BKHA (Black Hawk Acquisition) Retained Earnings: $-5.11 Mil (As of May. 2026)

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BKHA Black Hawk Acquisition Corp BKHA
15 GF Score
Price $12.11
! 2 Warning Signs
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What is Black Hawk Acquisition Retained Earnings?

Black Hawk Acquisition BKHA +1.25% 15 Retained Earnings is $-5.11 Mil as of May. 2026. GuruFocus rates BKHA with a GF Score™ of 15/100. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Black Hawk Acquisition's retained earnings for the quarter that ended in May. 2026 was $-5.11 Mil.

Black Hawk Acquisition's quarterly retained earnings declined from Nov. 2025 ($-3.85 Mil) to Feb. 2026 ($-4.53 Mil) and declined from Feb. 2026 ($-4.53 Mil) to May. 2026 ($-5.11 Mil).

Black Hawk Acquisition's annual retained earnings declined from Nov. 2023 ($-0.02 Mil) to Nov. 2024 ($-2.17 Mil) and declined from Nov. 2024 ($-2.17 Mil) to Nov. 2025 ($-3.85 Mil).

Black Hawk Acquisition  (NAS:BKHA) 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.

Black Hawk Acquisition Retained Earnings Historical Data

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The historical data trend for Black Hawk 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.

Black Hawk Acquisition Retained Earnings Chart

Black Hawk Acquisition Annual Data
Trend Nov23 Nov24 Nov25
Retained Earnings
-0.02 -2.17 -3.85

Black Hawk Acquisition Quarterly Data
Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -2.53 -3.32 -3.85 -4.53 -5.11
BKHA
15GF Score
Black Hawk Acquisition Corp BKHA
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Black Hawk 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-5.11 Mil mean?
Black Hawk Acquisition (BKHA) has a Retained Earnings of $-5.11 Mil as of May. 2026. Retained earnings is the amount of net income not issued to shareholders. View historical data on Black Hawk Acquisition and its competitors.
Is Black Hawk Acquisition's Retained Earnings too high?
Black Hawk Acquisition's current Retained Earnings is $-5.11 Mil. Overall, Black Hawk Acquisition has a GF Score™ of 15/100, reflecting its overall financial health beyond just this single metric.
How does Black Hawk Acquisition's Retained Earnings compare to ALCYF and COLA?
Black Hawk Acquisition's Retained Earnings of $-5.11 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Diversified Financial Services company?
A good Retained Earnings depends on the Diversified Financial Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Black Hawk Acquisition and its competitors. Black Hawk Acquisition's current Retained Earnings is $-5.11 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Black Hawk Acquisition stock overvalued right now?
Black Hawk Acquisition (BKHA) has a current Retained Earnings of $-5.11 Mil. The current Retained Earnings is $-5.11 Mil. Black Hawk Acquisition's overall GF Score™ is 15/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Black Hawk Acquisition (BKHA), the current Retained Earnings is $-5.11 Mil as of May. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Black Hawk Acquisition Business Description

Address 4125 Blackhawk Plaza Circle, Suite 166, Danville, CA, USA, 94506
Black Hawk Acquisition Corp is a Blank check company.
15GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$12.11
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