GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Transportadora de Gas del Sur SA (NYSE:TGS) » Definitions » Retained Earnings

Transportadora de Gas del Sur (Transportadora de Gas del Sur) Retained Earnings : $65 Mil (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Transportadora de Gas del Sur Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Transportadora de Gas del Sur's retained earnings for the quarter that ended in Dec. 2023 was $65 Mil.

Transportadora de Gas del Sur's quarterly retained earnings increased from Jun. 2023 ($80 Mil) to Sep. 2023 ($88 Mil) but then declined from Sep. 2023 ($88 Mil) to Dec. 2023 ($65 Mil).

Transportadora de Gas del Sur's annual retained earnings increased from Dec. 2021 ($404 Mil) to Dec. 2022 ($600 Mil) but then declined from Dec. 2022 ($600 Mil) to Dec. 2023 ($65 Mil).


Transportadora de Gas del Sur Retained Earnings Historical Data

The historical data trend for Transportadora de Gas del Sur'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.

* Premium members only.

Transportadora de Gas del Sur Retained Earnings Chart

Transportadora de Gas del Sur Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 310.13 60.95 403.73 600.30 65.15

Transportadora de Gas del Sur Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 600.30 227.81 79.63 87.58 65.15

Transportadora de Gas del Sur 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.


Transportadora de Gas del Sur  (NYSE:TGS) 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.


Transportadora de Gas del Sur (Transportadora de Gas del Sur) Business Description

Traded in Other Exchanges
Address
Don Bosco 3672, 5th Floor, Buenos Aires, ARG, C1206ABF
Transportadora de Gas del Sur SA is one of the largest transporters of natural gas in Latin America. The company's operating segments include Natural Gas Transportation, Production and Commercialization of Liquids, Other Services, and Telecommunications. It generates maximum revenue from the Production and Commercialization of the Liquids segment. Geographically, it derives the majority of its revenue from Argentina.

Transportadora de Gas del Sur (Transportadora de Gas del Sur) Headlines