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

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

SSAAW Science Strategic Acquisition Corp Alpha SSAAW
24 GF Score
Price $0.00
! 1 Warning Sign
View Full Analysis

What is Science Strategic Acquisition Alpha Retained Earnings?

Science Strategic Acquisition Alpha SSAAW 24 Retained Earnings is $-12.47 Mil as of Sep. 2022. GuruFocus rates SSAAW with a GF Score™ of 24/100. The stock has 1 warning sign investors should review.

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  (NAS:SSAAW) 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 Retained Earnings Historical Data

* Premium members only.

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.

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
SSAAW
24GF Score
Science Strategic Acquisition Corp Alpha SSAAW
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-12.47 Mil mean?
Science Strategic Acquisition Alpha (SSAAW) has a Retained Earnings of $-12.47 Mil as of Sep. 2022. Retained earnings is the amount of net income not issued to shareholders. View historical data on Science Strategic Acquisition Alpha and its competitors.
Is Science Strategic Acquisition Alpha's Retained Earnings too high?
Science Strategic Acquisition Alpha's current Retained Earnings is $-12.47 Mil. Overall, Science Strategic Acquisition Alpha has a GF Score™ of 24/100, reflecting its overall financial health beyond just this single metric.
How does Science Strategic Acquisition Alpha's Retained Earnings compare to CSTA and TWCB?
Science Strategic Acquisition Alpha's Retained Earnings of $-12.47 Mil can be compared against companies in the Diversified Financial Services 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 a Diversified Financial Services company?
A good Retained Earnings depends on the Diversified Financial Services 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 Science Strategic Acquisition Alpha and its competitors. Science Strategic Acquisition Alpha's current Retained Earnings is $-12.47 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Science Strategic Acquisition Alpha stock overvalued right now?
Science Strategic Acquisition Alpha (SSAAW) has a current Retained Earnings of $-12.47 Mil. The current Retained Earnings is $-12.47 Mil. Science Strategic Acquisition Alpha's overall GF Score™ is 24/100 with 1 warning sign to review. 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 Science Strategic Acquisition Alpha (SSAAW), the current Retained Earnings is $-12.47 Mil as of Sep. 2022. 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.

Science Strategic Acquisition Alpha Business Description

Address 1447 2nd Street, Suite 200, Santa Monica, CA, USA, 90401
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.
24GF Score

Get the complete analysis for SSAAW

Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.00
Price