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FTAC Emerald Acquisition (FTAC Emerald Acquisition) Retained Earnings : $-13.28 Mil (As of Mar. 2024)


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What is FTAC Emerald Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FTAC Emerald Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-13.28 Mil.

FTAC Emerald Acquisition's quarterly retained earnings increased from Sep. 2023 ($-11.54 Mil) to Dec. 2023 ($-11.30 Mil) but then declined from Dec. 2023 ($-11.30 Mil) to Mar. 2024 ($-13.28 Mil).

FTAC Emerald Acquisition's annual retained earnings declined from Dec. 2021 ($-5.98 Mil) to Dec. 2022 ($-8.50 Mil) and declined from Dec. 2022 ($-8.50 Mil) to Dec. 2023 ($-11.30 Mil).

FTAC Emerald Acquisition Retained Earnings Historical Data

The historical data trend for FTAC Emerald 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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FTAC Emerald Acquisition Retained Earnings Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-5.98 -8.50 -11.30

FTAC Emerald Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only -9.28 -9.93 -11.54 -11.30 -13.28

FTAC Emerald 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.

FTAC Emerald Acquisition  (NAS:EMLD) 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.

FTAC Emerald Acquisition (FTAC Emerald Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » Retained Earnings
Comparable Companies
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Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Emerald Acquisition Corp is a 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 or assets.
Executives
Emerald Esg Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Douglas Listman officer: Chief Financial Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Therese Rein director GPO BOX 3208, BRISBANE C3 4000
Betsy Z Cohen director, 10 percent owner
Lisa M Shalett director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Andrew Hohns director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Tensie Whelan director C/O INVESTINDUSTRIAL, INC., 11-12 ST. JAMES SQUARE, 3RD FLOOR, LONDON X0 SW1Y 4LB
Mark R Tercek director
Young Bracebridge H Jr officer: President and CEO 35 WYKEHAM RD, NEWTON MA 02465
Emerald Esg Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104