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Monument Circle Acquisition (Monument Circle Acquisition) Retained Earnings : $-10.45 Mil (As of Sep. 2022)


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What is Monument Circle Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Monument Circle Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-10.45 Mil.

Monument Circle Acquisition's quarterly retained earnings increased from Mar. 2022 ($-13.04 Mil) to Jun. 2022 ($-10.82 Mil) and increased from Jun. 2022 ($-10.82 Mil) to Sep. 2022 ($-10.45 Mil).

Monument Circle Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.00 Mil) but then declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-18.36 Mil).


Monument Circle Acquisition Retained Earnings Historical Data

The historical data trend for Monument Circle 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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Monument Circle Acquisition Retained Earnings Chart

Monument Circle Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
- -18.36

Monument Circle Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only -19.24 -18.36 -13.04 -10.82 -10.45

Monument Circle 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.


Monument Circle Acquisition  (NAS:MON) 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.


Monument Circle Acquisition (Monument Circle Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
One EMMIS Plaza, 40 Monument Circle, Suite 700, Indianapolis, IN, USA, 46204
Monument Circle Acquisition Corp is a blank check company.
Executives
Stanley P Gold director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Patrick M Walsh director, officer: President, COO & Director 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Jeffrey H Smulyan director, 10 percent owner, officer: Chairman & CEO
Ryan A Hornaday officer: EVP, CFO & Treasurer 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
J. Scott Enright officer: EVP, Gen. Counsel & Secretary 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Emmis Operating Co director, other: See footnote(2) C/O EMMIS COMMUNICATIONS, 40 MONUMENT CIRCLE 7TH FLOOR, INDIANAPOLIS IN 46204
Stephen Goldsmith director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Monument Circle Sponsor Llc other: See footnote(2) ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Traug Keller director ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204
Chase Rupe officer: SVP, Strategy & Corp. Dev. ONE EMMIS PLAZA, 40 MONUMENT CIRCLE, SUITE 700, INDIANAPOLIS IN 46204

Monument Circle Acquisition (Monument Circle Acquisition) Headlines