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

Healthcare Services Acquisition (Healthcare Services Acquisition) Retained Earnings : $-16.93 Mil (As of Sep. 2022)


View and export this data going back to 2020. Start your Free Trial

What is Healthcare Services Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Healthcare Services Acquisition's retained earnings for the quarter that ended in Sep. 2022 was $-16.93 Mil.

Healthcare Services Acquisition's quarterly retained earnings increased from Mar. 2022 ($-23.71 Mil) to Jun. 2022 ($-18.48 Mil) and increased from Jun. 2022 ($-18.48 Mil) to Sep. 2022 ($-16.93 Mil).

Healthcare Services Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-38.00 Mil) and increased from Dec. 2020 ($-38.00 Mil) to Dec. 2021 ($-27.38 Mil).


Healthcare Services Acquisition Retained Earnings Historical Data

The historical data trend for Healthcare Services 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.

* Premium members only.

Healthcare Services Acquisition Retained Earnings Chart

Healthcare Services Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
-38.00 -27.38

Healthcare Services Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial -30.77 -27.38 -23.71 -18.48 -16.93

Healthcare Services 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.


Healthcare Services Acquisition  (NAS:HCARU) 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.


Healthcare Services Acquisition (Healthcare Services Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7809 Woodmont Avenue, Suite 200, Bethesda, MD, USA, 20814
Healthcare Services Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Brian T Griffin director
David T Blair director, officer: CEO and Chairman of the Board HEALTHEXTRAS, INC, 800 KING FARM BLVD, 4TH FL, ROCKVILLE MD 20850
Michael P Donovan director HEALTHEXTRAS, INC, 800 KING FARM BLVD, 4TH FL, ROCKVILLE MD 20850
Jeanne L. Manischewitz director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Martin J. Payne director, officer: President and Director 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Joshua B. Lynn officer: Chief Financial Officer 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814
Tao Tan officer: Chief Operating Officer 7809 WOODMONT AVENUE, SUITE 200, BETHESDA MD 20814