Social Capital Hedosophia Holdings III (Social Capital Hedosophia Holdings III) Retained Earnings : $-2.37 Mil (As of Sep. 2020)

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What is Social Capital Hedosophia Holdings III Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Social Capital Hedosophia Holdings III's retained earnings for the quarter that ended in Sep. 2020 was $-2.37 Mil.

Social Capital Hedosophia Holdings III's quarterly retained earnings declined from Mar. 2020 ($-0.02 Mil) to Jun. 2020 ($-0.07 Mil) and declined from Jun. 2020 ($-0.07 Mil) to Sep. 2020 ($-2.37 Mil).

Social Capital Hedosophia Holdings III's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2019 ($-0.02 Mil).

Social Capital Hedosophia Holdings III Retained Earnings Historical Data

The historical data trend for Social Capital Hedosophia Holdings III'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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Social Capital Hedosophia Holdings III Retained Earnings Chart

Social Capital Hedosophia Holdings III Annual Data

Trend

Dec19

Retained Earnings

-0.02

Social Capital Hedosophia Holdings III Quarterly Data
	Dec19	Mar20	Jun20	Sep20
Retained Earnings	-0.02	-0.02	-0.07	-2.37

Social Capital Hedosophia Holdings III 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.

Social Capital Hedosophia Holdings III (NYSE:IPOC.U) 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.

Social Capital Hedosophia Holdings III (Social Capital Hedosophia Holdings III) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Social Capital Hedosophia Holdings Corp III (NYSE:IPOC.U) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

317 University Avenue, Suite 200, Palo Alto, CA, USA, 94301

Website

http://www.socialcapitalhedosophiaholdings.com

Social Capital Hedosophia Holdings Corp III is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses.

Executives

Jacqueline D Reses	director	C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
James Ryans	director	C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Ian Osborne	director, 10 percent owner, officer: President	YALDING HOUSE, 152 GREAT PORTLAND STREET, LONDON X0 W1W6AJ
Chamath Palihapitiya	director, 10 percent owner, officer: CEO & Chairman of the Board	THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Steven Trieu	officer: Chief Financial Officer	C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Williams Simon P.v.	officer: General Counsel and Secretary	YALDING HOUSE, 152 GREAT PORTLAND STREET, LONDON X0 W1W6AJ
Sch Sponsor Iii Llc	director, 10 percent owner	120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Chachacha Spac C, Llc	director, 10 percent owner	120 HAWTHORNE AVENUE, PALO ALTO CA 94301