Benevolent AI (Benevolent AI) Retained Earnings : $-657.48 Mil (As of Dec. 2023)

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What is Benevolent AI Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Benevolent AI's retained earnings for the quarter that ended in Dec. 2023 was $-657.48 Mil.

Benevolent AI's quarterly retained earnings declined from Dec. 2022 ($-555.53 Mil) to Jun. 2023 ($-622.22 Mil) and declined from Jun. 2023 ($-622.22 Mil) to Dec. 2023 ($-657.48 Mil).

Benevolent AI's annual retained earnings declined from Dec. 2021 ($-388.53 Mil) to Dec. 2022 ($-555.53 Mil) and declined from Dec. 2022 ($-555.53 Mil) to Dec. 2023 ($-657.48 Mil).

Benevolent AI Retained Earnings Historical Data

The historical data trend for Benevolent AI'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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Benevolent AI Retained Earnings Chart

Benevolent AI Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-169.29

-248.03

-388.53

-555.53

-657.48

Benevolent AI Quarterly Data
	Dec18	Dec19	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial				-388.53	-566.82	-555.53	-622.22	-657.48

Benevolent AI 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.

Benevolent AI (GREY:BAIVF) 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.

Benevolent AI (Benevolent AI) Business Description

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BAI:Netherlands 2XA:Germany

Address

4-8 Maple Street, London, GBR, W1T 5HD

Website

https://www.benevolent.com

Benevolent AI is a clinical-stage AI-enabled drug discovery company. It delivers novel drug candidates with a higher probability of clinical success than those developed using traditional methods. The Benevolent Platform powers a growing in-house pipeline of over 20 drug programmes, spanning from target discovery to clinical studies, and it maintains commercial collaborations with pharmaceutical companies.