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CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Retained Earnings : $-23.28 Mil (As of Jun. 2023)


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What is CC Neuberger Principal Holdings III Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. CC Neuberger Principal Holdings III's retained earnings for the quarter that ended in Jun. 2023 was $-23.28 Mil.

CC Neuberger Principal Holdings III's quarterly retained earnings declined from Dec. 2022 ($-16.11 Mil) to Mar. 2023 ($-22.40 Mil) and declined from Mar. 2023 ($-22.40 Mil) to Jun. 2023 ($-23.28 Mil).

CC Neuberger Principal Holdings III's annual retained earnings declined from Dec. 2020 ($-0.01 Mil) to Dec. 2021 ($-44.24 Mil) but then increased from Dec. 2021 ($-44.24 Mil) to Dec. 2022 ($-16.11 Mil).


CC Neuberger Principal Holdings III Retained Earnings Historical Data

The historical data trend for CC Neuberger Principal 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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CC Neuberger Principal Holdings III Retained Earnings Chart

CC Neuberger Principal Holdings III Annual Data
Trend Dec20 Dec21 Dec22
Retained Earnings
-0.01 -44.24 -16.11

CC Neuberger Principal Holdings III Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -20.44 -18.59 -16.11 -22.40 -23.28

CC Neuberger Principal 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.


CC Neuberger Principal Holdings III  (NYSE:PRPC.U) 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.


CC Neuberger Principal Holdings III (CC Neuberger Principal Holdings III) Business Description

Traded in Other Exchanges
N/A
Address
200 Park Avenue, 58th Floor, New York, NY, USA, 10166
CC Neuberger Principal Holdings III is a blank check company.
Executives
Matthew Mannelly director C/O SPARTANNASH, 850 76TH SW, GRAND RAPIDS MI 49518
Hackney Jesse Joel Jr director 2355 WAUKEGAN ROAD, BANNOCKBURN IL 60015
Chinh Chu director, officer: Chief Executive Officer THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154
Jason K Giordano officer: EVP, Corporate Development 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Matthew Skurbe officer: Chief Financial Officer C/O CC NEUBERGER PRINCIPAL HOLDINGS II, 200 PARK AVE, 58TH FLOOR, NEW YORK NY 10166
Keith W Abell director 388 GREENWICH STREET 36TH FLOOR, NEW YORK NY 10013
Douglas Newton officer: EVP, Corporate Development 1701 VILLAGE CENTER CIRCLE, LAS VEGAS NV 89134
Charles Kantor director C/O NEUBERGER BERMAN, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104
Cc Neuberger Principal Holdings Iii Sponsor Llc director, 10 percent owner C/O CC CAPITAL, 200 PARK AVENUE, 58TH FLOOR, NEW YORK NY 10166

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