GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Serve Robotics Inc (NAS:SERV) » Definitions » Retained Earnings

Serve Robotics (Serve Robotics) Retained Earnings : $-77.37 Mil (As of Mar. 2024)


View and export this data going back to 2024. Start your Free Trial

What is Serve Robotics Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Serve Robotics's retained earnings for the quarter that ended in Mar. 2024 was $-77.37 Mil.

Serve Robotics's quarterly retained earnings declined from Sep. 2023 ($-61.27 Mil) to Dec. 2023 ($-68.33 Mil) and declined from Dec. 2023 ($-68.33 Mil) to Mar. 2024 ($-77.37 Mil).

Serve Robotics's annual retained earnings declined from Dec. 2021 ($-21.67 Mil) to Dec. 2022 ($-43.52 Mil) and declined from Dec. 2022 ($-43.52 Mil) to Dec. 2023 ($-68.33 Mil).

Serve Robotics Retained Earnings Historical Data

The historical data trend for Serve Robotics'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.

Serve Robotics Retained Earnings Chart

Serve Robotics Annual Data
Trend Dec21 Dec22 Dec23
Retained Earnings
-21.67 -43.52 -68.33

Serve Robotics Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Retained Earnings Get a 7-Day Free Trial Premium Member Only - -53.63 -61.27 -68.33 -77.37

Serve Robotics 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.

Serve Robotics  (NAS:SERV) 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.

Serve Robotics (Serve Robotics) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Serve Robotics Inc (NAS:SERV) » Definitions » Retained Earnings
Comparable Companies
Traded in Other Exchanges
N/A
Address
730 Broadway, Redwood, CA, USA, 94063
Website
https://www.serverobotics.com
Serve Robotics Inc is developing next-generation robots for last-mile delivery services. Its first product is a zero-emission robot that serves people in public areas, Starting with food delivery. It has developed an advanced, AI-robotics mobility platform, with last-mile delivery in cities as its first application.