Portage Retained Earnings from 2010 to 2024

PFTA Stock  USD 10.87  0.03  0.28%   
Portage Fintech's Retained Earnings are increasing over the years with slightly volatile fluctuation. Retained Earnings are expected to dwindle to about -3.4 M. Retained Earnings is the cumulative amount of net income that Portage Fintech Acquisition 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
-3.3 M
Current Value
-3.4 M
Quarterly Volatility
4.9 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Portage Fintech financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Portage Fintech's main balance sheet or income statement drivers, such as Depreciation And Amortization of 2.5 M, Interest Expense of 15.9 M or Selling General Administrative of 2.5 M, as well as many indicators such as Price To Sales Ratio of 0.0, Dividend Yield of 0.0 or PTB Ratio of 6.56. Portage financial statements analysis is a perfect complement when working with Portage Fintech Valuation or Volatility modules.
  
Check out the analysis of Portage Fintech Correlation against competitors.

Latest Portage Fintech's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Portage Fintech Acquisition 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. Portage Fintech's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Portage Fintech's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (3.29 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Portage Retained Earnings Regression Statistics

Arithmetic Mean(15,070,699)
Coefficient Of Variation(32.41)
Mean Deviation3,422,292
Median(17,209,632)
Standard Deviation4,884,013
Sample Variance23.9T
Range13.9M
R-Value0.66
Mean Square Error14.5T
R-Squared0.44
Significance0.01
Slope720,942
Total Sum of Squares334T

Portage Retained Earnings History

2024-3.4 M
2023-3.3 M
2022-12.8 M

Other Fundumenentals of Portage Fintech Acqu

Portage Fintech Retained Earnings component correlations

1.0-0.93-0.86-0.97-0.720.940.860.711.0-0.970.871.00.751.00.94
1.0-0.92-0.84-0.96-0.70.940.830.681.0-0.960.851.00.721.00.94
-0.93-0.920.930.970.91-0.8-0.93-0.88-0.920.99-0.94-0.93-0.87-0.93-0.8
-0.86-0.840.930.960.94-0.81-1.0-0.96-0.840.88-1.0-0.86-0.98-0.86-0.81
-0.97-0.960.970.960.86-0.91-0.96-0.86-0.960.96-0.96-0.97-0.88-0.97-0.91
-0.72-0.70.910.940.86-0.59-0.94-0.99-0.70.83-0.94-0.72-0.96-0.72-0.59
0.940.94-0.8-0.81-0.91-0.590.810.620.94-0.840.830.940.70.941.0
0.860.83-0.93-1.0-0.96-0.940.810.960.83-0.881.00.850.980.850.81
0.710.68-0.88-0.96-0.86-0.990.620.960.68-0.790.950.710.990.710.62
1.01.0-0.92-0.84-0.96-0.70.940.830.68-0.960.851.00.721.00.94
-0.97-0.960.990.880.960.83-0.84-0.88-0.79-0.96-0.89-0.97-0.79-0.97-0.84
0.870.85-0.94-1.0-0.96-0.940.831.00.950.85-0.890.870.980.870.83
1.01.0-0.93-0.86-0.97-0.720.940.850.711.0-0.970.870.741.00.94
0.750.72-0.87-0.98-0.88-0.960.70.980.990.72-0.790.980.740.740.7
1.01.0-0.93-0.86-0.97-0.720.940.850.711.0-0.970.871.00.740.94
0.940.94-0.8-0.81-0.91-0.591.00.810.620.94-0.840.830.940.70.94
Click cells to compare fundamentals

About Portage Fintech Financial Statements

Portage Fintech stakeholders use historical fundamental indicators, such as Portage Fintech's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Portage Fintech investors may analyze each financial statement separately, they are all interrelated. For example, changes in Portage Fintech's assets and liabilities are reflected in the revenues and expenses on Portage Fintech'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 Portage Fintech Acquisition. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings-3.3 M-3.4 M
Retained Earnings Total Equity-14.7 M-15.5 M

Also Currently Popular

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 Portage Fintech Acqu is a strong investment it is important to analyze Portage Fintech'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 Portage Fintech's future performance. For an informed investment choice regarding Portage Stock, refer to the following important reports:
Check out the analysis of Portage Fintech Correlation against competitors.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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 Portage Fintech. If investors know Portage 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 Portage Fintech 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
(0.78)
Earnings Share
0.08
Return On Assets
(0.01)
The market value of Portage Fintech Acqu is measured differently than its book value, which is the value of Portage that is recorded on the company's balance sheet. Investors also form their own opinion of Portage Fintech's value that differs from its market value or its book value, called intrinsic value, which is Portage Fintech'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 Portage Fintech's market value can be influenced by many factors that don't directly affect Portage Fintech'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 Portage Fintech's value and its price as these two are different measures arrived at by different means. Investors typically determine if Portage Fintech is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Portage Fintech'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.