MCACW (Monterey Capital Acquisition) Retained Earnings: $-40.29 Mil (As of Mar. 2024)

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MCACW Monterey Capital Acquisition Corp MCACW
22 GF Score
Price $0.01
! 1 Warning Sign
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What is Monterey Capital Acquisition Retained Earnings?

Monterey Capital Acquisition MCACW -59.60% 22 Retained Earnings is $-40.29 Mil as of Mar. 2024. GuruFocus rates MCACW with a GF Score™ of 22/100. The stock has 1 warning sign investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Monterey Capital Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-40.29 Mil.

Monterey Capital Acquisition's quarterly retained earnings declined from Sep. 2023 ($-21.75 Mil) to Dec. 2023 ($-28.92 Mil) and declined from Dec. 2023 ($-28.92 Mil) to Mar. 2024 ($-40.29 Mil).

Monterey Capital Acquisition's annual retained earnings declined from Dec. 2021 ($-0.02 Mil) to Dec. 2022 ($-8.06 Mil) and declined from Dec. 2022 ($-8.06 Mil) to Dec. 2023 ($-28.92 Mil).

Monterey Capital Acquisition  (NAS:MCACW) 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.

Monterey Capital Acquisition Retained Earnings Historical Data

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The historical data trend for Monterey Capital 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.

Monterey Capital Acquisition Retained Earnings Chart

Monterey Capital Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.02 -8.06 -28.92

Monterey Capital Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -9.37 -16.33 -21.75 -28.92 -40.29
MCACW
22GF Score
Monterey Capital Acquisition Corp MCACW
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Monterey Capital 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-40.29 Mil mean?
Monterey Capital Acquisition (MCACW) has a Retained Earnings of $-40.29 Mil as of Mar. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Monterey Capital Acquisition and its competitors.
Is Monterey Capital Acquisition's Retained Earnings too high?
Monterey Capital Acquisition's current Retained Earnings is $-40.29 Mil. Overall, Monterey Capital Acquisition has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Monterey Capital Acquisition's Retained Earnings compare to GATE and FIAC?
Monterey Capital Acquisition's Retained Earnings of $-40.29 Mil can be compared against companies in the Diversified Financial Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Diversified Financial Services company?
A good Retained Earnings depends on the Diversified Financial Services industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Monterey Capital Acquisition and its competitors. Monterey Capital Acquisition's current Retained Earnings is $-40.29 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Monterey Capital Acquisition stock overvalued right now?
Monterey Capital Acquisition (MCACW) has a current Retained Earnings of $-40.29 Mil. The current Retained Earnings is $-40.29 Mil. Monterey Capital Acquisition's overall GF Score™ is 22/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Monterey Capital Acquisition (MCACW), the current Retained Earnings is $-40.29 Mil as of Mar. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Monterey Capital Acquisition Business Description

Address 419 Webster Street, Monterey, CA, USA, 93940
Monterey Capital Acquisition Corp is a blank check company.
22GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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