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Indie Semiconductor (Indie Semiconductor) Retained Earnings : $-392.6 Mil (As of Mar. 2024)


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What is Indie Semiconductor Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Indie Semiconductor's retained earnings for the quarter that ended in Mar. 2024 was $-392.6 Mil.

Indie Semiconductor's quarterly retained earnings declined from Sep. 2023 ($-346.8 Mil) to Dec. 2023 ($-361.4 Mil) and declined from Dec. 2023 ($-361.4 Mil) to Mar. 2024 ($-392.6 Mil).

Indie Semiconductor's annual retained earnings declined from Dec. 2021 ($-200.4 Mil) to Dec. 2022 ($-243.8 Mil) and declined from Dec. 2022 ($-243.8 Mil) to Dec. 2023 ($-361.4 Mil).


Indie Semiconductor Retained Earnings Historical Data

The historical data trend for Indie Semiconductor'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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Indie Semiconductor Retained Earnings Chart

Indie Semiconductor Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-153.26 -200.42 -243.82 -361.44

Indie Semiconductor Quarterly Data
Jun20 Sep20 Dec20 Mar21 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -316.56 -329.69 -346.79 -361.44 -392.62

Indie Semiconductor 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.


Indie Semiconductor  (NAS:INDI) 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.


Indie Semiconductor (Indie Semiconductor) Business Description

Traded in Other Exchanges
Address
32 Journey, Aliso Viejo, CA, USA, 92656
Indie Semiconductor Inc is empowering the Autotech revolution with next-generation automotive semiconductors and software platforms. It focuses on edge sensors for Advanced Driver Assistance Systems including LiDAR, connected car, user experience, and electrification applications. These technologies represent the core underpinnings of both electric and autonomous vehicles, while the advanced user interfaces transform the in-cabin experience to mirror and seamlessly connect to the mobile platforms.
Executives
Thomas Schiller officer: CFO and EVP of Strategy C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Bal Kanwardev Raja Singh officer: SVP Chief Accounting Officer C/O INDIE SEMICONDUCTOR, INC., 32 JOURNEY, ALISO VIEJO CA 92656
Donald Mcclymont director, officer: Chief Executive Officer C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Sonalee Elizabeth Parekh director 767 FIFTH AVENUE, NEW YORK NY 10153
Ichiro Aoki director, officer: President C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Diane W. Biagianti director C/O GLAUKOS CORPORATION, 229 AVENIDA FABRICANTE, SAN CLEMENTE CA 92672
Steven Machuga officer: Chief Operating Officer C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Scott David Kee officer: Chief Technology Officer C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Ellen S Bancroft officer: General Counsel & Secretary C/O INDIE SEMICONDUCTOR, 32 JOURNEY, ALISO VIEJO CA 92656
Peter J Kight director 4411 EAST JONES BRIDGE ROAD, NORCROSS GA 30092
David J Aldrich director 20 SYLVAN ROAD, WOBURN MA 01801
Jeffrey J Owens director 5725 DELPHI DRIVE, TROY MI 48098
Karl-thomas Neumann director C/O AEYE TECHNOLOGIES, INC., 1 PARK PLACE, SUITE 200, DUBLIN CA 94568
Diane D Brink director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
William Woodward director ANTHEM VENTURE PARTNERS, 225 ARIZONA AVENUE, SUITE 200, SANTA MONICA CA 90401