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Screaming Eagle Acquisition (Screaming Eagle Acquisition) Retained Earnings : $-47.41 Mil (As of Dec. 2023)


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What is Screaming Eagle Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Screaming Eagle Acquisition's retained earnings for the quarter that ended in Dec. 2023 was $-47.41 Mil.

Screaming Eagle Acquisition's quarterly retained earnings declined from Jun. 2023 ($-25.69 Mil) to Sep. 2023 ($-26.65 Mil) and declined from Sep. 2023 ($-26.65 Mil) to Dec. 2023 ($-47.41 Mil).

Screaming Eagle Acquisition's annual retained earnings declined from Dec. 2021 ($-0.01 Mil) to Dec. 2022 ($-26.33 Mil) and declined from Dec. 2022 ($-26.33 Mil) to Dec. 2023 ($-47.41 Mil).

Screaming Eagle Acquisition Retained Earnings Historical Data

The historical data trend for Screaming Eagle 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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Screaming Eagle Acquisition Retained Earnings Chart

Screaming Eagle Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.01 -26.33 -47.41

Screaming Eagle Acquisition Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only -26.33 -26.40 -25.69 -26.65 -47.41

Screaming Eagle 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.

Screaming Eagle Acquisition  (NAS:SCRM) 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.

Screaming Eagle Acquisition (Screaming Eagle Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Screaming Eagle Acquisition Corp (NAS:SCRM) » Definitions » Retained Earnings
Comparable Companies
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Traded in Other Exchanges
N/A
Address
955 Fifth Avenue, New York, NY, USA, 10075
Website
Screaming Eagle Acquisition Corp is a blank check company.
Executives
Joshua A Kazam director 689 5TH AVENUE, 12TH FLOOR, NEW YORK NY 10022
Harry Sloan director, officer: Chairman 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Jeffrey Sagansky director 1450 2ND STREET, SUITE 247, SANTA MONICA CA 90401
Eli Baker director, officer: Chief Executive Officer 416 BEIRUT AVENUE, PACIFIC PALISADES CA 90272
Isaac Lee director 605 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10158
Eagle Equity Partners V, Llc director, 10 percent owner, other: Director by Deputization C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075
Paul Buccieri director C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075
Bolles Amy Gershkoff director C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075
Ryan O'connor officer: Vice President of Finance C/O SCREAMING EAGLE ACQUISITION CORP., 955 FIFTH AVENUE, NEW YORK NY 10075