GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Warrior Technologies Acquisition Co (NYSE:WARR) » Definitions » Retained Earnings

Warrior Technologies Acquisition Co (Warrior Technologies Acquisition Co) Retained Earnings : $-10.58 Mil (As of Jun. 2022)


View and export this data going back to 2021. Start your Free Trial

What is Warrior Technologies Acquisition Co Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Warrior Technologies Acquisition Co's retained earnings for the quarter that ended in Jun. 2022 was $-10.58 Mil.

Warrior Technologies Acquisition Co's quarterly retained earnings increased from Dec. 2021 ($-19.81 Mil) to Mar. 2022 ($-14.73 Mil) and increased from Mar. 2022 ($-14.73 Mil) to Jun. 2022 ($-10.58 Mil).

Warrior Technologies Acquisition Co's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.06 Mil) but then declined from Dec. 2020 ($-0.06 Mil) to Dec. 2021 ($-19.81 Mil).


Warrior Technologies Acquisition Co Retained Earnings Historical Data

The historical data trend for Warrior Technologies Acquisition Co'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.

Warrior Technologies Acquisition Co Retained Earnings Chart

Warrior Technologies Acquisition Co Annual Data
Trend Dec20 Dec21
Retained Earnings
-0.06 -19.81

Warrior Technologies Acquisition Co Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22
Retained Earnings Get a 7-Day Free Trial -25.00 -20.55 -19.81 -14.73 -10.58

Warrior Technologies Acquisition Co 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.


Warrior Technologies Acquisition Co  (NYSE:WARR) 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.


Warrior Technologies Acquisition Co (Warrior Technologies Acquisition Co) Business Description

Traded in Other Exchanges
N/A
Address
400 W. Illinois, Suite 1120, Midland, TX, USA, 79701
Website
Warrior Technologies Acquisition Co is a blank check company.