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DiamondHead Holdings (DiamondHead Holdings) Retained Earnings : $-5.36 Mil (As of Dec. 2022)


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What is DiamondHead Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. DiamondHead Holdings's retained earnings for the quarter that ended in Dec. 2022 was $-5.36 Mil.

DiamondHead Holdings's quarterly retained earnings increased from Jun. 2022 ($-13.47 Mil) to Sep. 2022 ($-5.43 Mil) and increased from Sep. 2022 ($-5.43 Mil) to Dec. 2022 ($-5.36 Mil).

DiamondHead Holdings's annual retained earnings declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-20.65 Mil) but then increased from Dec. 2021 ($-20.65 Mil) to Dec. 2022 ($-5.36 Mil).

DiamondHead Holdings Retained Earnings Historical Data

The historical data trend for DiamondHead Holdings'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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DiamondHead Holdings Retained Earnings Chart

DiamondHead Holdings Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
- -20.65 -5.36

DiamondHead Holdings Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
Retained Earnings Get a 7-Day Free Trial Premium Member Only -20.65 -17.02 -13.47 -5.43 -5.36

DiamondHead Holdings 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.

DiamondHead Holdings  (NAS:DHHCU) 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.

DiamondHead Holdings (DiamondHead Holdings) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » DiamondHead Holdings Corp (NAS:DHHCU) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
Website
DiamondHead Holdings Corp is a blank check company.
Executives
Micenko John G. Jr. officer: President 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Erin Reeves Mcginnis officer: GC and Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Jason A. Enoch director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Michael P. Nieri director, 10 percent owner, officer: Chairman, CEO, and President 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Twine Ray Shelton Iii 10 percent owner, officer: Chief Operating Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Robert F. Dozier director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Pennington W. Nieri 10 percent owner 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Stephen C. Lenker officer: Exec. VP, G.C., & Corp. Sec. 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
O'grady Clive R.g. director, officer: Chief Administrative Officer 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Eric S. Bland director 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Penny Robert Earl Jr. officer: Executive VP - Sales 90 N. ROYAL TOWER DRIVE, IRMO SC 29063
Conversant Opportunity Master Fund Lp director 90 PARK AVENUE, 32ND FLOOR, NEW YORK NY 10016
Pwn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Pmn Trust 2018 Dated 7/17/2018 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063
Patrick Michael Nieri 10 percent owner 90 N ROYAL TOWER DRIVE, IRMO SC 29063