GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Corazon Capital V838 Monoceros Corp (NAS:CRZNU) » Definitions » Retained Earnings

Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Retained Earnings : $-7.10 Mil (As of Sep. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Corazon Capital V838 Monoceros Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Corazon Capital V838 Monoceros's retained earnings for the quarter that ended in Sep. 2022 was $-7.10 Mil.

Corazon Capital V838 Monoceros's quarterly retained earnings increased from Mar. 2022 ($-10.20 Mil) to Jun. 2022 ($-7.74 Mil) and increased from Jun. 2022 ($-7.74 Mil) to Sep. 2022 ($-7.10 Mil).

Corazon Capital V838 Monoceros's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2021 ($-13.85 Mil).


Corazon Capital V838 Monoceros Retained Earnings Historical Data

The historical data trend for Corazon Capital V838 Monoceros'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.

Corazon Capital V838 Monoceros Retained Earnings Chart

Corazon Capital V838 Monoceros Annual Data
Trend Dec21
Retained Earnings
-13.85

Corazon Capital V838 Monoceros Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial -15.68 -13.85 -10.20 -7.74 -7.10

Corazon Capital V838 Monoceros 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.


Corazon Capital V838 Monoceros  (NAS:CRZNU) 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.


Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Business Description

Traded in Other Exchanges
N/A
Address
222 West Merchandise Mart Plaza, Box No. 2982, Chicago, IL, USA, 60654
Corazon Capital V838 Monoceros Corp is a blank check company.
Executives
Sally Storie director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Michael Gamson director C/O LINKEDIN CORPORATION, 2029 STIERLIN COURT, MOUNTAIN VIEW CA 94043
Sam Yagan director, 10 percent owner, officer: Chief Executive Officer 1753 N. WOOD ST., CHICAGO IL 60622
Corazon V838 Monoceros Sponsor Llc 10 percent owner 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Steven Farsht director, 10 percent owner, officer: Chief Financial Officer C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Brooke Skinner Ricketts director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Christian Rudder director C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657
Philip Schwarz officer: Chief Strategy Officer C/O CORAZON CAPITAL, 1322 WEST HENDERSON STREET, CHICAGO IL 60657

Corazon Capital V838 Monoceros (Corazon Capital V838 Monoceros) Headlines