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Jack Creek Investment (Jack Creek Investment) Retained Earnings : $-24.85 Mil (As of Sep. 2022)


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What is Jack Creek Investment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jack Creek Investment's retained earnings for the quarter that ended in Sep. 2022 was $-24.85 Mil.

Jack Creek Investment's quarterly retained earnings increased from Mar. 2022 ($-18.32 Mil) to Jun. 2022 ($-16.86 Mil) but then declined from Jun. 2022 ($-16.86 Mil) to Sep. 2022 ($-24.85 Mil).

Jack Creek Investment's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.02 Mil) but then declined from Dec. 2020 ($-0.02 Mil) to Dec. 2021 ($-26.63 Mil).


Jack Creek Investment Retained Earnings Historical Data

The historical data trend for Jack Creek Investment'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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Jack Creek Investment Retained Earnings Chart

Jack Creek Investment Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.02 -26.63

Jack Creek Investment Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial -28.13 -26.63 -18.32 -16.86 -24.85

Jack Creek Investment 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.


Jack Creek Investment  (NAS:JCIC) 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.


Jack Creek Investment (Jack Creek Investment) Business Description

Traded in Other Exchanges
N/A
Address
386 Park Avenue South, Floor 20, New York, NY, USA, 10016
Website
Jack Creek Investment Corp is a blank check company.
Executives
Richard A Noll director 1000 EAST HANES MILL ROAD, C/O HANESBRANDS INC., WINSTON SALEM NC 27105
Samir Kaul director C/O KHOSLA VENTURES, 2128 SAND HILL ROAD, MENLO PARK CA 94025
Jeffrey E Kelter director C/O JACK CREEK INVESTMENT CORP., 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Savage Robert F Jr officer: Chief Executive Officer
James H Clark officer: Chief Technology Officer C/O MYCFO INC, PO BOX 10196, PALO ALTO CA 94303
Jcic Sponsor Llc director, 10 percent owner, officer: See Remarks 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Lauren D Ores officer: Chief Financial Officer 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Heather Hartnett director 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Thomas Jermoluk director 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016
Ksh Capital Lp other: Manager 386 PARK AVENUE SOUTH, FL 20, NEW YORK NY 10016

Jack Creek Investment (Jack Creek Investment) Headlines

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