GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Nano Nuclear Energy Inc (NAS:NNE) » Definitions » Retained Earnings

Nano Nuclear Energy (Nano Nuclear Energy) Retained Earnings : $-8.60 Mil (As of Dec. 2023)


View and export this data going back to 2024. Start your Free Trial

What is Nano Nuclear Energy Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Nano Nuclear Energy's retained earnings for the quarter that ended in Dec. 2023 was $-8.60 Mil.

Nano Nuclear Energy's quarterly retained earnings declined from Dec. 2022 ($0.00 Mil) to Sep. 2023 ($-7.28 Mil) and declined from Sep. 2023 ($-7.28 Mil) to Dec. 2023 ($-8.60 Mil).

Nano Nuclear Energy's annual retained earnings increased from . 20 ($0.00 Mil) to Sep. 2022 ($-1.03 Mil) but then declined from Sep. 2022 ($-1.03 Mil) to Sep. 2023 ($-7.28 Mil).


Nano Nuclear Energy Retained Earnings Historical Data

The historical data trend for Nano Nuclear Energy'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.

Nano Nuclear Energy Retained Earnings Chart

Nano Nuclear Energy Annual Data
Trend Sep22 Sep23
Retained Earnings
-1.03 -7.28

Nano Nuclear Energy Quarterly Data
Sep22 Dec22 Sep23 Dec23
Retained Earnings -1.03 - -7.28 -8.60

Nano Nuclear Energy 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.


Nano Nuclear Energy  (NAS:NNE) 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.


Nano Nuclear Energy (Nano Nuclear Energy) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
10 Times Square, 30th Floor, New York, NY, USA, 10018
Nano Nuclear Energy Inc is an early-stage nuclear energy company developing smaller, cheaper, and safer advanced portable clean energy solutions. It is focused on four business lines as part of development: Micro Nuclear Reactor Business is developing the next-generation nuclear microreactors, in particular ZEUS, a solid core battery reactor, and ODIN, a low-pressure salt coolant reactor. Fuel Fabrication Business, Fuel Transportation Business and Nuclear Consultation Services.

Nano Nuclear Energy (Nano Nuclear Energy) Headlines

From GuruFocus