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NextGen Healthcare (NextGen Healthcare) Retained Earnings : $138.8 Mil (As of Sep. 2023)


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What is NextGen Healthcare Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. NextGen Healthcare's retained earnings for the quarter that ended in Sep. 2023 was $138.8 Mil.

NextGen Healthcare's quarterly retained earnings increased from Mar. 2023 ($127.6 Mil) to Jun. 2023 ($133.8 Mil) and increased from Jun. 2023 ($133.8 Mil) to Sep. 2023 ($138.8 Mil).

NextGen Healthcare's annual retained earnings increased from Mar. 2021 ($128.6 Mil) to Mar. 2022 ($130.3 Mil) but then declined from Mar. 2022 ($130.3 Mil) to Mar. 2023 ($127.6 Mil).


NextGen Healthcare Retained Earnings Historical Data

The historical data trend for NextGen Healthcare'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.

NextGen Healthcare Retained Earnings Chart

NextGen Healthcare Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 111.62 119.12 128.63 130.25 127.60

NextGen Healthcare 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 145.02 152.84 127.60 133.75 138.81

NextGen Healthcare 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.


NextGen Healthcare  (NAS:NXGN) 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.


NextGen Healthcare (NextGen Healthcare) Business Description

Traded in Other Exchanges
N/A
Address
3525 Piedmont Road, NE Building 6, Suite 700, Atlanta, GA, USA, 30305
NextGen Healthcare Inc is a United States-based company that provides healthcare solutions. The company offers technology and services platform supports for ambulatory and specialty practices of all sizes. It provides software, services, and analytics solutions to medical and dental group practices.
Executives
Three Prong Investments, Llc 10 percent owner 1695 VIKING RD, LAGUNA BEACH CA 92651
David A Metcalfe officer: Chief Technology Officer 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Mitchell Waters officer: EVP, Commercial Growth 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Craig A. Barbarosh director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
David Ahmadzai officer: Chief Accounting Officer 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Donna Cullen Greene officer: EVP, Human Resources 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Srinivas S Velamoor officer: EVP, Business Development 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
David William Sides officer: President and CEO 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Arnold James Robert Jr. officer: Chief Financial Officer 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Darnell Dent director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Pamela Puryear director 253 DOLPHIN COVE QUAY, STAMFORD CT 06902
Geraldine Mcginty director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Lonnie Allen Plunk officer: EVP, Operations 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
John R Frantz officer: CEO and President 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305
Lance Rosenzweig director 3525 PIEDMONT RD., NE, BUILDING 6, SUITE 700, ATLANTA GA 30305