GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Clough Global Opportunities Fund (AMEX:GLO) » Definitions » Retained Earnings

Clough Global Opportunities Fund (Clough Global Opportunities Fund) Retained Earnings : $-143.52 Mil (As of Oct. 2023)


View and export this data going back to 1992. Start your Free Trial

What is Clough Global Opportunities Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Clough Global Opportunities Fund's retained earnings for the quarter that ended in Oct. 2023 was $-143.52 Mil.

Clough Global Opportunities Fund's quarterly retained earnings declined from Oct. 2022 ($-134.97 Mil) to Apr. 2023 ($-152.57 Mil) but then increased from Apr. 2023 ($-152.57 Mil) to Oct. 2023 ($-143.52 Mil).

Clough Global Opportunities Fund's annual retained earnings declined from Oct. 2021 ($83.91 Mil) to Oct. 2022 ($-134.97 Mil) and declined from Oct. 2022 ($-134.97 Mil) to Oct. 2023 ($-143.52 Mil).


Clough Global Opportunities Fund Retained Earnings Historical Data

The historical data trend for Clough Global Opportunities Fund'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.

Clough Global Opportunities Fund Retained Earnings Chart

Clough Global Opportunities Fund Annual Data
Trend Mar14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.11 16.84 83.91 -134.97 -143.52

Clough Global Opportunities Fund Semi-Annual Data
Mar14 Sep14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 83.91 -83.33 -134.97 -152.57 -143.52

Clough Global Opportunities Fund 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.


Clough Global Opportunities Fund  (AMEX:GLO) 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.


Clough Global Opportunities Fund (Clough Global Opportunities Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1000, Denver, CO, USA, 80203
Clough Global Opportunities Fund is a closed-end management investment company based in the United States. Its investment objective is to provide a high level of total return. The fund invests in a mix of U.S. and non-U.S. equity and debt securities.
Executives
Charles Jr Clough other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Clough Capital Partners, L.p. other: Investment Advisor of Fund 53 STATE STREET, 27TH FLOOR, SUITE 2702, BOSTON MA 02109
Michael Jason Hearle other: Person affiliated with Inv Adv 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Kevin Joseph Mcnally other: Trustee 53 STATE STREET, 27TH FLOOR, BOSTON MA 02109
Lainey Ejiasa officer: President 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Dylan Riter Mikel other: Assistant Treasurer 2921 SOUTH COORS DRIVE, LAKEWOOD CO 80228
Adams Nicholas other: Secretary 1055 BROADWAY, 3RD FL, KANSAS CITY MT 64105
Ryan Johanson officer: Treasurer 1290 BROADWAY SUITE 1000, DENVER CO 80203
Alex James Marks officer: Assistant Secretary 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Karen Ann Digravio other: Trustee 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Lucas D Foss officer: Chief Compliance Officer 1290 BROADWAY SUITE 1100, DENVER CO 80203