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Trex Acquisition (Trex Acquisition) Retained Earnings : $-6.57 Mil (As of Dec. 2023)


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What is Trex Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Trex Acquisition's retained earnings for the quarter that ended in Dec. 2023 was $-6.57 Mil.

Trex Acquisition's quarterly retained earnings declined from Jun. 2023 ($-6.00 Mil) to Sep. 2023 ($-6.34 Mil) and declined from Sep. 2023 ($-6.34 Mil) to Dec. 2023 ($-6.57 Mil).

Trex Acquisition's annual retained earnings declined from Jun. 2021 ($-2.87 Mil) to Jun. 2022 ($-4.16 Mil) and declined from Jun. 2022 ($-4.16 Mil) to Jun. 2023 ($-6.00 Mil).


Trex Acquisition Retained Earnings Historical Data

The historical data trend for Trex 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.

* Premium members only.

Trex Acquisition Retained Earnings Chart

Trex Acquisition Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.31 -2.40 -2.87 -4.16 -6.00

Trex Acquisition Quarterly Data
Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -5.17 -5.43 -6.00 -6.34 -6.57

Trex 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.


Trex Acquisition  (OTCPK:TRXA) 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.


Trex Acquisition (Trex Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
7301 NW 4th Street, Suite 102, Plantation, FL, USA, 33317
Website
Trex Acquisition Corp is a development stage company.
Executives
Warren Gilbert director, 10 percent owner, officer: President/CEO 1800 NE 114TH STREET, UNIT 2110, MIAMI FL 33181

Trex Acquisition (Trex Acquisition) Headlines

From GuruFocus

TREX ACQUISITION CORP ANNOUNCES NEW BUSINESS VENTURE

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