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Supernova Partners Acquisition Co II (Supernova Partners Acquisition Co II) Retained Earnings : $-46.48 Mil (As of Dec. 2021)


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What is Supernova Partners Acquisition Co II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Supernova Partners Acquisition Co II's retained earnings for the quarter that ended in Dec. 2021 was $-46.48 Mil.

Supernova Partners Acquisition Co II's quarterly retained earnings declined from Jun. 2021 ($-3.62 Mil) to Sep. 2021 ($-22.25 Mil) and declined from Sep. 2021 ($-22.25 Mil) to Dec. 2021 ($-46.48 Mil).

Supernova Partners Acquisition Co II's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.02 Mil) but then declined from Dec. 2020 ($-0.02 Mil) to Dec. 2021 ($-46.48 Mil).


Supernova Partners Acquisition Co II Retained Earnings Historical Data

The historical data trend for Supernova Partners Acquisition Co II'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.

Supernova Partners Acquisition Co II Retained Earnings Chart

Supernova Partners Acquisition Co II Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.02 -46.48

Supernova Partners Acquisition Co II Semi-Annual Data
Mar21 Jun21 Sep21 Dec21
Retained Earnings -1.17 -3.62 -22.25 -46.48

Supernova Partners Acquisition Co II 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.


Supernova Partners Acquisition Co II  (NYSE:SNII.WS) 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.


Supernova Partners Acquisition Co II (Supernova Partners Acquisition Co II) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
4301 50th Street NW, Suite 300 PMB 1044, Washington, WA, USA, 20016
Supernova Partners Acquisition Co II Ltd is a blank check company.

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