Cartica Retained Earnings from 2010 to 2024

CITE Stock  USD 11.74  0.03  0.26%   
Cartica Acquisition's Retained Earnings are decreasing over the years with slightly volatile fluctuation. Retained Earnings are expected to dwindle to about -5.2 M. Retained Earnings is the cumulative amount of net income that Cartica Acquisition Corp retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2010-12-31
Previous Quarter
-5 M
Current Value
-5.2 M
Quarterly Volatility
2.6 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Cartica Acquisition financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Cartica Acquisition's main balance sheet or income statement drivers, such as Depreciation And Amortization of 11 M, Interest Expense of 17.8 M or Other Operating Expenses of 1.7 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 5.12. Cartica financial statements analysis is a perfect complement when working with Cartica Acquisition Valuation or Volatility modules.
  
Check out the analysis of Cartica Acquisition Correlation against competitors.

Latest Cartica Acquisition's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Cartica Acquisition Corp over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Cartica Acquisition's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Cartica Acquisition's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (4.99 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Cartica Retained Earnings Regression Statistics

Arithmetic Mean(1,484,099)
Coefficient Of Variation(178.11)
Mean Deviation1,945,135
Median(268,389)
Standard Deviation2,643,262
Sample Variance7T
Range8.5M
R-Value(0.64)
Mean Square Error4.4T
R-Squared0.41
Significance0.01
Slope(378,009)
Total Sum of Squares97.8T

Cartica Retained Earnings History

2024-5.2 M
2023-5 M
2022-8.8 M

About Cartica Acquisition Financial Statements

Cartica Acquisition stakeholders use historical fundamental indicators, such as Cartica Acquisition's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Cartica Acquisition investors may analyze each financial statement separately, they are all interrelated. For example, changes in Cartica Acquisition's assets and liabilities are reflected in the revenues and expenses on Cartica Acquisition's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Cartica Acquisition Corp. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings-5 M-5.2 M

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Cartica Acquisition Corp is a strong investment it is important to analyze Cartica Acquisition's competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Cartica Acquisition's future performance. For an informed investment choice regarding Cartica Stock, refer to the following important reports:
Check out the analysis of Cartica Acquisition Correlation against competitors.
You can also try the Piotroski F Score module to get Piotroski F Score based on the binary analysis strategy of nine different fundamentals.
Is Asset Management & Custody Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Cartica Acquisition. If investors know Cartica will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Cartica Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.56)
Earnings Share
(0.84)
Return On Assets
(0.03)
The market value of Cartica Acquisition Corp is measured differently than its book value, which is the value of Cartica that is recorded on the company's balance sheet. Investors also form their own opinion of Cartica Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Cartica Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Cartica Acquisition's market value can be influenced by many factors that don't directly affect Cartica Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Cartica Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Cartica Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Cartica Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.