ESHA (ESH Acquisition) Retained Earnings : $1.84 Mil (As of Jun. 2024)

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What is ESH Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ESH Acquisition's retained earnings for the quarter that ended in Jun. 2024 was $1.84 Mil.

ESH Acquisition's quarterly retained earnings increased from Dec. 2023 ($1.93 Mil) to Mar. 2024 ($2.01 Mil) but then declined from Mar. 2024 ($2.01 Mil) to Jun. 2024 ($1.84 Mil).

ESH Acquisition's annual retained earnings declined from Dec. 2021 ($-0.00 Mil) to Dec. 2022 ($-0.02 Mil) but then increased from Dec. 2022 ($-0.02 Mil) to Dec. 2023 ($1.93 Mil).

ESH Acquisition Retained Earnings Historical Data

The historical data trend for ESH 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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ESH Acquisition Retained Earnings Chart

ESH Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-0.02

1.93

ESH Acquisition Quarterly Data
	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Retained Earnings	Get a 7-Day Free Trial					-0.01	0.89	1.93	2.01	1.84

ESH 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.

ESH Acquisition (NAS:ESHA) 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.

ESH Acquisition Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ESH Acquisition Corp (NAS:ESHA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

228 Park Avenue S, Suite 89898, New York, NY, USA, 10003-1502

Website

ESH Acquisition Corp is a newly organized blank check company.

Executives

James L Francis	director, 10 percent owner, officer: Chief Executive Officer	1997 ANNAPOLIS EXCHANGE PARKWAY, SUITE 410, ANNAPOLIS MD 21401
Jonathan D Morris	director, officer: Chief Financial Officer	C/O IMAGEWARE SYSTEMS, INC., 13500 EVENING CREEK DRIVE N SUITE 550, SAN DIEGO CA 92128
Allen R Weiss	director	C/O DICK'S SPORTING GOODS, INC., 345 COURT STREET, CORAOPOLIS PA 15108
Christina M Francis	director	104 COLEMAN BOULEVARD, SAVANNAH GA 31408
Thomas Wolber	director	1724 WINDERMERE DOWNS PL, WINDERMERE FL 34786
Christopher Homer Ackerley	director	1840 BROADMOOR DR E, SEATTLE WA 98112
Jonathan Gordon	director	270 LAFAYETTER STREET, SUITE 810, NEW YORK NY 10012

ESH Acquisition Headlines

From GuruFocus

ESH Acquisition Corp. Announces Upcoming Automatic Unit Separation

By Marketwired • 07-20-2023

ESH Acquisition Corp. Announces Closing of Initial Public Offering

By Marketwired • 06-28-2023