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Schultze Special Purpose Acquisition (Schultze Special Purpose Acquisition) Retained Earnings : $1.66 Mil (As of Sep. 2020)


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What is Schultze Special Purpose Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Schultze Special Purpose Acquisition's retained earnings for the quarter that ended in Sep. 2020 was $1.66 Mil.

Schultze Special Purpose Acquisition's quarterly retained earnings declined from Mar. 2020 ($2.16 Mil) to Jun. 2020 ($1.91 Mil) and declined from Jun. 2020 ($1.91 Mil) to Sep. 2020 ($1.66 Mil).

Schultze Special Purpose Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2018 ($0.02 Mil) and increased from Dec. 2018 ($0.02 Mil) to Dec. 2019 ($1.83 Mil).


Schultze Special Purpose Acquisition Retained Earnings Historical Data

The historical data trend for Schultze Special Purpose 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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Schultze Special Purpose Acquisition Retained Earnings Chart

Schultze Special Purpose Acquisition Annual Data
Trend Dec18 Dec19
Retained Earnings
0.02 1.83

Schultze Special Purpose Acquisition Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Retained Earnings Get a 7-Day Free Trial Premium Member Only 1.53 1.83 2.16 1.91 1.66

Schultze Special Purpose 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.


Schultze Special Purpose Acquisition  (NAS:SAMA) 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.


Schultze Special Purpose Acquisition (Schultze Special Purpose Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
800 Westchester Avenue, Suite 632, Rye Brook, NY, USA, 10573
Schultze Special Purpose Acquisition Corp is a blank check company.