GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » NuScale Power Corp (NYSE:SMR) » Definitions » Retained Earnings

NuScale Power (NuScale Power) Retained Earnings : $-257.03 Mil (As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is NuScale Power Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NuScale Power's retained earnings for the quarter that ended in Mar. 2024 was $-257.03 Mil.

NuScale Power's quarterly retained earnings declined from Sep. 2023 ($-221.70 Mil) to Dec. 2023 ($-240.45 Mil) and declined from Dec. 2023 ($-240.45 Mil) to Mar. 2024 ($-257.03 Mil).

NuScale Power's annual retained earnings increased from Dec. 2021 ($-781.62 Mil) to Dec. 2022 ($-182.09 Mil) but then declined from Dec. 2022 ($-182.09 Mil) to Dec. 2023 ($-240.45 Mil).


NuScale Power Retained Earnings Historical Data

The historical data trend for NuScale Power'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.

NuScale Power Retained Earnings Chart

NuScale Power Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
-590.74 -679.13 -781.62 -182.09 -240.45

NuScale Power Quarterly Data
Dec19 Sep20 Dec20 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 -193.05 -202.58 -221.70 -240.45 -257.03

NuScale Power 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.


NuScale Power  (NYSE:SMR) 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.


NuScale Power (NuScale Power) Business Description

Traded in Other Exchanges
N/A
Address
6650 SW Redwood Lane, Suite 210, Portland, OR, USA, 97224
NuScale Power Corp is engaged in the development of a new modular light water reactor nuclear power plant to supply energy for electrical generation, district heating, desalination, hydrogen production, and other process heat applications.
Executives
Thomas P Mundy officer: Chief Commercial Officer 6550 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Chris Colbert officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Shinji Fujino director 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Alan L Boeckmann director C/O FLUOR CORP, ONE ENTERPRISE DR, ALISO VIEJO CA 92656
Robert Ramsey Hamady officer: Chief Financial Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Carl M. Fisher officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Rudy Murgo officer: Treasurer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Karin Feldman officer: Interim Chief Operating Office 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
John Lawrence Hopkins director, officer: Chief Executive Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Julie Adelman officer: Controller 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Clayton Scott officer: EVP, Business Development 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Robert K Temple officer: General Counsel 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Reyes Jose N Jr officer: Chief Technology Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Dale Atkinson officer: Chief Operating Officer 6650 SW REDWOOD LANE, SUITE 210, PORTLAND OR 97224
Ibk Securities Co., Ltd. 10 percent owner 11 GUKJEGEUMYUNG-RO 6-GIL, YEONGDEUNGPO-GU, SEOUL M5 07330

NuScale Power (NuScale Power) Headlines

From GuruFocus