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Jackson Acquisition Co (Jackson Acquisition Co) Retained Earnings : $-7.86 Mil (As of Mar. 2023)


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What is Jackson Acquisition Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Jackson Acquisition Co's retained earnings for the quarter that ended in Mar. 2023 was $-7.86 Mil.

Jackson Acquisition Co's quarterly retained earnings increased from Sep. 2022 ($-10.19 Mil) to Dec. 2022 ($-7.91 Mil) and increased from Dec. 2022 ($-7.91 Mil) to Mar. 2023 ($-7.86 Mil).

Jackson Acquisition Co's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-15.74 Mil) and increased from Dec. 2021 ($-15.74 Mil) to Dec. 2022 ($-7.91 Mil).


Jackson Acquisition Co Retained Earnings Historical Data

The historical data trend for Jackson Acquisition Co'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.

Jackson Acquisition Co Retained Earnings Chart

Jackson Acquisition Co Annual Data
Trend Dec21 Dec22
Retained Earnings
-15.74 -7.91

Jackson Acquisition Co Quarterly Data
Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -11.44 -10.64 -10.19 -7.91 -7.86

Jackson Acquisition Co 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.


Jackson Acquisition Co  (NYSE:RJAC) 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.


Jackson Acquisition Co (Jackson Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
2655 Northwinds Parkway, Alpharetta, GA, USA, 30009
Jackson Acquisition Co is a blank check company.
Executives
David A Perdue director
Marilyn B Tavenner director 13600 BUTLERS ROAD, AMELIA COURT HOUSE VA 23002
Richard Lee Jackson director, 10 percent owner, officer: President and CEO 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Carlos A Migoya director 1301 CONCORD TERRACE, SUNRISE FL 33323
John Ellis Bush director 1200 ANASTASIA, SUITE 500, CORAL GABLES FL 33134
Douglas B Kline officer: CFO and Treasurer C/O JACKSON ACQUISITION COMPANY, 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009
Rj Healthcare Spac, Llc 10 percent owner C/O JACKSON ACQUISITION COMPANY, 2655 NORTHWINDS PARKWAY, ALPHARETTA GA 30009

Jackson Acquisition Co (Jackson Acquisition Co) Headlines

From GuruFocus

Jackson Acquisition Company Announces It Will Redeem its Public Shares

By Business Wire Business Wire 05-10-2023