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Gores Guggenheim (Gores Guggenheim) Retained Earnings : $-115.93 Mil (As of Mar. 2022)


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What is Gores Guggenheim Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gores Guggenheim's retained earnings for the quarter that ended in Mar. 2022 was $-115.93 Mil.

Gores Guggenheim's quarterly retained earnings declined from Sep. 2021 ($-84.50 Mil) to Dec. 2021 ($-131.10 Mil) but then increased from Dec. 2021 ($-131.10 Mil) to Mar. 2022 ($-115.93 Mil).

Gores Guggenheim's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2020 ($-0.00 Mil) but then declined from Dec. 2020 ($-0.00 Mil) to Dec. 2021 ($-131.10 Mil).


Gores Guggenheim Retained Earnings Historical Data

The historical data trend for Gores Guggenheim'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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Gores Guggenheim Retained Earnings Chart

Gores Guggenheim Annual Data
Trend Dec20 Dec21
Retained Earnings
- -131.10

Gores Guggenheim Semi-Annual Data
Jan21 Mar21 Jun21 Sep21 Dec21 Mar22
Retained Earnings Get a 7-Day Free Trial -47.39 -61.72 -84.50 -131.10 -115.93

Gores Guggenheim 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.


Gores Guggenheim  (NAS:GGPIW) 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.


Gores Guggenheim (Gores Guggenheim) Business Description

Traded in Other Exchanges
N/A
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Guggenheim Inc is a blank check company.