Sunnova Retained Earnings from 2010 to 2024

NOVA Stock  USD 5.41  0.07  1.31%   
Sunnova Energy's Retained Earnings are decreasing over the years with slightly volatile fluctuation. Retained Earnings are expected to dwindle to about -240 M. Retained Earnings is the cumulative amount of net income that Sunnova Energy International retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2018-12-31
Previous Quarter
-32.4 M
Current Value
-1.6 M
Quarterly Volatility
143.7 M
 
Covid
Check Sunnova Energy financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Sunnova Energy's main balance sheet or income statement drivers, such as Interest Income of 121.7 M, Depreciation And Amortization of 96.6 M or Interest Expense of 390.5 M, as well as many indicators such as Price To Sales Ratio of 2.38, Dividend Yield of 0.0 or PTB Ratio of 2.3. Sunnova financial statements analysis is a perfect complement when working with Sunnova Energy Valuation or Volatility modules.
  
Check out the analysis of Sunnova Energy Correlation against competitors.

Latest Sunnova Energy's Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Sunnova Energy International over the last few years. It is the cumulative amount of net income that a company retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. Sunnova Energy's Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Sunnova Energy's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (228.58 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Sunnova Retained Earnings Regression Statistics

Arithmetic Mean(294,285,277)
Coefficient Of Variation(31.66)
Mean Deviation72,023,319
Median(242,757,000)
Standard Deviation93,157,698
Sample Variance8678.4T
Range302.4M
R-Value(0.43)
Mean Square Error7601.2T
R-Squared0.19
Significance0.11
Slope(9,000,364)
Total Sum of Squares121497T

Sunnova Retained Earnings History

2024-240 M
2023-228.6 M
2022-364.8 M
2021-459.7 M
2020-531 M
2019-361.8 M
2018-286.3 M

About Sunnova Energy Financial Statements

Sunnova Energy stakeholders use historical fundamental indicators, such as Sunnova Energy's Retained Earnings, to determine how well the company is positioned to perform in the future. Although Sunnova Energy investors may analyze each financial statement separately, they are all interrelated. For example, changes in Sunnova Energy's assets and liabilities are reflected in the revenues and expenses on Sunnova Energy's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Sunnova Energy International. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings-228.6 M-240 M

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When determining whether Sunnova Energy Inter offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Sunnova Energy's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Sunnova Energy International Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Sunnova Energy International Stock:
Check out the analysis of Sunnova Energy Correlation against competitors.
You can also try the Portfolio Holdings module to check your current holdings and cash postion to detemine if your portfolio needs rebalancing.
Is Independent Power and Renewable Electricity Producers space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Sunnova Energy. If investors know Sunnova will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Sunnova Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(3.42)
Revenue Per Share
6.552
Quarterly Revenue Growth
0.186
Return On Assets
(0.01)
Return On Equity
(0.23)
The market value of Sunnova Energy Inter is measured differently than its book value, which is the value of Sunnova that is recorded on the company's balance sheet. Investors also form their own opinion of Sunnova Energy's value that differs from its market value or its book value, called intrinsic value, which is Sunnova Energy's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Sunnova Energy's market value can be influenced by many factors that don't directly affect Sunnova Energy's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Sunnova Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine if Sunnova Energy is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Sunnova Energy's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.