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Tuscan Holdings II (Tuscan Holdings II) Retained Earnings : $-3.42 Mil (As of Sep. 2022)


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What is Tuscan Holdings II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tuscan Holdings II's retained earnings for the quarter that ended in Sep. 2022 was $-3.42 Mil.

Tuscan Holdings II's quarterly retained earnings increased from Mar. 2022 ($-3.46 Mil) to Jun. 2022 ($-3.42 Mil) and increased from Jun. 2022 ($-3.42 Mil) to Sep. 2022 ($-3.42 Mil).

Tuscan Holdings II's annual retained earnings declined from Dec. 2019 ($-1.90 Mil) to Dec. 2020 ($-3.33 Mil) but then increased from Dec. 2020 ($-3.33 Mil) to Dec. 2021 ($-3.17 Mil).


Tuscan Holdings II Retained Earnings Historical Data

The historical data trend for Tuscan Holdings II'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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Tuscan Holdings II Retained Earnings Chart

Tuscan Holdings II Annual Data
Trend Dec19 Dec20 Dec21
Retained Earnings
-1.90 -3.33 -3.17

Tuscan Holdings II Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -2.67 -3.17 -3.46 -3.42 -3.42

Tuscan Holdings II 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.


Tuscan Holdings II  (OTCPK:THCA) 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.


Tuscan Holdings II (Tuscan Holdings II) Business Description

Traded in Other Exchanges
N/A
Address
135 E. 57th Street, 17th Floor, New York, NY, USA, 10022
Website
Tuscan Holdings Corp II is a blank check company.
Executives
Michael Auerbach director 158 HESTER STREET, APT 7F, NEW YORK NY 10013
Stephen A Vogel director, 10 percent owner, officer: Chief Executive Officer 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Richard O. Rieger officer: Chief Financial Officer C/O TUSCAN HOLDINGS CORP., 135 E. 57TH ST., 18TH FLOOR, NEW YORK NY 10022
David H Dickstein director C/O TUSCAN HOLDINGS CORP. II, 135 E 57TH ST 17TH FL, NEW YORK NY 10022

Tuscan Holdings II (Tuscan Holdings II) Headlines