BlackRock Capital Allocation Trust (BlackRock Capital Allocation Trust) Retained Earnings : $-137.0 Mil (As of Dec. 2023)

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What is BlackRock Capital Allocation Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. BlackRock Capital Allocation Trust's retained earnings for the quarter that ended in Dec. 2023 was $-137.0 Mil.

BlackRock Capital Allocation Trust's quarterly retained earnings increased from Dec. 2022 ($-280.9 Mil) to Jun. 2023 ($-228.5 Mil) and increased from Jun. 2023 ($-228.5 Mil) to Dec. 2023 ($-137.0 Mil).

BlackRock Capital Allocation Trust's annual retained earnings declined from Dec. 2021 ($0.0 Mil) to Dec. 2022 ($-280.9 Mil) but then increased from Dec. 2022 ($-280.9 Mil) to Dec. 2023 ($-137.0 Mil).

BlackRock Capital Allocation Trust Retained Earnings Historical Data

The historical data trend for BlackRock Capital Allocation 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 Capital Allocation Trust Retained Earnings Chart

BlackRock Capital Allocation Trust Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Retained Earnings

116.81

-280.89

-137.03

BlackRock Capital Allocation Trust Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Retained Earnings	Get a 7-Day Free Trial			-	-256.33	-280.89	-228.46	-137.03

BlackRock Capital Allocation 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 Capital Allocation Trust (NYSE:BCAT) 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 Capital Allocation Trust (BlackRock Capital Allocation Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Capital Allocation Trust (NYSE:BCAT) » Definitions » Retained Earnings

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

BlackRock Capital Allocation Trust is a non-diversified, closed-end management investment company. The investment objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Richard M Rieder	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Russell Jared Koesterich	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
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
Blackrock (singapore) Ltd.	other: Investment Adviser	40 EAST 52ND STREET, NEW YORK NY 10022
Robert Glenn Hubbard	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano	director	C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020