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Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Arbutus Biopharma's retained earnings for the quarter that ended in Dec. 2023 was $-1,276.65 Mil.
Arbutus Biopharma's quarterly retained earnings declined from Jun. 2023 ($-1,237.24 Mil) to Sep. 2023 ($-1,257.34 Mil) and declined from Sep. 2023 ($-1,257.34 Mil) to Dec. 2023 ($-1,276.65 Mil).
Arbutus Biopharma's annual retained earnings declined from Dec. 2021 ($-1,134.35 Mil) to Dec. 2022 ($-1,203.80 Mil) and declined from Dec. 2022 ($-1,203.80 Mil) to Dec. 2023 ($-1,276.65 Mil).
The historical data trend for Arbutus Biopharma'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.
Arbutus Biopharma Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Retained Earnings | Get a 7-Day Free Trial | -970.09 | -1,045.96 | -1,134.35 | -1,203.80 | -1,276.65 |
Arbutus Biopharma Quarterly Data | ||||||||||||||||||||
Mar19 | Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | |
Retained Earnings | Get a 7-Day Free Trial | -1,203.80 | -1,220.14 | -1,237.24 | -1,257.34 | -1,276.65 |
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.
Arbutus Biopharma (NAS:ABUS) 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.
Melissa Rewolinski | director | 9000 STATE ROAD, PHILADELPHIA PA 19136 |
Karen Sims | officer: Chief Medical Officer | 701 VETERANS CIRCLE, WARMINSTER PA 18974 |
J. Christopher Naftzger | officer: General Counsel and CCO | 633 LOWTHER ROAD, LEWISBERRY PA 17339 |
Michael J. Sofia | officer: Chief Scientific Officer | C/O ARBUTUS BIOPHARMA CORP., SUITE 100, 8900 GLENLYON PARKWAY, BURNABY A1 V5J 5J8 |
Tram Tran | director | C/O ARBUTUS BIOPHARMA CORPORATION, 701 VETERANS CIRCLE, WARMINSTER PA 18974 |
Roivant Sciences Ltd. | 10 percent owner | CLARENDON HOUSE, 2 CHURCH STREET, HAMILTON D0 HM11 |
Michael J. Mcelhaugh | officer: Chief Business Officer | C/O ONCORE BIOPHARMA, INC., 3805 OLD EASTON ROAD, DOYLESTOWN PA 18902 |
Eric Venker | director | C/O ROIVANT SCIENCES, INC., 320 WEST 37TH STREET, 6TH FLOOR, NEW YORK NY 10018 |
James R Meyers | director | GILEAD SCIENCES, INC., 333 LAKESIDE DRIVE, FOSTER CITY CA 94404 |
Andrew Cheng | director | 170 HARBOR WAY, 3RD FLOOR, C/O AKERO THERAPEUTICS, INC., SOUTH SAN FRANCISCO CA 94080 |
Myrtle S Potter | director | 10 FINDERNE AVE, BRIDGEWATER NJ 08807 |
William H. Collier | director, officer: President and CEO | C/O ARBUTUS BIOPHARMA CORPORATION, 701 VETERANS CIRCLE, WARMINSTER PA 18974 |
Elizabeth Howard | officer: Executive VP & General Counsel | 100-8900 GLENLYON PARKWAY, BURNABY A1 V5J 5J8 |
David C Hastings | officer: Chief Financial Officer | C/O ARBUTUS BIOPHARMA, 100-8900 GLENLYON PARKWAY, BURNABY A1 V5J 5J8 |
Gaston Picchio | officer: Chief Development Officer | C/O ARBUTUS BIOPHARMA CORP, 100-8900 GLENLYON PARKWAY, BURNABY A1 V5J 5J8 |
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