GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » BurTech Acquisition Corp (NAS:BRKH) » Definitions » Retained Earnings

BurTech Acquisition (BurTech Acquisition) Retained Earnings : $-16.65 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is BurTech Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BurTech Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-16.65 Mil.

BurTech Acquisition's quarterly retained earnings declined from Sep. 2023 ($-14.31 Mil) to Dec. 2023 ($-15.84 Mil) and declined from Dec. 2023 ($-15.84 Mil) to Mar. 2024 ($-16.65 Mil).

BurTech Acquisition's annual retained earnings declined from Dec. 2021 ($-8.84 Mil) to Dec. 2022 ($-10.15 Mil) and declined from Dec. 2022 ($-10.15 Mil) to Dec. 2023 ($-15.84 Mil).


BurTech Acquisition Retained Earnings Historical Data

The historical data trend for BurTech 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.

* Premium members only.

BurTech Acquisition Retained Earnings Chart

BurTech Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-8.84 -10.15 -15.84

BurTech Acquisition Quarterly Data
May21 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 -13.13 -13.63 -14.31 -15.84 -16.65

BurTech 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.


BurTech Acquisition  (NAS:BRKH) 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.


BurTech Acquisition (BurTech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1300 Pennsylvania Avenue North West, Suite 700, Washington, DC, USA, 20004
BurTech Acquisition Corp is a blank check company.
Executives
Patrick Francis Orlando 10 percent owner 212 E 48TH STREET - PHB, NEW YORK NY 10017
Joseph A Porrello director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Shahal Khan director, 10 percent owner, officer: Chief Executive Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Burtech Lp Llc 10 percent owner 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Isaac Chetrit director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Payel Farasat director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Leon Golden director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Roman Livson director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Christopher Scott Schroeder officer: Chief Marketing Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004