TSPG (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?

TGI Solar Power Group TSPG Retained Earnings is $-15.13 Mil as of Jul. 2023.

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  (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 Retained Earnings Historical Data

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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.

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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-15.13 Mil mean?
TGI Solar Power Group (TSPG) has a Retained Earnings of $-15.13 Mil as of Jul. 2023. Retained earnings is the amount of net income not issued to shareholders. View historical data on TGI Solar Power Group and its competitors.
Is TGI Solar Power Group's Retained Earnings too high?
TGI Solar Power Group's current Retained Earnings is $-15.13 Mil.
How does TGI Solar Power Group's Retained Earnings compare to ASTI and PTOS?
TGI Solar Power Group's Retained Earnings of $-15.13 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Semiconductors company?
A good Retained Earnings depends on the Semiconductors industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on TGI Solar Power Group and its competitors. TGI Solar Power Group's current Retained Earnings is $-15.13 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is TGI Solar Power Group stock overvalued right now?
TGI Solar Power Group (TSPG) has a current Retained Earnings of $-15.13 Mil. The current Retained Earnings is $-15.13 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For TGI Solar Power Group (TSPG), the current Retained Earnings is $-15.13 Mil as of Jul. 2023. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

TGI Solar Power Group Business Description

Address 1801 North East 123rd Street, North Miami, FL, USA, 33181
TGI Solar Power Group Inc is a diversified holding company. The company offers its products and services to clients of various countries and maintains JVs and strategic alliances with installation, integration and energy consulting firms. It focuses on acquiring and developing patented technologies and processes with commercial value.