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OPAL Fuels (OPAL Fuels) Retained Earnings : $-370.8 Mil (As of Mar. 2024)


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What is OPAL Fuels Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. OPAL Fuels's retained earnings for the quarter that ended in Mar. 2024 was $-370.8 Mil.

OPAL Fuels's quarterly retained earnings increased from Sep. 2023 ($-841.4 Mil) to Dec. 2023 ($-467.2 Mil) and increased from Dec. 2023 ($-467.2 Mil) to Mar. 2024 ($-370.8 Mil).

OPAL Fuels's annual retained earnings declined from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($-800.8 Mil) but then increased from Dec. 2022 ($-800.8 Mil) to Dec. 2023 ($-467.2 Mil).


OPAL Fuels Retained Earnings Historical Data

The historical data trend for OPAL Fuels'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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OPAL Fuels Retained Earnings Chart

OPAL Fuels Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
- -25.40 - -800.81 -467.20

OPAL Fuels Quarterly Data
Dec19 Dec20 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 Premium Member Only -807.90 -749.91 -841.42 -467.20 -370.83

OPAL Fuels 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.


OPAL Fuels  (NAS:OPAL) 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.


OPAL Fuels (OPAL Fuels) Business Description

Traded in Other Exchanges
N/A
Address
One North Lexington Avenue, Suite 1450, White Plains, NY, USA, 10601
OPAL Fuels Inc is a fully integrated, nationwide leader in the production and distribution of low-carbon intensity renewable natural gas. The company's vertical waste-to-energy model combines the upstream production and downstream marketing and distribution of RNG, delivering a scalable, low-cost solution to decarbonize heavy-duty transportation and other industrial markets.