SPRINGS MD 20910
David A Dedman director 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Neil Booth Strodel director 6 TEASEL LANE, SKANEATELES NY 13152
Wisneski John Thomas Jr director 2706 CLEARVIEW ROAD, ALLISON PARK PA 15101
Matthew Freeman Taylor director, other: Self 839 SOUTHRIDGE GREENS BLVD, FORT COLLINS CO 80525
Sequence Holdings Llc 10 percent owner 192 EAST BAY STREET, SUITE 300, CHARLESTON SC 29401
Linda Joy Putnam officer: Vice President and CFO 141 HERNDON MILL CIRCLE, HERNDON VA 20170
Core Concepts, Llc 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147
Timothy S Novak director, 10 percent owner, other: * See Remarks 8374 MARKET ST, STE 439, BRADENTON FL 34202
Tenthgate, Inc. 10 percent owner 44050 ASHBURN PLAZA, SUITE 195, ASHBURN VA 20147