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Nuvera Communications (Nuvera Communications) Retained Earnings : $88.49 Mil (As of Dec. 2023)


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What is Nuvera Communications Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nuvera Communications's retained earnings for the quarter that ended in Dec. 2023 was $88.49 Mil.

Nuvera Communications's quarterly retained earnings increased from Jun. 2023 ($96.19 Mil) to Sep. 2023 ($96.74 Mil) but then declined from Sep. 2023 ($96.74 Mil) to Dec. 2023 ($88.49 Mil).

Nuvera Communications's annual retained earnings increased from Dec. 2021 ($90.34 Mil) to Dec. 2022 ($92.43 Mil) but then declined from Dec. 2022 ($92.43 Mil) to Dec. 2023 ($88.49 Mil).


Nuvera Communications Retained Earnings Historical Data

The historical data trend for Nuvera Communications'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.

Nuvera Communications Retained Earnings Chart

Nuvera Communications Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 72.11 80.75 90.34 92.43 88.49

Nuvera Communications 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 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 92.43 96.15 96.19 96.74 88.49

Nuvera Communications 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.


Nuvera Communications  (OTCPK:NUVR) 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.


Nuvera Communications (Nuvera Communications) Business Description

Traded in Other Exchanges
N/A
Address
27 North Minnesota Street, New Ulm, MN, USA, 56073
Nuvera Communications Inc is a communications company. It provides Internet, digital TV, voice, and managed services such as web hosting and design, online file storage and others. It generates its revenue in the form of local services, network access, video, data, A-CAM/FUSF, and others. The company operates in the Communications Segment. The Communications Segment consists of voice, data and video communication services delivered to the customer over fiber communications network.
Executives
Glenn Zerbe officer: CEO/President 27 NORTH MINNESOTA STREET, NEW ULM MN 56073
Craig Steven Anderson officer: Chief Business Development Off P.O. BOX 697, NEW ULM MN 56073
James J Seifert director C/O BEMIS CO INC, 222 S. 9TH ST. #2300, MINNEAPOLIS MN 55402
Skillings Colleen R. director 36 WOODLAND DRIVE, NEW ULM MN 56073
Duane Lambrecht director
Wesley E Schultz director PO BOX 2000, 3905 DAKOTA STREET SW, ALEXANDRIA MN 56308
Suzanne M. Spellacy director 108 ALEXANDER COURT, MANKATO MN 56001
Barbara A Bornhoft officer: Vice President
Perry Meyer director RR 3 BOX 130, NEW ULM MN 56073
James P Jensen director
Curtis O. Kawlewski officer: CFO 3710 REED ROAD, ST, BONIFACIUS MN 55375
Dennis Miller director 18930 JASMINE ROAD, MANKATO MN 56001
Bill D Otis officer: CEO/President
Patricia L Matthews officer: Assistant Secretary
Mary Ellen Domeier director

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