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Silver Crest Acquisition (Silver Crest Acquisition) Retained Earnings : $-12.49 Mil (As of Jun. 2022)


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What is Silver Crest Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Silver Crest Acquisition's retained earnings for the quarter that ended in Jun. 2022 was $-12.49 Mil.

Silver Crest Acquisition's quarterly retained earnings increased from Dec. 2021 ($-32.54 Mil) to Mar. 2022 ($-29.64 Mil) and increased from Mar. 2022 ($-29.64 Mil) to Jun. 2022 ($-12.49 Mil).

Silver Crest Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.01 Mil) but then declined from Dec. 2020 ($-0.01 Mil) to Dec. 2021 ($-32.54 Mil).


Silver Crest Acquisition Retained Earnings Historical Data

The historical data trend for Silver Crest 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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Silver Crest Acquisition Retained Earnings Chart

Silver Crest Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.01 -32.54

Silver Crest Acquisition Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Retained Earnings Get a 7-Day Free Trial -3.47 -32.29 -32.54 -29.64 -12.49

Silver Crest 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.


Silver Crest Acquisition  (NAS:SLCR) 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.


Silver Crest Acquisition (Silver Crest Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1 Connaught Place, Central, Suite 3501, 35th Floor, Jardine House, Hong Kong, HKG
Silver Crest Acquisition Corp is a blank check company.
Executives
Silver Crest Management Llc 10 percent owner 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Andy D Bryant director INTEL CORPORATION- ATTN: GENERAL COUNCEL, 2200 MISSION COLLEDGE BOULEVARD, SANTA CLARA CA 95052
Steeve Hagege director C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Ho Cheung director, officer: Chief Executive Officer C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Wei Long director C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL, HONG KONG K3 000000
Liang Meng director, officer: Chairman C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Mei Tong director C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000
Christopher Lawrence director, officer: Vice Chairman C/O SILVERCREST, 1 CONNAUGHT PLACE, SUITE 3501, CENTRAL K3 00000

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