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HPX (HPX.U) Retained Earnings : $-18.24 Mil (As of Sep. 2022)


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What is HPX Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. HPX's retained earnings for the quarter that ended in Sep. 2022 was $-18.24 Mil.

HPX's quarterly retained earnings declined from Mar. 2022 ($-13.74 Mil) to Jun. 2022 ($-14.23 Mil) and declined from Jun. 2022 ($-14.23 Mil) to Sep. 2022 ($-18.24 Mil).

HPX's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-28.85 Mil) and increased from Dec. 2020 ($-28.85 Mil) to Dec. 2021 ($-19.48 Mil).

HPX Retained Earnings Historical Data

The historical data trend for HPX'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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HPX Retained Earnings Chart

HPX Annual Data
Trend Dec20 Dec21
Retained Earnings
-28.85 -19.48

HPX Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -21.29 -19.48 -13.74 -14.23 -18.24

HPX 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.

HPX  (AMEX:HPX.U) 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.

HPX (HPX.U) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » HPX Corp (AMEX:HPX.U) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
1000 North West Street, Suite 1200, Wilmington, DE, USA, 19801
Website
https://www.hpxcorp.com
HPX Corp is a blank check company.
Executives
Ruffalo James A & Margaret M 10 percent owner 14 COPPALA COURT, CLIFTON NJ 070131543
Goncalves Betiol Wolney Edirley director C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Rafael Salvador Grisolia director C/O HPX CORP., 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Bernardo Hees director C/O BUNGE LIMITED, 1391 TIMBERLAKE MANOR PARKWAY, CHESTERFIELD MO 63017
Hpx Capital Partners Llc director, 10 percent owner 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Piani Carlos Augusto Leone director, officer: CEO and CFO C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Fabio Mourao director C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Pinheiro Maria Salete Garcia director C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Rodrigo Guedes Xavier director C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Marco Racy Kheirallah director C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801
Peigo Marcos Vinicius Bernardes director C/O HPX CAPITAL PARTNERS LLC, 1000 N. WEST STREET, SUITE 1200, WILMINGTON DE 19801