SPEC (Spectaire Holdings) Retained Earnings: $-25.18 Mil (As of Jun. 2024)


What is Spectaire Holdings Retained Earnings?

Spectaire Holdings SPEC Retained Earnings is $-25.18 Mil as of Jun. 2024.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Spectaire Holdings's retained earnings for the quarter that ended in Jun. 2024 was $-25.18 Mil.

Spectaire Holdings's quarterly retained earnings declined from Dec. 2023 ($-27.19 Mil) to Mar. 2024 ($-29.70 Mil) but then increased from Mar. 2024 ($-29.70 Mil) to Jun. 2024 ($-25.18 Mil).

Spectaire Holdings's annual retained earnings declined from Dec. 2021 ($-0.72 Mil) to Dec. 2022 ($-1.14 Mil) and declined from Dec. 2022 ($-1.14 Mil) to Dec. 2023 ($-27.19 Mil).

Spectaire Holdings  (OTCPK:SPEC) 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.

Spectaire Holdings Retained Earnings Historical Data

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The historical data trend for Spectaire 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.

Spectaire Holdings Retained Earnings Chart

Spectaire Holdings Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.72 -1.14 -27.19

Spectaire Holdings Quarterly Data
Dec21 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Retained Earnings Get a 7-Day Free Trial Premium Member Only 0.00 -21.39 -27.19 -29.70 -25.18

Spectaire 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-25.18 Mil mean?
Spectaire Holdings (SPEC) has a Retained Earnings of $-25.18 Mil as of Jun. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Spectaire Holdings and its competitors.
Is Spectaire Holdings' Retained Earnings too high?
Spectaire Holdings' current Retained Earnings is $-25.18 Mil.
How does Spectaire Holdings' Retained Earnings compare to VLTO and FSS?
Spectaire Holdings' Retained Earnings of $-25.18 Mil can be compared against companies in the Industrial Products industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Industrial Products company?
A good Retained Earnings depends on the Industrial Products industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Spectaire Holdings and its competitors. Spectaire Holdings's current Retained Earnings is $-25.18 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Spectaire Holdings stock overvalued right now?
Spectaire Holdings (SPEC) has a current Retained Earnings of $-25.18 Mil. The current Retained Earnings is $-25.18 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Spectaire Holdings (SPEC), the current Retained Earnings is $-25.18 Mil as of Jun. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Spectaire Holdings Business Description

Address 19 Coolidge Hill Road, Watertown, MA, USA, 02472
Spectaire Holdings Inc is an industrial technology company that allows its customers to measure, manage, and reduce carbon dioxide equivalent and other greenhouse gas emissions. Spectaire's core product offering, AireCore is a fully integrated hardware, software, and data platform.