BLTSW (Bright Lights Acquisition) Retained Earnings: $-12.05 Mil (As of Sep. 2022)

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BLTSW Bright Lights Acquisition Corp BLTSW
20 GF Score
Price $0.01
! 2 Warning Signs
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What is Bright Lights Acquisition Retained Earnings?

Bright Lights Acquisition BLTSW 20 Retained Earnings is $-12.05 Mil as of Sep. 2022. GuruFocus rates BLTSW with a GF Score™ of 20/100. The stock has 2 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Bright Lights Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-12.05 Mil.

Bright Lights Acquisition's quarterly retained earnings increased from Mar. 2022 ($-23.67 Mil) to Jun. 2022 ($-15.33 Mil) and increased from Jun. 2022 ($-15.33 Mil) to Sep. 2022 ($-12.05 Mil).

Bright Lights Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.00 Mil) but then declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-27.32 Mil).

Bright Lights Acquisition  (NAS:BLTSW) 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.

Bright Lights Acquisition Retained Earnings Historical Data

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The historical data trend for Bright Lights 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.

Bright Lights Acquisition Retained Earnings Chart

Bright Lights Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.00 -27.32

Bright Lights Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only -27.36 -27.32 -23.67 -15.33 -12.05
BLTSW
20GF Score
Bright Lights Acquisition Corp BLTSW
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Bright Lights 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 $-12.05 Mil mean?
Bright Lights Acquisition (BLTSW) has a Retained Earnings of $-12.05 Mil as of Sep. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on Bright Lights Acquisition and its competitors.
Is Bright Lights Acquisition's Retained Earnings too high?
Bright Lights Acquisition's current Retained Earnings is $-12.05 Mil. Overall, Bright Lights Acquisition has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Bright Lights Acquisition's Retained Earnings compare to PTIC and BHAC?
Bright Lights Acquisition's Retained Earnings of $-12.05 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 Bright Lights Acquisition and its competitors. Bright Lights Acquisition's current Retained Earnings is $-12.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bright Lights Acquisition stock overvalued right now?
Bright Lights Acquisition (BLTSW) has a current Retained Earnings of $-12.05 Mil. The current Retained Earnings is $-12.05 Mil. Bright Lights Acquisition's overall GF Score™ is 20/100 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 Bright Lights Acquisition (BLTSW), the current Retained Earnings is $-12.05 Mil as of Sep. 2022. 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.

Bright Lights Acquisition Business Description

Address 12100 Wilshire Boulevard, Suite 1150, Los Angeles, CA, USA, 90025
Bright Lights Acquisition Corp is a blank check company.
20GF Score

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

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