OraSure Retained Earnings from 2010 to 2024

OSUR Stock

USD 3.64 0.15 3.96%

OraSure Technologies Retained Earnings yearly trend continues to be relatively stable with very little volatility. Retained Earnings are likely to drop to about -88.1 M. Retained Earnings is the cumulative amount of net income that OraSure Technologies retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals

Retained Earnings

First Reported

1988-12-31

Previous Quarter

-88.1 M

Current Value

-92.6 M

Quarterly Volatility

46.4 M

Oil Shock

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check OraSure Technologies financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among OraSure Technologies' main balance sheet or income statement drivers, such as Depreciation And Amortization of 22 M, Interest Expense of 6.7 M or Total Revenue of 425.7 M, as well as many indicators such as Price To Sales Ratio of 1.41, Dividend Yield of 0.0139 or PTB Ratio of 1.33. OraSure financial statements analysis is a perfect complement when working with OraSure Technologies Valuation or Volatility modules.

Check out the analysis of OraSure Technologies Correlation against competitors.

To learn how to invest in OraSure Stock, please use our How to Invest in OraSure Technologies guide.

Latest OraSure Technologies' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of OraSure Technologies 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. OraSure Technologies' Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in OraSure Technologies' overall financial position and show how it may be relating to other accounts over time.

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Last Reported (83.93 M)

10 Years Trend

Pretty Stable

Compare to Others All Fundamentals

Retained Earnings

Timeline

OraSure Retained Earnings Regression Statistics

	Arithmetic Mean	(121,230,973)
	Coefficient Of Variation	(38.33)
	Mean Deviation	36,326,565
	Median	(120,453,000)
	Standard Deviation	46,465,671
	Sample Variance	2159.1T
	Range	172.1M
	R-Value	0.21
	Mean Square Error	2222.7T
	R-Squared	0.04
	Significance	0.45
	Slope	2,180,673
	Total Sum of Squares	30226.8T

OraSure Retained Earnings History

	2024	-88.1 M
	2023	-83.9 M
	2022	-138.4 M
	2021	-120.5 M
	2020	-97.5 M
	2019	-82.5 M
	2018	-99.2 M

Other Fundumenentals of OraSure Technologies

Retained Earnings Total Equity

OraSure Technologies Retained Earnings component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Intangible Assets	Short Term Investments	Common Stock	Property Plant Equipment	Current Deferred Revenue	Net Tangible Assets	Good Will	Capital Surpluse	Deferred Long Term Liab	Net Invested Capital	Long Term Investments	Net Working Capital	Long Term Debt Total
Total Assets		1.0	-0.72	0.13	0.75	0.86	0.88	0.98	-0.03	-0.31	0.31	0.89	0.9	-0.29	0.92	0.7	0.92	-0.89	0.89	-0.22	0.72	-0.52
Total Stockholder Equity	1.0		-0.76	0.16	0.7	0.84	0.84	0.98	-0.06	-0.34	0.31	0.89	0.88	-0.31	0.91	0.68	0.91	-0.9	0.88	-0.2	0.72	-0.55
Net Debt	-0.72	-0.76		-0.1	-0.21	-0.36	-0.41	-0.8	-0.02	0.43	0.19	-0.57	-0.64	0.24	-0.57	-0.36	-0.68	0.67	-0.73	0.38	-0.8	0.82
Retained Earnings	0.13	0.16	-0.1		0.02	0.06	-0.03	0.16	-0.63	-0.66	0.25	0.54	0.19	-0.46	0.22	0.34	0.14	-0.12	0.35	0.06	0.29	-0.28
Accounts Payable	0.75	0.7	-0.21	0.02		0.9	0.94	0.69	0.11	-0.14	0.26	0.7	0.77	-0.22	0.75	0.66	0.76	-0.62	0.69	-0.29	0.48	-0.08
Net Receivables	0.86	0.84	-0.36	0.06	0.9		0.91	0.84	-0.08	-0.25	0.46	0.8	0.75	-0.3	0.84	0.57	0.81	-0.81	0.69	-0.27	0.54	-0.24
Total Liab	0.88	0.84	-0.41	-0.03	0.94	0.91		0.82	0.14	-0.11	0.26	0.76	0.9	-0.16	0.82	0.74	0.84	-0.7	0.79	-0.3	0.57	-0.25
Total Current Assets	0.98	0.98	-0.8	0.16	0.69	0.84	0.82		-0.08	-0.44	0.23	0.88	0.87	-0.35	0.88	0.61	0.9	-0.91	0.87	-0.34	0.78	-0.63
Short Term Debt	-0.03	-0.06	-0.02	-0.63	0.11	-0.08	0.14	-0.08		0.62	-0.46	-0.27	0.07	0.13	-0.17	0.09	-0.02	0.22	-0.03	-0.25	0.01	0.03
Intangible Assets	-0.31	-0.34	0.43	-0.66	-0.14	-0.25	-0.11	-0.44	0.62		-0.15	-0.55	-0.28	0.46	-0.36	-0.02	-0.35	0.5	-0.35	0.26	-0.43	0.5
Short Term Investments	0.31	0.31	0.19	0.25	0.26	0.46	0.26	0.23	-0.46	-0.15		0.42	0.07	-0.16	0.48	0.15	0.24	-0.44	0.05	0.55	-0.19	0.31
Common Stock	0.89	0.89	-0.57	0.54	0.7	0.8	0.76	0.88	-0.27	-0.55	0.42		0.83	-0.45	0.87	0.72	0.82	-0.79	0.87	-0.17	0.7	-0.51
Property Plant Equipment	0.9	0.88	-0.64	0.19	0.77	0.75	0.9	0.87	0.07	-0.28	0.07	0.83		-0.29	0.8	0.8	0.85	-0.66	0.92	-0.39	0.73	-0.52
Current Deferred Revenue	-0.29	-0.31	0.24	-0.46	-0.22	-0.3	-0.16	-0.35	0.13	0.46	-0.16	-0.45	-0.29		-0.31	-0.22	-0.28	0.3	-0.3	0.29	-0.32	0.31
Net Tangible Assets	0.92	0.91	-0.57	0.22	0.75	0.84	0.82	0.88	-0.17	-0.36	0.48	0.87	0.8	-0.31		0.69	0.96	-0.87	0.84	-0.04	0.68	-0.24
Good Will	0.7	0.68	-0.36	0.34	0.66	0.57	0.74	0.61	0.09	-0.02	0.15	0.72	0.8	-0.22	0.69		0.71	-0.42	0.84	-0.12	0.6	-0.22
Capital Surpluse	0.92	0.91	-0.68	0.14	0.76	0.81	0.84	0.9	-0.02	-0.35	0.24	0.82	0.85	-0.28	0.96	0.71		-0.84	0.9	-0.24	0.82	-0.34
Deferred Long Term Liab	-0.89	-0.9	0.67	-0.12	-0.62	-0.81	-0.7	-0.91	0.22	0.5	-0.44	-0.79	-0.66	0.3	-0.87	-0.42	-0.84		-0.69	0.12	-0.6	0.44
Net Invested Capital	0.89	0.88	-0.73	0.35	0.69	0.69	0.79	0.87	-0.03	-0.35	0.05	0.87	0.92	-0.3	0.84	0.84	0.9	-0.69		-0.29	0.88	-0.54
Long Term Investments	-0.22	-0.2	0.38	0.06	-0.29	-0.27	-0.3	-0.34	-0.25	0.26	0.55	-0.17	-0.39	0.29	-0.04	-0.12	-0.24	0.12	-0.29		-0.52	0.56
Net Working Capital	0.72	0.72	-0.8	0.29	0.48	0.54	0.57	0.78	0.01	-0.43	-0.19	0.7	0.73	-0.32	0.68	0.6	0.82	-0.6	0.88	-0.52		-0.62
Long Term Debt Total	-0.52	-0.55	0.82	-0.28	-0.08	-0.24	-0.25	-0.63	0.03	0.5	0.31	-0.51	-0.52	0.31	-0.24	-0.22	-0.34	0.44	-0.54	0.56	-0.62

Click cells to compare fundamentals

About OraSure Technologies Financial Statements

OraSure Technologies shareholders use historical fundamental indicators, such as Retained Earnings, to determine how well the company is positioned to perform in the future. Although OraSure Technologies investors may analyze each financial statement separately, they are all interrelated. The changes in OraSure Technologies' assets and liabilities, for example, are also reflected in the revenues and expenses on on OraSure Technologies' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Retained Earnings	-83.9 M	-88.1 M
Retained Earnings Total Equity	-159.1 M	-167.1 M

Pair Trading with OraSure Technologies

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if OraSure Technologies position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in OraSure Technologies will appreciate offsetting losses from the drop in the long position's value.

Moving against OraSure Stock

0.74	DXCM	DexCom Inc	Pair Corr
0.73	EW	Edwards Lifesciences Corp	Pair Corr
0.67	VREX	Varex Imaging Corp	Pair Corr
0.61	GH	Guardant Health	Pair Corr
0.58	OM	Outset Medical	Pair Corr

The ability to find closely correlated positions to OraSure Technologies could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace OraSure Technologies when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back OraSure Technologies - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling OraSure Technologies to buy it.

The correlation of OraSure Technologies is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as OraSure Technologies moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if OraSure Technologies moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.

Correlation analysis and pair trading evaluation for OraSure Technologies can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.

Pair Correlation Correlation Matching

Additional Tools for OraSure Stock Analysis

When running OraSure Technologies' price analysis, check to measure OraSure Technologies' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy OraSure Technologies is operating at the current time. Most of OraSure Technologies' value examination focuses on studying past and present price action to predict the probability of OraSure Technologies' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move OraSure Technologies' price. Additionally, you may evaluate how the addition of OraSure Technologies to your portfolios can decrease your overall portfolio volatility.

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