TeraGo (TSX:TGO) Retained Earnings : C$-139.57 Mil (As of Sep. 2024)

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What is TeraGo Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TeraGo's retained earnings for the quarter that ended in Sep. 2024 was C$-139.57 Mil.

TeraGo's quarterly retained earnings declined from Mar. 2024 (C$-133.02 Mil) to Jun. 2024 (C$-136.24 Mil) and declined from Jun. 2024 (C$-136.24 Mil) to Sep. 2024 (C$-139.57 Mil).

TeraGo's annual retained earnings declined from Dec. 2021 (C$-104.72 Mil) to Dec. 2022 (C$-116.29 Mil) and declined from Dec. 2022 (C$-116.29 Mil) to Dec. 2023 (C$-129.48 Mil).

TeraGo Retained Earnings Historical Data

The historical data trend for TeraGo'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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TeraGo Retained Earnings Chart

TeraGo Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-81.29

-89.55

-104.72

-116.29

-129.48

TeraGo Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial															-125.92	-129.48	-133.02	-136.24	-139.57

TeraGo 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.

TeraGo (TSX:TGO) 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.

TeraGo Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » TeraGo Inc (TSX:TGO) » Definitions » Retained Earnings

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Address

55 Commerce Valley Drive West, Suite 800, Thornhill, ON, CAN, L3T 7V9

Website

https://www.terago.ca

TeraGo Inc provides managed network services to businesses across Canada. The company owns and operates a carrier-grade, fixed wireless, fibre-based, IP communications network. It earns revenue through a subscription-based business model where services are billed monthly over the term of the contract and also generates income in the form of upfront installation or other non-recurring fee.

Executives

Daniel Vucinic	Director, Senior Officer
Fadi Hajj	Senior Officer
Edgepoint Investment Group Inc.	10% Security Holder
Cymbria Corporation	10% Security Holder
Duncan Mcgregor	Senior Officer
Matthew Gerber	Senior Officer
Td Waterhouse Canada Inc.	10% Security Holder

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