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Cascade Acquisition (Cascade Acquisition) Retained Earnings : $-11.44 Mil (As of Mar. 2022)


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What is Cascade Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Cascade Acquisition's retained earnings for the quarter that ended in Mar. 2022 was $-11.44 Mil.

Cascade Acquisition's quarterly retained earnings increased from Sep. 2021 ($-19.63 Mil) to Dec. 2021 ($-17.16 Mil) and increased from Dec. 2021 ($-17.16 Mil) to Mar. 2022 ($-11.44 Mil).

Cascade Acquisition's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-32.20 Mil) and increased from Dec. 2020 ($-32.20 Mil) to Dec. 2021 ($-17.16 Mil).


Cascade Acquisition Retained Earnings Historical Data

The historical data trend for Cascade 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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Cascade Acquisition Retained Earnings Chart

Cascade Acquisition Annual Data
Trend Dec20 Dec21
Retained Earnings
-32.20 -17.16

Cascade Acquisition Quarterly Data
Aug20 Mar21 Jun21 Sep21 Dec21 Mar22
Retained Earnings Get a 7-Day Free Trial 0.99 -2.13 -19.63 -17.16 -11.44

Cascade 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.


Cascade Acquisition  (NYSE:CAS) 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.


Cascade Acquisition (Cascade Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1900 Sunset Harbour Dr., Suite 2102, Miami Beach, FL, USA, 33139
Cascade Acquisition Corp is a blank check company. It is formed for the purpose of entering a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Roy A Guthrie director 2500 LAKE COOK ROAD, RIVERWOODS IL 60015
Clayton Deutsch director TEN POST OFFICE SQUARE, BOSTON MA 02109
Daniel J. Hirsch officer: Chief Operating Officer & CFO 748 DIAMOND STREET, SAN FRANCISCO CA 94114
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Jay N. Levine director, 10 percent owner, officer: Chief Executive Officer C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Cascade Acquisition Holdings Llc 10 percent owner 1345 AVENUE OF THE AMERICAS 11TH FL, NEW YORK NY 10105
Gene Weil director, 10 percent owner 1900 SUNSET HARBOUR DR. SUITE 2102, MIAMI BEACH FL 33139
Kevin Ryan director 1900 SUNSET HARBOUR DRIVE SUITE 2102, MIAMI BEACH FL 33139