GigCapital5 (GigCapital5) Retained Earnings : $-16.53 Mil (As of Sep. 2023)

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What is GigCapital5 Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. GigCapital5's retained earnings for the quarter that ended in Sep. 2023 was $-16.53 Mil.

GigCapital5's quarterly retained earnings declined from Mar. 2023 ($-14.55 Mil) to Jun. 2023 ($-15.97 Mil) and declined from Jun. 2023 ($-15.97 Mil) to Sep. 2023 ($-16.53 Mil).

GigCapital5's annual retained earnings increased from . 20 ($0.00 Mil) to Dec. 2021 ($-8.92 Mil) but then declined from Dec. 2021 ($-8.92 Mil) to Dec. 2022 ($-13.08 Mil).

GigCapital5 Retained Earnings Historical Data

The historical data trend for GigCapital5'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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GigCapital5 Retained Earnings Chart

GigCapital5 Annual Data

Trend

Dec21

Dec22

Retained Earnings

-8.92

-13.08

GigCapital5 Quarterly Data
	Feb21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Retained Earnings	Get a 7-Day Free Trial						-11.03	-13.08	-14.55	-15.97	-16.53

GigCapital5 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.

GigCapital5 (NAS:GIA) 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.

GigCapital5 (GigCapital5) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » GigCapital5 Inc (NAS:GIA) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

1731 Embarcadero Road, Suite 200, Palo Alto, CA, USA, 94303

Website

https://www.gigcapitalglobal.com

GigCapital5 Inc is a blank check company.

Executives

Polar Asset Management Partners Inc.	10 percent owner	16 YORK STREET SUITE 2900, TORONTO A6 M5J 0E6
Sharmila Makhija	director	1731 EMBARCADERO ROAD, SUITE 200, PALO ALTO CA 94303
Dorothy D Hayes	director	P.O. BOX 7850, ., MOUNTAIN VIEW CA 94039-7850
Neil Miotto	director, 10 percent owner	2146 HARKINS AVE, MENLO PARK CA 94025
Avi S Katz	director, 10 percent owner, officer: Executive Chairman	C/O GIGCAPITAL, INC., 3000 EL CAMINO REAL, BLDG 4, SUITE 232, PALO ALTO CA 94306
Walter Bradford Weightman	officer: Treasurer and CFO	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD, SUITE 200, PALO ALTO CA 94303
Raluca Dinu	director, 10 percent owner, officer: President, CEO and Secretary	C/O GIGCAPITAL2, INC., 2479 E. BAYSHORE RD., SUITE 200, PALO ALTO CA 94303
Raanan Horowitz	director	C/O GIGCAPITAL5, INC., 1731 EMBARCADERO RD., SUITE 200, PALO ALTO CA 94303
Gigacquisitions5, Llc	10 percent owner	1731 EMBARCADERO ROAD SUITE 200, PALO ALTO CA 94303