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Northern Star Investment III (Northern Star Investment III) Retained Earnings : $-18.06 Mil (As of Jun. 2023)


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What is Northern Star Investment III Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Northern Star Investment III's retained earnings for the quarter that ended in Jun. 2023 was $-18.06 Mil.

Northern Star Investment III's quarterly retained earnings declined from Dec. 2022 ($-14.17 Mil) to Mar. 2023 ($-17.99 Mil) and declined from Mar. 2023 ($-17.99 Mil) to Jun. 2023 ($-18.06 Mil).

Northern Star Investment III's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Sep. 2022 ($-14.45 Mil).


Northern Star Investment III Retained Earnings Historical Data

The historical data trend for Northern Star Investment III'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.

Northern Star Investment III Retained Earnings Chart

Northern Star Investment III Annual Data
Trend Sep22
Retained Earnings
-14.45

Northern Star Investment III Quarterly Data
Dec20 Mar21 Jun21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only -17.25 -14.45 -14.17 -17.99 -18.06

Northern Star Investment III 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.


Northern Star Investment III  (OTCPK:NSTC) 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.


Northern Star Investment III (Northern Star Investment III) Business Description

Traded in Other Exchanges
Address
c/o Graubard Miller, 405 Lexington Avenue, The Chrysler Building, 44th Floor, New York, NY, USA, 10174
Northern Star Investment Corp III is a blank check company.
Executives
Jonathan J Ledecky director, 10 percent owner, officer: President, COO C/O THE LEDECKY FOUNDATION, 901 - 15TH STREET, NW, SUITE 950, WASHINGTON DC 20005
Joanna Coles director, 10 percent owner, officer: Chief Executive Officer C/O SNAP INC., 3000 31ST STREET, SANTA MONICA CA 90405
Northern Star Iii Sponsor Llc 10 percent owner C/O GRAUBARD MILLER, 405 LEXINGTON AVENUE, NEW YORK NY 10174
Dasha Smith director C/O COHEN & STEERS, INC., 280 PARK AVENUE, NEW YORK NY 10017
Justine Cheng director 1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
James Hr Brady officer: Chief Financial Officer 1850 CENTENNIAL PARK DRIVE, SUITE 200, RESTON VA 20191
James Vincent director C/O NORTHERN STAR INVESTMENT CORP. III, C/O GRAUBARD MILLER, 405 LEXINGTON AVE, NEW YORK NY 10174

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