Sentences with phrase «accumulated deficit»
"Accumulated deficit" refers to the amount of debt or financial loss that a person, company, or organization has built up over time. It represents the negative balance or shortfall between expenses and revenues, adding up over a specific period. Full definition
Since January 1, 2004, Avigen's stock price has fallen more than 90 % and the Company has accumulated a deficit of more than $ 110 million.
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«Fitch believes that the province will also be challenged in restraining ongoing capital spending to make progress in lowering the high debt burden and accumulated deficit over time,» it said.
You can think of the total debt as accumulated deficits plus accumulated off - budget surpluses.
Based on records inspected by the SVG appointed Controller, Millennium incurred significant losses from the date of its incorporation, resulting in large accumulated deficits.
However, since it is physically impossible for the system to accumulate a deficit over a given trading period — EUAs may be banked from one period into another but may not be borrowed from a future trading period into an earlier one — we think the supply gap our model is projecting in the EU - ETS over 2019 - 30 in general, and over 2019 - 23 in particular, will have to be plugged by physical emissions reductions.
But the company had a net loss of $ 154.1 million in 2014, and a loss of $ 77.6 million for the first half of 2015; overall, it's piled up an accumulated deficit of almost a half billion dollars since its inception.
According to its quarterly report, MassRoots made $ 93,385 in revenue in 2016, is operating at a $ 2.6 million net loss, and its accumulated deficit is $ 14.5 million.
«The downgrade to AA - reflects Fitch's concern that risks remain to achieving its goals and both debt burden and the accumulated deficit will remain significantly elevated.»
The government is on track to beat its deficit target for the fifth year in a row, which would result in the accumulated deficit being more than $ 24 billion lower than it otherwise would have been, while investing in key public services.
On CVM's latest 10 - Q, their accumulated deficit — which represents the total loss over the life of the business — is off by $ 5.3 million.
CVM reports an accumulated deficit of - $ 289,584,687, which means their balance sheet doesn't actually balance.
This opened up an interesting opportunity for a national debate about what we want E.I. to be — coverage right now is at all time lows, and the accumulated deficit from the last recession -LSB-...]
Read below: POOR BUDGET PRACTICES HURTING ROCKLAND COUNTY County Has Incurred Large Debt and General Fund Deficit Budgeting practices by Rockland County have left it with an accumulated deficit of more than -LSB-...]
At 1:30 a.m. on Friday, June 21, the New York State Senate passed legislation that would allow Rockland County to borrow up to $ 96 million to cover its accumulated deficit.
Budgeting practices by Rockland County have left it with an accumulated deficit of more than $ 50 million and hundreds of millions in debt, according to an audit released today by New York State Comptroller Thomas P. DiNapoli.
In addition, the county's nursing home had operating deficits in all five years covered by the audit, an accumulated deficit that now totals more than $ 86 million.
Because of accumulated deficits, the...
The Company is in the process of evaluating the terms of the transaction, but believe that if the transaction had been completed at the beginning of the 2008 fiscal year, the cash received would have been recorded as revenue and would have increased the amount of financial assets and decreased each of the net loss and the accumulated deficit reported at September 30, 2008 by $ 7.0 million.
At September 30, 2008, Avigen reported cash, cash - equivalents, and available for sale securities and restricted investments of $ 56.4 million and an accumulated deficit of $ 244.9 million.
At June 30, 2009, the Company had an accumulated deficit of approximately $ 34.9 million.
The company has incurred losses every year since its creation, mounting to an accumulated deficit of $ 65 million in 2010, according to a filing with U.S. Securities and Exchange Commission.
By January 31, 2004, the accumulated deficit had increased to $ 4.8 Million, liabilities totalled $ 4,428,673, while customer deposits were only $ 3,774,463.
In another community, the main public hospital is increasingly relying on the county's indigent care program and accumulating a deficit as it continues to provide care for all women in need.