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Ares Acquisition II (Ares Acquisition II) Retained Earnings : $-20.72 Mil (As of Mar. 2024)


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What is Ares Acquisition II Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Ares Acquisition II's retained earnings for the quarter that ended in Mar. 2024 was $-20.72 Mil.

Ares Acquisition II's quarterly retained earnings declined from Sep. 2023 ($-19.83 Mil) to Dec. 2023 ($-20.27 Mil) and declined from Dec. 2023 ($-20.27 Mil) to Mar. 2024 ($-20.72 Mil).

Ares Acquisition II's annual retained earnings declined from Dec. 2021 ($-0.01 Mil) to Dec. 2022 ($-0.02 Mil) and declined from Dec. 2022 ($-0.02 Mil) to Dec. 2023 ($-20.27 Mil).

Ares Acquisition II Retained Earnings Historical Data

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

Ares Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-0.01 -0.02 -20.27

Ares Acquisition II Quarterly Data
Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.02 -19.44 -19.83 -20.27 -20.72

Ares 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.

Ares Acquisition II  (NYSE:AACT) 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.

Ares Acquisition II (Ares Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ares Acquisition Corp II (NYSE:AACT) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
245 Park Avenue, 44th Floor, New York, NY, USA, 10167
Website
https://www.aresacquisitioncorporationii.com
Ares Acquisition Corp II is a blank check company.
Executives
David G. Hirz director 600 CITADEL DRIVE, COMMERCE CA 90040
Brad Coleman director 90 FRANKLIN STREET, APT 9S, NEW YORK NY 10013
Michael J Arougheti director 2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan director, officer: Chief Executive Officer 1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton director 250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips officer: Chief Financial Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Peter Ogilvie officer: See Remarks C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin officer: Chief Operating Officer C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Ares Acquisition Holdings Ii Lp 10 percent owner C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167