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Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Retained Earnings : $-12.47 Mil (As of Sep. 2022)


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What is Science Strategic Acquisition Alpha Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Science Strategic Acquisition Alpha's retained earnings for the quarter that ended in Sep. 2022 was $-12.47 Mil.

Science Strategic Acquisition Alpha's quarterly retained earnings increased from Mar. 2022 ($-15.54 Mil) to Jun. 2022 ($-13.60 Mil) and increased from Jun. 2022 ($-13.60 Mil) to Sep. 2022 ($-12.47 Mil).

Science Strategic Acquisition Alpha's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.01 Mil) but then declined from Dec. 2020 ($-0.01 Mil) to Dec. 2021 ($-20.29 Mil).

Science Strategic Acquisition Alpha Retained Earnings Historical Data

The historical data trend for Science Strategic Acquisition Alpha'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.

* Premium members only.

Science Strategic Acquisition Alpha Retained Earnings Chart

Science Strategic Acquisition Alpha Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.01 -20.29

Science Strategic Acquisition Alpha Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial -21.94 -20.29 -15.54 -13.60 -12.47

Science Strategic Acquisition Alpha 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.

Science Strategic Acquisition Alpha  (NAS:SSAAU) 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.

Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Science Strategic Acquisition Corp Alpha (NAS:SSAAU) » Definitions » Retained Earnings
Comparable Companies
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Traded in Other Exchanges
N/A
Address
1447 2nd Street, Suite 200, Santa Monica, CA, USA, 90401
Website
https://www.science-inc.com
Science Strategic Acquisition Corp Alpha is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Michael Gwynne Jones director, officer: CEO 24460 MALIBU ROAD, MALIBU CA 90265
Jeff Kearl director C/O SKULLCANDY, INC., 1441 WEST UTE BLVD., SUITE 250, PARK CITY UT 84908
April Henry officer: EVP, Corporate Development C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Jennifer Rubio director C/O TISHMAN SPEYER PROPERTIES, L.P., ROCKEFELLER CENTER, 45 ROCKEFELLER PLAZA, NEW YORK NY 10111
Taylor Colette K. director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Greg Gilman director C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Priscilla Guevara officer: Global Head of IR C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Tom Dare officer: CFO C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401
Peter Pham officer: President C/O SCIENCE STRATEGIC ACQUISITION CORP., 1447 2ND STREET, SANTA MONICA CA 90401

Science Strategic Acquisition Alpha (Science Strategic Acquisition Alpha) Headlines

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