Taiga Motors (TSX:TAIG) Retained Earnings : C$-348.50 Mil (As of Dec. 2023)

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What is Taiga Motors Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Taiga Motors's retained earnings for the quarter that ended in Dec. 2023 was C$-348.50 Mil.

Taiga Motors's quarterly retained earnings declined from Jun. 2023 (C$-306.12 Mil) to Sep. 2023 (C$-326.31 Mil) and declined from Sep. 2023 (C$-326.31 Mil) to Dec. 2023 (C$-348.50 Mil).

Taiga Motors's annual retained earnings declined from Dec. 2021 (C$-216.49 Mil) to Dec. 2022 (C$-276.00 Mil) and declined from Dec. 2022 (C$-276.00 Mil) to Dec. 2023 (C$-348.50 Mil).

Taiga Motors Retained Earnings Historical Data

The historical data trend for Taiga Motors'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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Taiga Motors Retained Earnings Chart

Taiga Motors Annual Data

Trend

May17

May18

May19

May20

Dec21

Dec22

Dec23

Retained Earnings

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-3.86

-8.98

-216.49

-276.00

-348.50

Taiga Motors Quarterly Data
	May18	May19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial													-276.00	-288.99	-306.12	-326.31	-348.50

Taiga Motors 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.

Taiga Motors (TSX:TAIG) 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.

Taiga Motors (TSX:TAIG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Taiga Motors Corp (TSX:TAIG) » Definitions » Retained Earnings

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TAIMF:USA

Address

2695 Dollard Avenue, LaSalle, Montreal, QC, CAN, H8N 2J8

Website

https://www.taigamotors.com

Taiga Motors Corp is a Canadian company focused on the production and delivery of all-electric vehicles. its activities of research and development, design, and marketing. Its product lineup includes electric snowmobiles and personal watercraft. Its geographic regions are Canada and the United states of America, and the majority of its revenue comes from Canada.

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