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Arogo Capital Acquisition (Arogo Capital Acquisition) Retained Earnings : $-7.29 Mil (As of Dec. 2023)


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What is Arogo Capital Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Arogo Capital Acquisition's retained earnings for the quarter that ended in Dec. 2023 was $-7.29 Mil.

Arogo Capital Acquisition's quarterly retained earnings declined from Jun. 2023 ($-5.30 Mil) to Sep. 2023 ($-5.91 Mil) and declined from Sep. 2023 ($-5.91 Mil) to Dec. 2023 ($-7.29 Mil).

Arogo Capital Acquisition's annual retained earnings declined from Dec. 2021 ($-2.86 Mil) to Dec. 2022 ($-4.48 Mil) and declined from Dec. 2022 ($-4.48 Mil) to Dec. 2023 ($-7.29 Mil).


Arogo Capital Acquisition Retained Earnings Historical Data

The historical data trend for Arogo 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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Arogo Capital Acquisition Retained Earnings Chart

Arogo Capital Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-2.86 -4.48 -7.29

Arogo Capital Acquisition Quarterly Data
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 -4.48 -4.49 -5.30 -5.91 -7.29

Arogo 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.


Arogo Capital Acquisition  (NAS:AOGO) 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.


Arogo Capital Acquisition (Arogo Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
848 Brickell Avenue, Penthouse 5, Miami, FL, USA, 33131
Website
Arogo Capital Acquisition Corp is a blank check company.
Executives
J. Gerald Combs director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Ja'afar H.r.h. Tunku Naquiyuddin Ibni Tuanku director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Chee Han Wen officer: Chief Strategy Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suthee Chivaphongse officer: Chief Financial Officer 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Suradech Taweesaengsakulthai director, officer: Director and CEO 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Somnuek Anakwat director 848 BRICKELL AVENUE, PENT HOUSE 5, MIAMI FL 33131
Koo Dom Investment, Llc 10 percent owner 7201 WELLESLEY AVENUE, WESTMINSTER CA 92682