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ChargePoint Holdings (ChargePoint Holdings) Retained Earnings : $-315.82 Mil (As of Dec. 2020)


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What is ChargePoint Holdings Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ChargePoint Holdings's retained earnings for the quarter that ended in Dec. 2020 was $-315.82 Mil.

ChargePoint Holdings's quarterly retained earnings declined from Jun. 2020 ($1.12 Mil) to Sep. 2020 ($0.33 Mil) and declined from Sep. 2020 ($0.33 Mil) to Dec. 2020 ($-315.82 Mil).

ChargePoint Holdings's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2019 ($-0.50 Mil) but then declined from Dec. 2019 ($-0.50 Mil) to Dec. 2020 ($-315.82 Mil).


ChargePoint Holdings Retained Earnings Historical Data

The historical data trend for ChargePoint Holdings'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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ChargePoint Holdings Retained Earnings Chart

ChargePoint Holdings Annual Data
Trend Dec19 Dec20
Retained Earnings
-0.50 -315.82

ChargePoint Holdings Quarterly Data
May19 Sep19 Mar20 Jun20 Sep20 Dec20
Retained Earnings Get a 7-Day Free Trial 0.14 1.25 1.12 0.33 -315.82

ChargePoint Holdings 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.


ChargePoint Holdings  (NYSE:SBE.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.


ChargePoint Holdings (ChargePoint Holdings) Business Description

Traded in Other Exchanges
N/A
Address
5949 Sherry Lane, Suite 1010, Dallas, TX, USA, 75225
ChargePoint Holdings Inc operates electric vehicle charging networks. The company's cloud subscription platform and software-defined charging hardware are designed to include options for every charging scenario from home and multifamily to workplace, parking, hospitality, retail and transport fleets of all types.
Executives
Glazer Capital, Llc 10 percent owner 250 WEST 55TH STREET, SUITE 30A, NEW YORK NY 10019
Paul J Glazer 10 percent owner 250 WEST 55TH ST, SUITE 30A, NEW YORK NY 10019
Scott Gieselman director, 10 percent owner REG NEWCO, INC. 416 S. BELL AVENUE, AMES IA 50010
Raymond R Kubis director 5949 SHERRY LANE SUITE 1010, DALLAS TX 75225
Scott K. Mcneill director, 10 percent owner, officer: CEO & CFO 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
James E. Mutrie director, 10 percent owner, officer: CCO, GC & Secretary 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Ngp Switchback, Llc 10 percent owner 5949 SHERRY LANE, SUITE1010, DALLAS TX 75225
Joseph B Armes director 5420 LYNDON B, JOHNSON FREEWAY, SUITE 500, DALLAS TX 75240
Zane W. Arrott director 3141 HOOD STREET, SUITE 500, DALLAS TX 75219
Josh Rosinski officer: Chief Operating Officer 5949 SHERRY LANE, SUITE 1010, DALLAS TX 75225