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Calamos L/S Equity & Dynamic Trust (Calamos L/S Equity & Dynamic Trust) Retained Earnings : $-67.85 Mil (As of Oct. 2023)


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What is Calamos L/S Equity & Dynamic Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Calamos L/S Equity & Dynamic Trust's retained earnings for the quarter that ended in Oct. 2023 was $-67.85 Mil.

Calamos L/S Equity & Dynamic Trust's quarterly retained earnings increased from Oct. 2022 ($-45.88 Mil) to Apr. 2023 ($-43.67 Mil) but then declined from Apr. 2023 ($-43.67 Mil) to Oct. 2023 ($-67.85 Mil).

Calamos L/S Equity & Dynamic Trust's annual retained earnings declined from Oct. 2021 ($29.84 Mil) to Oct. 2022 ($-45.88 Mil) and declined from Oct. 2022 ($-45.88 Mil) to Oct. 2023 ($-67.85 Mil).

Calamos L/S Equity & Dynamic Trust Retained Earnings Historical Data

The historical data trend for Calamos L/S Equity & Dynamic 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.

Calamos L/S Equity & Dynamic Trust Retained Earnings Chart

Calamos L/S Equity & Dynamic Trust Annual Data
Trend Oct20 Oct21 Oct22 Oct23
Retained Earnings
-0.04 29.84 -45.88 -67.85

Calamos L/S Equity & Dynamic Trust Semi-Annual Data
Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Retained Earnings Get a 7-Day Free Trial 29.84 2.64 -45.88 -43.67 -67.85

Calamos L/S Equity & Dynamic 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.

Calamos L/S Equity & Dynamic Trust  (NAS:CPZ) 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.

Calamos L/S Equity & Dynamic Trust (Calamos L/S Equity & Dynamic Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Calamos L/S Equity & Dynamic Inc Trust (NAS:CPZ) » Definitions » Retained Earnings
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Traded in Other Exchanges
N/A
Address
2020 Calamos Court, Naperville, IL, USA, 60563-2787
Website
https://www.calamos.com
Calamos L/S Equity & Dynamic Inc Trust is a trust company which seeks to provide current income and risk-managed capital appreciation. The company invests in securities across sectors such as Industrials, Healthcare, Financials, Consumer Discretionary and others.
Executives
John S. Koudounis officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos John P Sr director, officer: President and Chairman 2020 CALAMOS COURT, NAPERVILLE IL 60563
Erik D. Ojala officer: VP, Sec'y & Chief Legal Off. 2020 CALAMOS CT., NAPERVILLE IL 60563
Susan L Schoenberger officer: VP and Assistant Secretary 2020 CALAMOS COURT, NAPERVILLE IL 60563
Daniel Dufresne officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Christopher M Toub director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Robert Behan officer: Vice President 2020 CALAMOS COURT, NAPERVILLE IL 60563
Thomas E Herman officer: VP and CFO 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Atkins officer: Treasurer 2020 CALAMOS COURT, NAPERVILLE IL 60563
Karen Stuckey director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Calamos Advisors Llc other: Investment Adviser 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen B Timbers director 2020 CALAMOS COURT, NAPERVILLE IL 60563
Mark Mickey officer: Chief Compliance Officer 2020 CALAMOS COURT, NAPERVILLE IL 60563
William R Rybak director 2020 CALAMOS COURT, NAPERVILE IL 60563
John E Neal director 2020 CALAMOS COURT, NAPERVILLE X1 60563