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Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Retained Earnings : $-39.05 Mil (As of Dec. 2023)


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What is Blackrock Floating Rateome Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Blackrock Floating Rateome Trust's retained earnings for the quarter that ended in Dec. 2023 was $-39.05 Mil.

Blackrock Floating Rateome Trust's quarterly retained earnings increased from Dec. 2022 ($-50.75 Mil) to Jun. 2023 ($-43.50 Mil) and increased from Jun. 2023 ($-43.50 Mil) to Dec. 2023 ($-39.05 Mil).

Blackrock Floating Rateome Trust's annual retained earnings declined from Dec. 2021 ($-27.99 Mil) to Dec. 2022 ($-50.75 Mil) but then increased from Dec. 2022 ($-50.75 Mil) to Dec. 2023 ($-39.05 Mil).


Blackrock Floating Rateome Trust Retained Earnings Historical Data

The historical data trend for Blackrock Floating Rateome Trust'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.

Blackrock Floating Rateome Trust Retained Earnings Chart

Blackrock Floating Rateome Trust Annual Data
Trend Oct17 Oct18 Oct19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -21.91 -31.58 -27.99 -50.75 -39.05

Blackrock Floating Rateome Trust Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -27.99 -58.04 -50.75 -43.50 -39.05

Blackrock Floating Rateome Trust 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.


Blackrock Floating Rateome Trust  (NYSE:BGT) 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.


Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Floating Rate Income Trust is a closed-end management investment company. Its investment objective is to provide a high level of current income. The company's secondary investment objective is to seek the preservation of capital. The Trust seeks to achieve its investment objectives by investing mainly, under normal conditions, at least 80% of its assets in floating and variable rate instruments of U.S. and non-U.S. issuers, including a substantial portion of its assets in global floating and variable rate securities including senior secured floating rate loans made to corporate and other business entities.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert Glenn Hubbard director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Richard Cavanagh director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Blackrock Internationl, Ltd. other: Investment Adviser 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
James Keenan other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Abigail Apistolas other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Mitchell Garfin other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Carly Wilson other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Floating Rateome Trust (Blackrock Floating Rateome Trust) Headlines

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