Tanganda Tea Co (XZIM:TANGANDA) Retained Earnings : ZWG340.1 Mil (As of Sep. 2024)

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What is Tanganda Tea Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tanganda Tea Co's retained earnings for the quarter that ended in Sep. 2024 was ZWG340.1 Mil.

Tanganda Tea Co's quarterly retained earnings increased from Sep. 2023 (ZWG303.4 Mil) to Mar. 2024 (ZWG356.4 Mil) but then declined from Mar. 2024 (ZWG356.4 Mil) to Sep. 2024 (ZWG340.1 Mil).

Tanganda Tea Co's annual retained earnings increased from . 20 (ZWG0.0 Mil) to Sep. 2023 (ZWG303.4 Mil) and increased from Sep. 2023 (ZWG303.4 Mil) to Sep. 2024 (ZWG340.1 Mil).

Tanganda Tea Co Retained Earnings Historical Data

The historical data trend for Tanganda Tea Co'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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Tanganda Tea Co Retained Earnings Chart

Tanganda Tea Co Annual Data

Trend

Sep23

Sep24

Retained Earnings

303.40

340.13

Tanganda Tea Co Semi-Annual Data
	Mar23	Sep23	Mar24	Sep24
Retained Earnings	-	303.40	356.39	340.13

Tanganda Tea Co 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.

Tanganda Tea Co (XZIM:TANGANDA) 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.

Tanganda Tea Co Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Consumer Packaged Goods » Tanganda Tea Co Ltd (XZIM:TANGANDA) » Definitions » Retained Earnings

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Traded in Other Exchanges

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Address

194 Mutare Road, P.O. Box 10078, Msasa, Harare, ZWE

Website

https://www.tangandatea.com

Tanganda Tea Co Ltd is a producer, packer, and distributor of tea in Zimbabwe. The company has also developed the hectarage of macadamia nuts and avocados. It also engaged in producing coffee and bottled spring water. The company is organized into two operating segments: Agriculture and Beverage. It generates the majority of its revenue from the Agriculture segment.

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