GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Perception Capital Corp III (NAS:PFTAU) » Definitions » Retained Earnings

Perception Capital III (Perception Capital III) Retained Earnings : $-3.29 Mil (As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Perception Capital III Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Perception Capital III's retained earnings for the quarter that ended in Dec. 2023 was $-3.29 Mil.

Perception Capital III's quarterly retained earnings declined from Jun. 2023 ($-11.52 Mil) to Sep. 2023 ($-11.59 Mil) but then increased from Sep. 2023 ($-11.59 Mil) to Dec. 2023 ($-3.29 Mil).

Perception Capital III's annual retained earnings increased from Dec. 2021 ($-17.21 Mil) to Dec. 2022 ($-9.21 Mil) and increased from Dec. 2022 ($-9.21 Mil) to Dec. 2023 ($-3.29 Mil).


Perception Capital III Retained Earnings Historical Data

The historical data trend for Perception Capital 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.

* Premium members only.

Perception Capital III Retained Earnings Chart

Perception Capital III Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-17.21 -9.21 -3.29

Perception Capital III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.21 -12.33 -11.52 -11.59 -3.29

Perception Capital 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.


Perception Capital III  (NAS:PFTAU) 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.


Perception Capital III (Perception Capital III) Business Description

Traded in Other Exchanges
Address
3109 W 50th Street, No. 207, Minneapolis, MN, USA, 55410
Perception Capital Corp III is a blank check company. It is formed for the purpose of effectuating a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or other similar business combination with one or more businesses.