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Broadscale Acquisition (Broadscale Acquisition) Retained Earnings : $-17.80 Mil (As of Sep. 2022)


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What is Broadscale Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Broadscale Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-17.80 Mil.

Broadscale Acquisition's quarterly retained earnings increased from Mar. 2022 ($-24.34 Mil) to Jun. 2022 ($-19.72 Mil) and increased from Jun. 2022 ($-19.72 Mil) to Sep. 2022 ($-17.80 Mil).

Broadscale Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.00 Mil) but then declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-27.61 Mil).


Broadscale Acquisition Retained Earnings Historical Data

The historical data trend for Broadscale 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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Broadscale Acquisition Retained Earnings Chart

Broadscale Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
- -27.61

Broadscale Acquisition Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial -23.61 -27.61 -24.34 -19.72 -17.80

Broadscale 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.


Broadscale Acquisition  (NAS:SCLEU) 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.


Broadscale Acquisition (Broadscale Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1845 Walnut Street, Suite 1111, Philadelphia, PA, USA, 19103
Broadscale Acquisition Corp is a blank check company.
Executives
Alexander Karsner director C/O APPLIED MATERIALS, INC., 3050 BOWERS AVENUE, P.O. BOX 58039, SANTA CLARA CA 95052-8039
Edward E Cohen director RESOURCE AMERICA INC, 1845 WALNUT ST, PHILADELPHIA PA 19103
Jeffrey F Brotman officer: CLO and Secretary 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Andrew L. Shapiro director, officer: Chief Executive Officer 430 PARK AVENUE, SUITE 1501, NEW YORK NY 10022
John P Hanna officer: CFO and Head of Acquisitions 1845 WALNUT STREET, 10TH FLOOR, PHILADELPHIA PA 19103
Nokomis Esg Sponsor Llc 10 percent owner 1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Lisa B Coca director 1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103
Georgia Levenson Keohane director 1845 WALNUT STREET SUITE 1111, PHILADELPHIA PA 19103

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