TSS (TSSI) Retained Earnings : $-66.30 Mil (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is TSS Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. TSS's retained earnings for the quarter that ended in Mar. 2024 was $-66.30 Mil.

TSS's quarterly retained earnings increased from Sep. 2023 ($-66.65 Mil) to Dec. 2023 ($-66.31 Mil) and increased from Dec. 2023 ($-66.31 Mil) to Mar. 2024 ($-66.30 Mil).

TSS's annual retained earnings declined from Dec. 2021 ($-66.31 Mil) to Dec. 2022 ($-66.39 Mil) but then increased from Dec. 2022 ($-66.39 Mil) to Dec. 2023 ($-66.31 Mil).

TSS Retained Earnings Historical Data

The historical data trend for TSS'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.

TSS Retained Earnings Chart

TSS Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

Get a 7-Day Free Trial

-65.09

-65.02

-66.31

-66.39

-66.31

TSS Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial															-67.17	-66.86	-66.65	-66.31	-66.30

TSS 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.

TSS (OTCPK:TSSI) 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.

TSS (TSSI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » TSS Inc (OTCPK:TSSI) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

110 East Old Settlers Road, Round Rock, TX, USA, 78664

Website

https://www.totalsitesolutions.com

TSS Inc provides various services for planning, design, development, and maintenance of mission-critical facilities and information infrastructure, as well as integration services. Its services consist of technology consulting, design and engineering, project management, systems integration, systems installation, and facilities management. Its Facilities unit which is involved in the design, project management and maintenance of data center and mission-critical business operations, and Systems Integration unit that integrates IT equipment for Original Equipment Manufacturer vendors and customers to use inside data center environments, including modular data centers. The activities are organized into two segments: facilities, and systems integration. It generates revenue from United States.

Executives

Darryll E Dewan	director, officer: President and CEO	4400 VIA ESPERANZA, SANTA BARBARA CA 93110
Richard M. Metzler	director	1805 WEST AVENUE, AUSTIN TX 78701
Matt Crichton	officer: Sr. V.P., Business Development	101 LOCHINVAR COURT, CARY NC 27511
Kieran Brennan	officer: Sr. V.P., Sales & Marketing	5131 BRIARGROVE LANE, DALLAS TX 75287
Gerard J Gallagher	director, 10 percent owner, officer: President and COO	7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Glen Ikeda	10 percent owner	P.O. BOX 3306, AUBURN CA 95604
Peter H Woodward	director	30 WEST 63RD STREET, SUITE 18G, NEW YORK NY 10023
John K Penver	officer: Interim CFO	3709 HUMBLE COVE, AUSTIN TX 78730
Martin T. Olsen	officer: Exec. VP, Sales & Marketing	2128 W. BRAKER LANE BK12, AUSTIN TX 78758
Thomas P Rosato	director, 10 percent owner, officer: Chief Executive Officer	7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Maura Mcnerney	officer: Chief Financial Officer	7226 LEE DEFOREST DRIVE, SUITE 104, COLUMBIA MD 21046
Ken Schwarz	officer: Chief Financial Officer	14901 BOGLE DRIVE, SUITE 300, CHANTILLY VA 20151
Daniel J Phelps	director	1001 O'BRIEN DRIVE, MENLO PARK CA 94025
Anthony Angelini	director, officer: Chief Executive Officer
Tarsier Nanocap Value Fund, Lp	10 percent owner, other: see footnote #1	C/O HUMMINGBIRD MANAGEMENT, LLC, 145 E. 57TH STREET, 8TH FLOOR, NEW YORK NY 10022