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NVAC (NorthView Acquisition) Retained Earnings : $-5.08 Mil (As of Jun. 2024)


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What is NorthView Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NorthView Acquisition's retained earnings for the quarter that ended in Jun. 2024 was $-5.08 Mil.

NorthView Acquisition's quarterly retained earnings declined from Dec. 2023 ($-3.46 Mil) to Mar. 2024 ($-4.50 Mil) and declined from Mar. 2024 ($-4.50 Mil) to Jun. 2024 ($-5.08 Mil).

NorthView Acquisition's annual retained earnings increased from Dec. 2021 ($-5.91 Mil) to Dec. 2022 ($-0.62 Mil) but then declined from Dec. 2022 ($-0.62 Mil) to Dec. 2023 ($-3.46 Mil).


NorthView Acquisition Retained Earnings Historical Data

The historical data trend for NorthView 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.

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NorthView Acquisition Retained Earnings Chart

NorthView Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-5.91 -0.62 -3.46

NorthView Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.87 -3.48 -3.46 -4.50 -5.08

NorthView 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.


NorthView Acquisition  (NAS:NVAC) 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.


NorthView Acquisition Business Description

Traded in Other Exchanges
N/A
Address
207 West 25th Street, 9th Floor, New York, NY, USA, 10001
NorthView Acquisition Corp is a newly organized blank check company.
Executives
Jack E Stover director, 10 percent owner, officer: Chief Executive Officer C/O SICOR INC, 19 HUGHES, IRVINE CA 92618-1902
Fred S. Knechtel director, 10 percent owner, officer: Chief Financial Officer REMY INTERNATIONAL, INC., 600 CORPORATION DR., PENDLETON IN 46064
Lauren Chung director 1620 BEACON STREET, OXNARD CA 93033
Ed Sylvester Johnson director C/O NORTHVIEW ACQUISITION CORP., 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Peter O'rourke director C/O NORTHVIEW ACQUISITION CORP., 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001
Northview Sponsor I, Llc 10 percent owner C/O NORTHVIEW ACQUISITION CORP., 207 WEST 25TH STREET, 9TH FLOOR, NEW YORK NY 10001