GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gladstone Investment Corp (NAS:GAINP.PFD) » Definitions » Retained Earnings

Gladstone Investment (Gladstone Investment) Retained Earnings : $-16.67 Mil (As of Dec. 2023)


View and export this data going back to 2012. Start your Free Trial

What is Gladstone Investment Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gladstone Investment's retained earnings for the quarter that ended in Dec. 2023 was $-16.67 Mil.

Gladstone Investment's quarterly retained earnings declined from Jun. 2023 ($-3.88 Mil) to Sep. 2023 ($-11.75 Mil) and declined from Sep. 2023 ($-11.75 Mil) to Dec. 2023 ($-16.67 Mil).

Gladstone Investment's annual retained earnings declined from Mar. 2021 ($2.59 Mil) to Mar. 2022 ($-13.00 Mil) but then increased from Mar. 2022 ($-13.00 Mil) to Mar. 2023 ($-5.53 Mil).


Gladstone Investment Retained Earnings Historical Data

The historical data trend for Gladstone Investment'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.

Gladstone Investment Retained Earnings Chart

Gladstone Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.34 6.37 2.59 -13.00 -5.53

Gladstone Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.43 -5.53 -3.88 -11.75 -16.67

Gladstone Investment 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.


Gladstone Investment  (NAS:GAINP.PFD) 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.


Gladstone Investment (Gladstone Investment) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.