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Enviva (Enviva) Retained Earnings : $-426 Mil (As of Sep. 2023)


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What is Enviva Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Enviva's retained earnings for the quarter that ended in Sep. 2023 was $-426 Mil.

Enviva's quarterly retained earnings declined from Mar. 2023 ($-285 Mil) to Jun. 2023 ($-341 Mil) and declined from Jun. 2023 ($-341 Mil) to Sep. 2023 ($-426 Mil).

Enviva's annual retained earnings stayed the same from Dec. 2020 ($0 Mil) to Dec. 2021 ($0 Mil) but then declined from Dec. 2021 ($0 Mil) to Dec. 2022 ($-168 Mil).


Enviva Retained Earnings Historical Data

The historical data trend for Enviva'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.

Enviva Retained Earnings Chart

Enviva Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - - -168.31

Enviva Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -90.90 -168.31 -285.21 -341.05 -426.25

Enviva 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.


Enviva  (NYSE:EVA) 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.


Enviva (Enviva) Business Description

Traded in Other Exchanges
Address
7272 Wisconsin Avenue, Suite 1800, Bethesda, MD, USA, 20814
Enviva Inc develop, construct, acquire, and own and operate, fully contracted wood pellet production plants where the company aggregate a natural resource, wood fiber, and process it into dry, densified, uniform pellets that can be effectively stored and transported around the world. The company sells term, take-or-pay off-take contracts with creditworthy customers in the United Kingdom, the European Union, and Japan, who use pellets to displace coal and other fossil fuels to generate power and heat as part of their efforts to accelerate the energy transition away from conventional energy sources. The company derive a majority of revenues from customers in Europe.
Executives
Inclusive Capital Partners, L.p. 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Glenn Nunziata officer: EVP and CFO 7272 WISCONSIN AVE., STE 1800, BETHESDA MD 20814
Bumgarner John C Jr director
Ralph Alexander director 1000 LOUISIANA, SUITE 1450, HOUSTON TX 77002
Mark A Coscio officer: EVP and CDO 757 N. ELDRIDGE PARKWAY, HOUSTON TX 77079
Lansing Gerrit Livingston Jr. director C/O BTG PACTUAL, 601 LEXINGTON AVENUE, 57TH FLOOR, NEW YORK NY 10022
Gary L Whitlock director
Jason E. Paral officer: SVP, Gen. Counsel & Secretary 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
John-paul D. Taylor officer: SVP and CCO 7272 WISCONSIN AVENUE, SUITE 1800, BETHESDA MD 20814
Yana Kravtsova officer: EVP, Comms, Public & Env. Aff. 7550 WISCONSIN AVE., 9TH FLOOR, BETHESDA MD 20814
John K. Keppler director, officer: Chairman and CEO 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814
Jeffrey W Ubben director, 10 percent owner, other: See Remarks 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129
Shai Even officer: Exec VP and CFO 7616 LBJ FREEWAY, SUITE 300, DALLAS TX 75251
Edward Royal Smith officer: Vice President Operations 7200 WISCONSIN AVE., SUITE 1000, BETHESDA MD 20814
Thomas Meth officer: Exec V.P. of Sales & Marketing 7200 WISCONSIN AVENUE, SUITE 1000, BETHESDA MD 20814