GURUFOCUS.COM » STOCK LIST » Utilities » Utilities - Regulated » Via Renewables Inc (NAS:VIA) » Definitions » Retained Earnings
中文

Via Renewables (Via Renewables) Retained Earnings : $9.0 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is Via Renewables Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Via Renewables's retained earnings for the quarter that ended in Dec. 2023 was $9.0 Mil.

Via Renewables's quarterly retained earnings increased from Jun. 2023 ($7.2 Mil) to Sep. 2023 ($12.0 Mil) but then declined from Sep. 2023 ($12.0 Mil) to Dec. 2023 ($9.0 Mil).

Via Renewables's annual retained earnings increased from Dec. 2021 ($0.2 Mil) to Dec. 2022 ($2.1 Mil) and increased from Dec. 2022 ($2.1 Mil) to Dec. 2023 ($9.0 Mil).


Via Renewables Retained Earnings Historical Data

The historical data trend for Via Renewables'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.

Via Renewables Retained Earnings Chart

Via Renewables 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 1.07 11.72 0.17 2.07 8.97

Via Renewables 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 2.07 1.89 7.23 12.04 8.97

Via Renewables 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.


Via Renewables  (NAS:VIA) 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.


Via Renewables (Via Renewables) Business Description

Traded in Other Exchanges
Address
12140 Wickchester Lane, Suite 100, Houston, TX, USA, 77079
Via Renewables Inc is an independent retail energy services company. It provides residential and commercial customers in competitive markets across the United States with an alternative choice for natural gas and electricity. Via Renewables offers its customers a variety of product and service choices, including stable and predictable energy costs and green product alternatives. Its segments are Retail Electricity and Retail Natural Gas. The key revenue is derived from the Retail Electricity segment in which the company purchase electricity supply through physical and financial transactions with market counterparties and ISOs and supplies electricity to residential and commercial consumers pursuant to fixed-price and variable-price contracts.
Executives
Andrew Stephen Kennedy director 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Maxwell W Keith Iii director, 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Amanda Bush director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77057
Barbara Clay officer: Acting General Counsel and Sec C/O GOOD COUNSEL SERVICES, LLC, 111 FARMS ROAD, STAMFORD CT 06903
Mike Barajas officer: Chief Financial Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Paul Konikowski officer: Chief Operating Officer 12140 WICKCHESTER LN, STE 100, HOUSTON TX 77079
Jones James G Ii director 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Evans Nick W Jr director 6205 PEACHTREE DUNWOODY ROAD, ATLANTA GA 30328
Kevin M Mcminn officer: Chief Operating Officer 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Nathan Kroeker director, officer: See Remarks 12160 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Gil Melman officer: See Remarks 12140 WICKCHESTER LN, SUITE 100, HOUSTON TX 77079
Jason K. Garrett officer: Executive Vice President 2105 CITYWEST BLVD., SUITE 100, HOUSTON TX 77042
Robert Lawrence Lane officer: Vice President and CFO 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079
Kenneth Michael Hartwick director 200 CLARENDON STREET, BOSTON MA 02116
Electric Holdco, Llc 10 percent owner 12140 WICKCHESTER LANE, SUITE 100, HOUSTON TX 77079