Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Retained Earnings : $-9.53 Mil (As of Mar. 2024)

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What is Welsbach Technology Metals Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Welsbach Technology Metals Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-9.53 Mil.

Welsbach Technology Metals Acquisition's quarterly retained earnings declined from Sep. 2023 ($-8.99 Mil) to Dec. 2023 ($-9.27 Mil) and declined from Dec. 2023 ($-9.27 Mil) to Mar. 2024 ($-9.53 Mil).

Welsbach Technology Metals Acquisition's annual retained earnings declined from Dec. 2021 ($-1.23 Mil) to Dec. 2022 ($-5.94 Mil) and declined from Dec. 2022 ($-5.94 Mil) to Dec. 2023 ($-9.27 Mil).

Welsbach Technology Metals Acquisition Retained Earnings Historical Data

The historical data trend for Welsbach Technology Metals 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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Welsbach Technology Metals Acquisition Retained Earnings Chart

Welsbach Technology Metals Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Retained Earnings

-1.23

-5.94

-9.27

Welsbach Technology Metals Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Retained Earnings	Get a 7-Day Free Trial						-6.92	-7.62	-8.99	-9.27	-9.53

Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition (NAS:WTMA) 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.

Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Welsbach Technology Metals Acquisition Corp (NAS:WTMA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 South Craig Place, Lombard, IL, USA, 60148

Website

https://www.wtmau.com

Welsbach Technology Metals Acquisition Corp is a blank check company.

Executives

John P Stanfield	officer: Chief Financial Officer	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Welsbach Acquisition Holdings Llc	10 percent owner	160 S CRAIG PLACE, LOMBARD IL 60148
Matthew T. Mrozinski	director	160 S CRAIG PLACE, LOMBARD IL 60148
Daniel Mamadou	director, officer: Chief Executive Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Emily King	director	160 S CRAIG PLACE, LOMBARD IL 60148
Christopher Clower	director, officer: Chief Operating Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Ralph Welpe	director	160 S CRAIG PLACE, LOMBARD IL 60148