Landcadia Holdings III (Landcadia Holdings III) Retained Earnings : $-18.17 Mil (As of Mar. 2021)

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What is Landcadia Holdings III Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Landcadia Holdings III's retained earnings for the quarter that ended in Mar. 2021 was $-18.17 Mil.

Landcadia Holdings III's quarterly retained earnings declined from Sep. 2020 ($0.00 Mil) to Dec. 2020 ($-28.89 Mil) but then increased from Dec. 2020 ($-28.89 Mil) to Mar. 2021 ($-18.17 Mil).

Landcadia Holdings III's annual retained earnings stayed the same from Dec. 2018 ($0.00 Mil) to Dec. 2019 ($0.00 Mil) but then declined from Dec. 2019 ($0.00 Mil) to Dec. 2020 ($-28.89 Mil).

Landcadia Holdings III Retained Earnings Historical Data

The historical data trend for Landcadia Holdings III'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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Landcadia Holdings III Retained Earnings Chart

Landcadia Holdings III Annual Data

Trend

Dec18

Dec19

Dec20

Retained Earnings

-28.89

Landcadia Holdings III Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Retained Earnings	Get a 7-Day Free Trial			-	-	-	-28.89	-18.17

Landcadia Holdings III 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.

Landcadia Holdings III (NAS:LCY) 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.