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GSR II Meteora Acquisition (GSR II Meteora Acquisition) Retained Earnings : $-4.29 Mil (As of Mar. 2023)


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What is GSR II Meteora Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GSR II Meteora Acquisition's retained earnings for the quarter that ended in Mar. 2023 was $-4.29 Mil.

GSR II Meteora Acquisition's quarterly retained earnings increased from Sep. 2022 ($-2.94 Mil) to Dec. 2022 ($-2.21 Mil) but then declined from Dec. 2022 ($-2.21 Mil) to Mar. 2023 ($-4.29 Mil).

GSR II Meteora Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-0.01 Mil) but then declined from Dec. 2021 ($-0.01 Mil) to Dec. 2022 ($-2.21 Mil).


GSR II Meteora Acquisition Retained Earnings Historical Data

The historical data trend for GSR II Meteora 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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GSR II Meteora Acquisition Retained Earnings Chart

GSR II Meteora Acquisition Annual Data
Trend Dec21 Dec22
Retained Earnings
-0.01 -2.21

GSR II Meteora Acquisition Quarterly Data
Nov21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial -0.45 -0.59 -2.94 -2.21 -4.29

GSR II Meteora 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.


GSR II Meteora Acquisition  (NAS:GSRMU) 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.


GSR II Meteora Acquisition (GSR II Meteora Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
418 Broadway, Suite N, Albany, NY, USA, 12207
Website
GSR II Meteora Acquisition Corp is a blank check company.

GSR II Meteora Acquisition (GSR II Meteora Acquisition) Headlines

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