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StoneBridge Acquisition (StoneBridge Acquisition) Retained Earnings : $-13.43 Mil (As of Sep. 2023)


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What is StoneBridge Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. StoneBridge Acquisition's retained earnings for the quarter that ended in Sep. 2023 was $-13.43 Mil.

StoneBridge Acquisition's quarterly retained earnings increased from Mar. 2023 ($-13.03 Mil) to Jun. 2023 ($-12.83 Mil) but then declined from Jun. 2023 ($-12.83 Mil) to Sep. 2023 ($-13.43 Mil).

StoneBridge Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-17.16 Mil) and increased from Dec. 2021 ($-17.16 Mil) to Dec. 2022 ($-11.08 Mil).


StoneBridge Acquisition Retained Earnings Historical Data

The historical data trend for StoneBridge 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.

* Premium members only.

StoneBridge Acquisition Retained Earnings Chart

StoneBridge Acquisition Annual Data
Trend Dec21 Dec22
Retained Earnings
-17.16 -11.08

StoneBridge Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -9.74 -11.08 -13.03 -12.83 -13.43

StoneBridge 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.


StoneBridge Acquisition  (NAS:APAC) 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.


StoneBridge Acquisition (StoneBridge Acquisition) Business Description

Traded in Other Exchanges
Address
One World Trade Center, Suite 8500, New York, NY, USA, 10007
StoneBridge Acquisition Corp is a blank check company.
Executives
Sylvia K. Barnes director 4853 POST OAK TIMBER DRIVE, HOUSTON TX 77056
Jeffrey Najarian director 9 DESBROSSES STREET, SUITE 402, NEW YORK NY 10013
Stonebridge Acquisition Sponsor Llc 10 percent owner 1104 LINNEA LN., SOUTHLAKE TX 76092
Prabhu Antony director, officer: CFO, President and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Richard B Saldanha director 1104 LINNEA LN, SOUTHLAKE TX 76092
Naresh Kothari director 1104 LINNEA LN, SOUTHLAKE TX 76092
Shamla Naidoo director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bhargava Marepally director, officer: CEO and Director 1104 LINNEA LN, SOUTHLAKE TX 76092
Bp Spac Sponsor Llc 10 percent owner 1104 LINNEA LN, SOUTHLAKE TX 76092

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