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A SPAC II Acquisition (A SPAC II Acquisition) Retained Earnings : $-6.82 Mil (As of Mar. 2024)


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What is A SPAC II Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. A SPAC II Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-6.82 Mil.

A SPAC II Acquisition's quarterly retained earnings declined from Sep. 2023 ($-6.56 Mil) to Dec. 2023 ($-6.68 Mil) and declined from Dec. 2023 ($-6.68 Mil) to Mar. 2024 ($-6.82 Mil).

A SPAC II Acquisition's annual retained earnings declined from Dec. 2021 ($-0.00 Mil) to Dec. 2022 ($-5.87 Mil) and declined from Dec. 2022 ($-5.87 Mil) to Dec. 2023 ($-6.68 Mil).


A SPAC II Acquisition Retained Earnings Historical Data

The historical data trend for A SPAC II 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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A SPAC II Acquisition Retained Earnings Chart

A SPAC II Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
- -5.87 -6.68

A SPAC II Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -6.06 -6.28 -6.56 -6.68 -6.82

A SPAC II 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.


A SPAC II Acquisition  (NAS:ASCB) 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.


A SPAC II Acquisition (A SPAC II Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
289 Beach Road, Number 03-01, Singapore, SGP, 199552
Website
A SPAC II Acquisition Corp is a blank check company.
Executives
Maclean Malcolm F Iv director C/O ASPEN GROUP, INC., 1660 SOUTH ALBION STREET, SUITE 525, DENVER CO 80222
Claudius Tsang officer: CEO and CFO WICKHAMS CAY II, PO BOX 3170, ROAD TOWN, TORTOLA D8 00000
Ka Wo Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Paul Cummins director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Bryan Biniak director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Anson Chan director 289 BEACH ROAD #03-01, SINGAPORE U0 199552
Spac Ii (holdings) Acquisition Corp. 10 percent owner CHEUNG KONG CENTER, 58 FLOOR, UNIT 5801, 2 QUEENS ROAD CENTRAL, CENTRAL K3 00000

A SPAC II Acquisition (A SPAC II Acquisition) Headlines

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