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Social Capital Suvretta Holdings II (Social Capital Suvretta Holdings II) Retained Earnings : $-7.71 Mil (As of Mar. 2023)


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What is Social Capital Suvretta Holdings II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Social Capital Suvretta Holdings II's retained earnings for the quarter that ended in Mar. 2023 was $-7.71 Mil.

Social Capital Suvretta Holdings II's quarterly retained earnings declined from Sep. 2022 ($-7.27 Mil) to Dec. 2022 ($-7.47 Mil) and declined from Dec. 2022 ($-7.47 Mil) to Mar. 2023 ($-7.71 Mil).

Social Capital Suvretta Holdings II's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-6.61 Mil) but then declined from Dec. 2021 ($-6.61 Mil) to Dec. 2022 ($-7.47 Mil).


Social Capital Suvretta Holdings II Retained Earnings Historical Data

The historical data trend for Social Capital Suvretta Holdings II'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.

* Premium members only.

Social Capital Suvretta Holdings II Retained Earnings Chart

Social Capital Suvretta Holdings II Annual Data
Trend Dec21 Dec22
Retained Earnings
-6.61 -7.47

Social Capital Suvretta Holdings II Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -6.81 -7.06 -7.27 -7.47 -7.71

Social Capital Suvretta Holdings II 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.


Social Capital Suvretta Holdings II  (NAS:DNAB) 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.


Social Capital Suvretta Holdings II (Social Capital Suvretta Holdings II) Business Description

Traded in Other Exchanges
N/A
Address
2850 W. Horizon Ridge Parkway, Suite 200, Henderson, NV, USA, 89052
Social Capital Suvretta Holdings Corp II is a blank check company.
Executives
Robert Berman director C/O BIOHAVEN PHARMACEUTICAL HOLDING COMP, 234 CHURCH STREET, NEW HAVEN CT 06510
Sean P. Nolan director C/O INTERMUNE, INC., 3280 BAYSHORE BLVD., BRISBANE CA 94005
Sapna Srivastava director C/O MYOS CORPORATION, 45 HORSEHILL ROAD, SUITE 106, CEDAR KNOLLS NJ 07927
James Ryans officer: Chief Financial Officer C/O SOCIAL CAPITAL, 120 HAWTHORNE AVENUE, PALO ALTO CA 94301
Chamath Palihapitiya other: Manager THE SOCIAL-CAPITAL PARTNERSHIP, L.L.C., 506 SANTA CRUZ AVENUE, SUITE 300, MENLO PARK CA 94025
Kishan Mehta other: Manager 540 WEST 49TH STREET, UNIT# PH1N, NEW YORK NY 10019
Shoney Katz officer: Director of Research 22 CORNELIA DRIVE, GREENWICH CT 06830
Aaron Cowen other: Manager of Minority Owner 540 MADISON AVENUE, 7TH FLOOR, NEW YORK NY 10022
Scs Sponsor Ii Llc director, 10 percent owner 2850 W. HORIZON RIDGE PARKWAY, SUITE 200, HENDERSON NV 89052
Chachacha Dna Ii, Llc other: Majority Owner 317 UNIVERSITY AVE, SUITE 200, PALO ALTO CA 94301

Social Capital Suvretta Holdings II (Social Capital Suvretta Holdings II) Headlines