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Enterprise 4.0 Technology Acquisition (Enterprise 4.0 Technology Acquisition) Retained Earnings : $-17.40 Mil (As of Mar. 2023)


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What is Enterprise 4.0 Technology Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Enterprise 4.0 Technology Acquisition's retained earnings for the quarter that ended in Mar. 2023 was $-17.40 Mil.

Enterprise 4.0 Technology Acquisition's quarterly retained earnings declined from Sep. 2022 ($-16.93 Mil) to Dec. 2022 ($-17.11 Mil) and declined from Dec. 2022 ($-17.11 Mil) to Mar. 2023 ($-17.40 Mil).

Enterprise 4.0 Technology Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-16.31 Mil) but then declined from Dec. 2021 ($-16.31 Mil) to Dec. 2022 ($-17.11 Mil).

Enterprise 4.0 Technology Acquisition Retained Earnings Historical Data

The historical data trend for Enterprise 4.0 Technology 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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Enterprise 4.0 Technology Acquisition Retained Earnings Chart

Enterprise 4.0 Technology Acquisition Annual Data
Trend Dec21 Dec22
Retained Earnings
-16.31 -17.11

Enterprise 4.0 Technology Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial -16.46 -16.75 -16.93 -17.11 -17.40

Enterprise 4.0 Technology 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.

Enterprise 4.0 Technology Acquisition  (NAS:ENTF) 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.

Enterprise 4.0 Technology Acquisition (Enterprise 4.0 Technology Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Enterprise 4.0 Technology Acquisition Corp (NAS:ENTF) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
630 Ramona St., Palo Alto, CA, USA, 94301
Website
https://www.ent40acquisitioncorp.com
Enterprise 4.0 Technology Acquisition Corp is a blank check company.
Executives
Sudhakar Ramakrishna director 4750 WILLOW RD., PLEASANTON CA 94588
Christopher B Paisley director, officer: Chief Financial Officer 14870 THREE OAKS COURT, SARATOGA CA 95070
Judith Sim director C/O FORTINET, INC., 899 KIFER ROAD, SUNNYVALE CA 94086
Eric Benhamou director, officer: Chief Executive Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Ronald Sege officer: Chief Operating Officer 350 CAMPUS DRIVE, MARLBOROUGH MA 01752
Steven C. Fletcher 10 percent owner C/O LEE ENTERPRISES, INCORPORATED, 4600 EAST 53RD STREET, DAVENPORT IA 52807
Explorer Parent Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Founder Holdings Llc 10 percent owner 533 AIRPORT BOULEVARD, SUITE 400, BURLINGAME CA 94012
Alex Serge Vieux 10 percent owner C/O COMPUTER ASSOCIATES INTER INC, ONE COMPUTER ASSOC PLAZA, ISLANDIA NY 11749
Kim Le director 1608 PALA RANCH CIRCLE, SAN JOSE CA 95133
Mona Sabet director 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010
Yashwanth Hemaraj officer: Chief Acquisition Officer 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010
Ent4.0 Technology Sponsor Llc 10 percent owner 533 AIRPORT BLVD SUITE 400, BURLINGAME CA 94010