XTIA (XTI Aerospace) Retained Earnings : $-79.71 Mil (As of Sep. 2024)

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What is XTI Aerospace Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. XTI Aerospace's retained earnings for the quarter that ended in Sep. 2024 was $-79.71 Mil.

XTI Aerospace's quarterly retained earnings declined from Mar. 2024 ($-60.56 Mil) to Jun. 2024 ($-75.27 Mil) and declined from Jun. 2024 ($-75.27 Mil) to Sep. 2024 ($-79.71 Mil).

XTI Aerospace's annual retained earnings declined from Dec. 2021 ($-32.42 Mil) to Dec. 2022 ($-313.74 Mil) and declined from Dec. 2022 ($-313.74 Mil) to Dec. 2023 ($-359.70 Mil).

XTI Aerospace Retained Earnings Historical Data

The historical data trend for XTI Aerospace'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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XTI Aerospace Retained Earnings Chart

XTI Aerospace Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-32.42

-313.74

-359.70

XTI Aerospace Quarterly Data
	Dec21	Mar22	Jun22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Retained Earnings	Get a 7-Day Free Trial						-	-359.70	-60.56	-75.27	-79.71

XTI Aerospace 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.

XTI Aerospace (NAS:XTIA) 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.

XTI Aerospace Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » XTI Aerospace Inc (NAS:XTIA) » Definitions » Retained Earnings

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Address

8123 InterPort Boulevard, Suite C, Englewood, CO, USA, 80112

Website

https://www.xtiaircraft.com

XTI Aerospace Inc is a development-stage aircraft manufacturer. XTI is developing a vertical takeoff and landing (VTOL) aircraft, the TriFan 600, which is a design-stage six-passenger aircraft that it anticipates will provide point-to-point air travel over distances of up to 700 miles while significantly reducing carbon emissions per mile compared to today's gasoline-powered jet aircraft and helicopters. The TriFan 600 is expected to have a wide usage ranging from private and commercial aviation services for businesses and high-net-worth individuals to emergency medical services (EMS). The Company's operations are located primarily in the United States, Germany, and the United Kingdom.