GURUFOCUS.COM » STOCK LIST » Technology » Software » Nukkleus Inc (NAS:NUKK) » Definitions » Retained Earnings

Nukkleus (Nukkleus) Retained Earnings : $-17.49 Mil (As of Jun. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Nukkleus Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nukkleus's retained earnings for the quarter that ended in Jun. 2023 was $-17.49 Mil.

Nukkleus's quarterly retained earnings declined from Dec. 2022 ($-15.48 Mil) to Mar. 2023 ($-16.28 Mil) and declined from Mar. 2023 ($-16.28 Mil) to Jun. 2023 ($-17.49 Mil).

Nukkleus's annual retained earnings declined from Sep. 2020 ($-1.56 Mil) to Sep. 2021 ($-2.50 Mil) and declined from Sep. 2021 ($-2.50 Mil) to Sep. 2022 ($-14.34 Mil).


Nukkleus Retained Earnings Historical Data

The historical data trend for Nukkleus'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.

Nukkleus Retained Earnings Chart

Nukkleus Annual Data
Trend Sep13 Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.73 -1.46 -1.56 -2.50 -14.34

Nukkleus Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -8.35 -14.34 -15.48 -16.28 -17.49

Nukkleus 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.


Nukkleus  (NAS:NUKK) 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.


Nukkleus (Nukkleus) Business Description

Traded in Other Exchanges
Address
525 Washington Boulevard, 14th Floor, Jersey, NJ, USA, 07310
Nukkleus Inc is a financial technology company that is focused on providing software and technology solutions. The company's operating segment includes General support services and Financial services. General support services include providing software, technology, customer sales and marketing, and risk management technology hardware and software solutions package under a GSA to a related party. Financial services include providing payment services from one fiat currency to another or to digital assets. It generates maximum revenue from the General support services segment. Geographically, the majority is from the United Kingdom.
Executives
Emil Assentato director, 10 percent owner, officer: Chief Executive Officer 525 WASHINGTON BLVD., JERSEY CITY NJ 07310
Jamal Khurshid officer: Chief Operating Officer BEAMS END, OLD BRIGHTON ROAD, PEASE POTTAGE X0 RH11 9AJ