TMC The Metals Co (TMC The Metals Co) Retained Earnings : $-548.90 Mil (As of Dec. 2023)

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What is TMC The Metals Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TMC The Metals Co's retained earnings for the quarter that ended in Dec. 2023 was $-548.90 Mil.

TMC The Metals Co's quarterly retained earnings declined from Jun. 2023 ($-489.23 Mil) to Sep. 2023 ($-501.69 Mil) and declined from Sep. 2023 ($-501.69 Mil) to Dec. 2023 ($-548.90 Mil).

TMC The Metals Co's annual retained earnings declined from Dec. 2021 ($-304.16 Mil) to Dec. 2022 ($-475.12 Mil) and declined from Dec. 2022 ($-475.12 Mil) to Dec. 2023 ($-548.90 Mil).

TMC The Metals Co Retained Earnings Historical Data

The historical data trend for TMC The Metals 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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TMC The Metals Co Retained Earnings Chart

TMC The Metals Co Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

-162.86

-304.16

-475.12

-548.90

TMC The Metals Co Quarterly Data
	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Retained Earnings	Get a 7-Day Free Trial									-475.12	-475.12	-489.23	-501.69	-548.90

TMC The Metals 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.

TMC The Metals Co (NAS:TMCWW) 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.

TMC The Metals Co (TMC The Metals Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » TMC The Metals Co Inc (NAS:TMCWW) » Definitions » Retained Earnings

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TMC:USA

Address

595 Howe Street, 10th Floor, Vancouver, BC, CAN, V6C 2T5

Website

https://www.metals.co

TMC The Metals Co Inc is a deep-sea minerals exploration company focused on the collection, processing and refining of polymetallic nodules found on the seafloor in international waters of the Clarion Clipperton Zone. Geographically, the company has its presence in Nauru, Singapore, Tonga and North America.