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Power & Digital Infrastructure Acquisition II (Power & Digital Infrastructure Acquisition II) Retained Earnings : $-14.98 Mil (As of Dec. 2023)


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What is Power & Digital Infrastructure Acquisition II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Power & Digital Infrastructure Acquisition II's retained earnings for the quarter that ended in Dec. 2023 was $-14.98 Mil.

Power & Digital Infrastructure Acquisition II's quarterly retained earnings declined from Jun. 2023 ($-12.57 Mil) to Sep. 2023 ($-13.41 Mil) and declined from Sep. 2023 ($-13.41 Mil) to Dec. 2023 ($-14.98 Mil).

Power & Digital Infrastructure Acquisition II's annual retained earnings declined from Dec. 2021 ($-8.31 Mil) to Dec. 2022 ($-9.19 Mil) and declined from Dec. 2022 ($-9.19 Mil) to Dec. 2023 ($-14.98 Mil).

Power & Digital Infrastructure Acquisition II Retained Earnings Historical Data

The historical data trend for Power & Digital Infrastructure 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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Power & Digital Infrastructure Acquisition II Retained Earnings Chart

Power & Digital Infrastructure Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-8.31 -9.19 -14.98

Power & Digital Infrastructure Acquisition II Quarterly Data
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 -9.19 -10.54 -12.57 -13.41 -14.98

Power & Digital Infrastructure 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.

Power & Digital Infrastructure Acquisition II  (NAS:XPDB) 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.

Power & Digital Infrastructure Acquisition II (Power & Digital Infrastructure Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Power & Digital Infrastructure Acquisition II Corp (NAS:XPDB) » Definitions » Retained Earnings
Comparable Companies
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Traded in Other Exchanges
N/A
Address
321 North Clark Street, Suite 2440, Chicago, IL, USA, 60654
Website
https://www.xpdispac.com
Power & Digital Infrastructure Acquisition II Corp is a blank check company.
Executives
Transition Equity Partners, Llc other: Managing Member 321 NORTH CLARK STREET, SUITE 2440, CHICAGO IL 60654
Xms Xpdi Sponsor Ii Holdings Llc other: Managing Member C/O POWER & DIGITAL INFRASTRUCTURE, 321 NORTH CLARK STREET, SUITE 2440, CHICAGO IL 60654
Patrick C Eilers other: Beneficial Owner THREE FIRST NATIONAL PLAZA STE 3800, CHICAGO IL 60602
Theodore J Brombach other: Beneficial Owner 321 N. CLARK STREET, CHICAGO IL 60054
Scott Robert Widham director BROADWING CORPORATION, 1122 CAPITAL OF TEXAS HIGHWAY SOUTH, AUSTIN TX 78746
Paul Gaynor director 179 LINCOLN STREET, SUITE 500, BOSTON MA 02111
Paul Dabbar director C/O POWER & DIGITAL INFRASTRUCTURE, 321 NORTH CLARK STREET, SUITE 2440, CHICAGO IL 60654
Xpdi Sponsor Ii Llc 10 percent owner 321 NORTH CLARK STREET, SUITE 2440, CHICAGO IL 60654
John B Sexton officer: Vice President C/O POWER & DIGITAL INFRASTRUCTURE, 321 NORTH CLARK STREET, SUITE 2440, CHICAGO IL 60654