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Complete Solaria (Complete Solaria) Retained Earnings : $-364.52 Mil (As of Mar. 2024)


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What is Complete Solaria Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Complete Solaria's retained earnings for the quarter that ended in Mar. 2024 was $-364.52 Mil.

Complete Solaria's quarterly retained earnings declined from Sep. 2023 ($-327.28 Mil) to Dec. 2023 ($-354.93 Mil) and declined from Dec. 2023 ($-354.93 Mil) to Mar. 2024 ($-364.52 Mil).

Complete Solaria's annual retained earnings declined from Dec. 2021 ($-55.90 Mil) to Dec. 2022 ($-85.37 Mil) and declined from Dec. 2022 ($-85.37 Mil) to Dec. 2023 ($-354.93 Mil).

Complete Solaria Retained Earnings Historical Data

The historical data trend for Complete Solaria'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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Complete Solaria Retained Earnings Chart

Complete Solaria Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -55.90 -85.37 -354.93

Complete Solaria Quarterly Data
Dec20 Dec21 Mar22 Sep22 Dec22 Mar23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only -85.37 -108.89 -327.28 -354.93 -364.52

Complete Solaria 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.

Complete Solaria  (NAS:CSLR) 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.

Complete Solaria (Complete Solaria) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Semiconductors » Complete Solaria Inc (NAS:CSLR) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
45700 Northport Loop East, Fremont, CA, USA, 94538
Website
https://www.completesolaria.com
Complete Solaria Inc is a solar company with unique technology and an end-to-end customer offering, which is expected to include financing, project fulfilment, and customer service, allowing it to sell more products across more markets and enable more options for customers wishing to make the switch to a more energy-efficient lifestyle.
Executives
David John Anderson director, officer: CMO; EVP Strategic Partnership C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Vikas Desai officer: President; GM Business Units C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Thurman J Rodgers director, 10 percent owner 535 EASTVIEW WAY, WOODSIDE CA 94062
William James Anderson director, officer: Chief Executive Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Arnaud Lepert officer: Chief Operating Officer C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Devin Whatley director C/O COMPLETE SOLARIA, INC., 3000 EXECUTIVE PARKWAY, SUITE 504, SAN RAMON CA 94583
Brian Wuebbels officer: Chief Financial Officer C/O MEMC ELECTRONIC MATERIALS, INC., 501 PEARL DRIVE, ST. PETERS MO 63376
Ronald J Pasek director 101 INNOVATION DRIVE, SAN JOSE CA 95134
Antonio R Alvarez director 3901 N. FIRST ST., SAN JOSE CA 95134
Edward Qiang Zeng director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 100005
Nell Cady-kruse director C/O VARAGON CAPITAL CORPORATION, 299 PARK AVENUE, 3RD FLOOR, NEW YORK NY 10171
David Poritz director 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Adam Gishen officer: Chief Executive Officer 14 WALL STREET, 20TH FLOOR, NEW YORK NY 10005
Freedom Acquisition I Llc 10 percent owner C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Tidjane Thiam director C/O TWENTY-FIRST CENTURY FOX, INC., NEW YORK NY 10036