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Acri Capital Acquisition (Acri Capital Acquisition) Retained Earnings : $-4.69 Mil (As of Mar. 2024)


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What is Acri Capital Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Acri Capital Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-4.69 Mil.

Acri Capital Acquisition's quarterly retained earnings declined from Sep. 2023 ($-4.21 Mil) to Dec. 2023 ($-4.64 Mil) and declined from Dec. 2023 ($-4.64 Mil) to Mar. 2024 ($-4.69 Mil).

Acri Capital Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2022 ($-1.96 Mil) but then declined from Dec. 2022 ($-1.96 Mil) to Dec. 2023 ($-4.64 Mil).


Acri Capital Acquisition Retained Earnings Historical Data

The historical data trend for Acri Capital Acquisition'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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Acri Capital Acquisition Retained Earnings Chart

Acri Capital Acquisition Annual Data
Trend Dec22 Dec23
Retained Earnings
-1.96 -4.64

Acri Capital Acquisition Quarterly Data
Feb22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only -2.90 -3.85 -4.21 -4.64 -4.69

Acri Capital Acquisition 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.


Acri Capital Acquisition  (NAS:ACAC) 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.


Acri Capital Acquisition (Acri Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
13284 Pond Springs Rd,, Suite 405, Austin, TX, USA, 78729
Website
Acri Capital Acquisition Corp is a newly organized blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Cubist Systematic Strategies, Llc 10 percent owner 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Cohen Steven A/sac Capital Mgmt Lp 10 percent owner C/O SAC CAPITAL ADVISORS LLC, 72 CUMMINGS POINT ROAD, STAMFORD CT 06902
Plc Barclays 10 percent owner 1 CHURCHILL PLACE, CANARY WHARF, LONDON X0 E14 5HP
Edmund R Miller director 2000 S BAYSHORE DR, #40, COCONUT GROVE FL 33133
Joy Yi Hua director, 10 percent owner, officer: CEO and Chairwoman 6406 WOODBOURNE LN, CROZET VA 22932
Acri Capital Sponsor Llc 10 percent owner 6406 WOODBOURNE LN, CROZET VA 22932
Hardin James Craig Jr. director 136 GRACKLE LN, PAWLEY ISLANDS SC 29585
Andrew James Pierce director 2961-A HUNTER MILL RD, #124, OAKTON VA 22124