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Moringa Acquisition (Moringa Acquisition) Retained Earnings : $-3.16 Mil (As of Mar. 2024)


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What is Moringa Acquisition Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Moringa Acquisition's retained earnings for the quarter that ended in Mar. 2024 was $-3.16 Mil.

Moringa Acquisition's quarterly retained earnings declined from Sep. 2023 ($-2.45 Mil) to Dec. 2023 ($-2.85 Mil) and declined from Dec. 2023 ($-2.85 Mil) to Mar. 2024 ($-3.16 Mil).

Moringa Acquisition's annual retained earnings declined from Dec. 2021 ($-0.95 Mil) to Dec. 2022 ($-1.20 Mil) and declined from Dec. 2022 ($-1.20 Mil) to Dec. 2023 ($-2.85 Mil).


Moringa Acquisition Retained Earnings Historical Data

The historical data trend for Moringa 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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Moringa Acquisition Retained Earnings Chart

Moringa Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Retained Earnings
-0.20 -0.95 -1.20 -2.85

Moringa Acquisition Quarterly Data
Nov20 Mar21 Jun21 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 Premium Member Only Premium Member Only -1.80 -2.19 -2.45 -2.85 -3.16

Moringa 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.


Moringa Acquisition  (NAS:MACAU) 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.


Moringa Acquisition (Moringa Acquisition) Business Description

Traded in Other Exchanges
Address
250 Park Avenue, 7th Floor, New York, NY, USA, 10177
Moringa Acquisition Corp is a blank check company.
Executives
Hudson Bay Capital Management Lp 10 percent owner 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Sander Gerber 10 percent owner C/O HUDSON BAY CAPITAL MANAGEMENT, L.P., 28 HAVEMEYER PLACE, 2ND FLOOR, GREENWICH CT 06830
Ruth Alon director 1/3 HIGH-TECH VILLAGE, GIVAT RAM, P.O. BOX 39264, JERUSALEM L3 9139102
Eric Brachfeld director C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Michael Basch director C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Gil Maman officer: Chief Financial Officer C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Ilan Levin director, 10 percent owner, officer: Chairman and CEO C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Moringa Sponsor Us L.p. 10 percent owner C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Moringa Sponsor, Lp 10 percent owner C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 11040
Dan Yalon officer: Advisor C/O MORINGA ACQUISITION CORP, 250 PARK AVENUE, 7TH FLOOR, NEW YORK NY 10177

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