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Jaws Mustang Acquisition (Jaws Mustang Acquisition) Retained Earnings : $-6.44 Mil (As of Dec. 2023)


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What is Jaws Mustang Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jaws Mustang Acquisition's retained earnings for the quarter that ended in Dec. 2023 was $-6.44 Mil.

Jaws Mustang Acquisition's quarterly retained earnings increased from Jun. 2023 ($-20.88 Mil) to Sep. 2023 ($-5.72 Mil) but then declined from Sep. 2023 ($-5.72 Mil) to Dec. 2023 ($-6.44 Mil).

Jaws Mustang Acquisition's annual retained earnings increased from Dec. 2021 ($-73.87 Mil) to Dec. 2022 ($-42.49 Mil) and increased from Dec. 2022 ($-42.49 Mil) to Dec. 2023 ($-6.44 Mil).


Jaws Mustang Acquisition Retained Earnings Historical Data

The historical data trend for Jaws Mustang Acquisition'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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Jaws Mustang Acquisition Retained Earnings Chart

Jaws Mustang Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-0.01 -73.87 -42.49 -6.44

Jaws Mustang Acquisition Quarterly Data
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 -42.49 -22.89 -20.88 -5.72 -6.44

Jaws Mustang Acquisition 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.


Jaws Mustang Acquisition  (AMEX:JWSM) 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.


Jaws Mustang Acquisition (Jaws Mustang Acquisition) Business Description

Traded in Other Exchanges
Address
1601 Washington Avenue, Suite 800, Miami Beach, FL, USA, 33139
Website
Jaws Mustang Acquisition Corp is a blank check company. it is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business.
Executives
John J Legere director 1672 GALLEON DR., NAPLES FL 34102
Barry S Sternlicht director, 10 percent owner STARWOOD CAPITAL GROUP GLOBAL LP, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
David Helfand director C/O MANUFACTURED HOME COMMUNITIES INC, 2 N RIVERSIDE PLAZA #800, CHICAGO IL 60606
Elizabeth C Fascitelli director C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Matthew Joseph Walters officer: Chief Operating Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Mustang Sponsor Llc 10 percent owner 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Andrew Klaber director, officer: Chief Executive Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Michael Reidler officer: Chief Financial Officer 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139