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Nuvation Bio (Nuvation Bio) Retained Earnings : $-137.67 Mil (As of Sep. 2021)


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What is Nuvation Bio Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nuvation Bio's retained earnings for the quarter that ended in Sep. 2021 was $-137.67 Mil.

Nuvation Bio's quarterly retained earnings declined from Mar. 2021 ($-96.36 Mil) to Jun. 2021 ($-115.69 Mil) and declined from Jun. 2021 ($-115.69 Mil) to Sep. 2021 ($-137.67 Mil).

Nuvation Bio's annual retained earnings stayed the same from . 20 ($0.00 Mil) to . 20 ($0.00 Mil) but then increased from . 20 ($0.00 Mil) to Dec. 2020 ($-18.22 Mil).


Nuvation Bio Retained Earnings Historical Data

The historical data trend for Nuvation Bio'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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Nuvation Bio Retained Earnings Chart

Nuvation Bio Annual Data
Trend Dec20 Dec21
Retained Earnings
-18.22 -162.80

Nuvation Bio Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21
Retained Earnings Get a 7-Day Free Trial -18.22 -96.36 -115.69 -137.67 -162.80

Nuvation Bio 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.


Nuvation Bio  (NYSE:NUVB.WS) 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.


Nuvation Bio (Nuvation Bio) Business Description

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Traded in Other Exchanges
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Address
1500 Broadway, Suite 1401, New York, NY, USA, 10036
Nuvation Bio Inc is a biopharmaceutical company. The company is engaged in developing therapeutic candidates for the unmet needs in oncology. The firm operates in pharmaceutical, biotechnology and other related markets that develop small molecules and drug conjugates as treatments for cancer patients.