Virax Retained Earnings from 2010 to 2024

VRAX Stock  USD 1.94  0.06  3.19%   
Virax Biolabs Retained Earnings yearly trend continues to be fairly stable with very little volatility. Retained Earnings are likely to outpace its year average in 2024. Retained Earnings is the cumulative amount of net income that Virax Biolabs Group retains for reinvestment in its operations, rather than distributing it to shareholders as dividends. View All Fundamentals
 
Retained Earnings  
First Reported
2010-12-31
Previous Quarter
-18.5 M
Current Value
-17.6 M
Quarterly Volatility
5.1 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Virax Biolabs financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Virax Biolabs' main balance sheet or income statement drivers, such as Tax Provision of 0.0, Depreciation And Amortization of 97.9 K or Interest Expense of 28.3 K, as well as many indicators such as Price To Sales Ratio of 8.96, Dividend Yield of 0.0 or PTB Ratio of 0.29. Virax financial statements analysis is a perfect complement when working with Virax Biolabs Valuation or Volatility modules.
  
Check out the analysis of Virax Biolabs Correlation against competitors.

Latest Virax Biolabs' Retained Earnings Growth Pattern

Below is the plot of the Retained Earnings of Virax Biolabs Group 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. Virax Biolabs' Retained Earnings historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Virax Biolabs' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported (18.53 M)10 Years Trend
Slightly volatile
   Retained Earnings   
       Timeline  

Virax Retained Earnings Regression Statistics

Arithmetic Mean(6,577,381)
Coefficient Of Variation(77.42)
Mean Deviation3,758,922
Median(3,977,155)
Standard Deviation5,092,274
Sample Variance25.9T
Range14.6M
R-Value(0.73)
Mean Square Error13T
R-Squared0.53
Significance0
Slope(832,696)
Total Sum of Squares363T

Virax Retained Earnings History

2024-17.6 M
2023-18.5 M
2022-11.8 M
2021-6.3 M
2020-4.6 M

About Virax Biolabs Financial Statements

Virax Biolabs investors use historical fundamental indicators, such as Virax Biolabs' Retained Earnings, to determine how well the company is positioned to perform in the future. Understanding over-time patterns can help investors decide on long-term investments in Virax Biolabs. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Retained Earnings-18.5 M-17.6 M

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Additional Tools for Virax Stock Analysis

When running Virax Biolabs' price analysis, check to measure Virax Biolabs' 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 Virax Biolabs is operating at the current time. Most of Virax Biolabs' value examination focuses on studying past and present price action to predict the probability of Virax Biolabs' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Virax Biolabs' price. Additionally, you may evaluate how the addition of Virax Biolabs to your portfolios can decrease your overall portfolio volatility.