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VAQC (Vector Acquisition II) Retained Earnings : $-16.99 Mil (As of Sep. 2023)


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What is Vector Acquisition II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Vector Acquisition II's retained earnings for the quarter that ended in Sep. 2023 was $-16.99 Mil.

Vector Acquisition II's quarterly retained earnings declined from Mar. 2023 ($-16.69 Mil) to Jun. 2023 ($-16.85 Mil) and declined from Jun. 2023 ($-16.85 Mil) to Sep. 2023 ($-16.99 Mil).

Vector Acquisition II's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-15.35 Mil) but then declined from Dec. 2021 ($-15.35 Mil) to Dec. 2022 ($-15.98 Mil).


Vector Acquisition II Retained Earnings Historical Data

The historical data trend for Vector Acquisition 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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Vector Acquisition II Retained Earnings Chart

Vector Acquisition II Annual Data
Trend Dec21 Dec22
Retained Earnings
-15.35 -15.98

Vector Acquisition II Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -15.84 -15.98 -16.69 -16.85 -16.99

Vector Acquisition 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.


Vector Acquisition II  (NAS:VAQC) 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.


Vector Acquisition II Business Description

Traded in Other Exchanges
N/A
Address
One Market Street, Steuart Tower, 23rd Floor, San Francisco, CA, USA, 94105
Vector Acquisition Corp II is a blank check company.
Executives
Patrick Nichols director C/O VECTOR ACQUISITION PARTNERS, L.P., ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105
Vector Capital Partners V, Ltd 10 percent owner ONE MARKET STREET, 23RD FL., STEUART TOWER, SAN FRANCISCO CA 94105
Alexander R Slusky director, officer: Chairman and CEO 456 MONTGOMERY STREET, 19TH FLOOR, SAN FRANCISCO CA 94104
David P Kennedy director ONE EMBARCADERO CENTER, SUITE 1900, SAN FRANCISCO CA 94111
David A Baylor officer: Chief Financial Officer C/O THOMAS WEISEL PARTNERS GROUP, INC., ONE MONTGOMERY STREET, SUITE 3700, SAN FRANCISCO CA 94104
John Herr director C/O VECTOR ACQUISITION PARTNERS, L.P., ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105
David Fishman officer: President C/O VECTOR ACQUISITION PARTNERS, L.P., ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105
Vector Acquisition Partners Ii, L.p. 10 percent owner C/O VECTOR ACQUISITION PARTNERS, ONE MARKET STREET, 23RD FLOOR, SAN FRANCISCO CA 94105