FMO (Fiduciary/Claymore Energy Infrastructure Fund) Retained Earnings: $-4.31 Mil (As of Nov. 2021)

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FMO Fiduciary/Claymore Energy Infrastructure Fund FMO
40 GF Score
Price $12.12
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What is Fiduciary/Claymore Energy Infrastructure Fund Retained Earnings?

Fiduciary/Claymore Energy Infrastructure Fund FMO 40 Retained Earnings is $-4.31 Mil as of Nov. 2021. GuruFocus rates FMO with a GF Score™ of 40/100.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Fiduciary/Claymore Energy Infrastructure Fund's retained earnings for the quarter that ended in Nov. 2021 was $-4.31 Mil.

Fiduciary/Claymore Energy Infrastructure Fund's quarterly retained earnings increased from Nov. 2020 ($-38.65 Mil) to May. 2021 ($-2.75 Mil) but then declined from May. 2021 ($-2.75 Mil) to Nov. 2021 ($-4.31 Mil).

Fiduciary/Claymore Energy Infrastructure Fund's annual retained earnings declined from Nov. 2019 ($165.03 Mil) to Nov. 2020 ($-38.65 Mil) but then increased from Nov. 2020 ($-38.65 Mil) to Nov. 2021 ($-4.31 Mil).

Fiduciary/Claymore Energy Infrastructure Fund  (NYSE:FMO) 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.

Fiduciary/Claymore Energy Infrastructure Fund Retained Earnings Historical Data

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The historical data trend for Fiduciary/Claymore Energy Infrastructure 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.

Fiduciary/Claymore Energy Infrastructure Fund Retained Earnings Chart

Fiduciary/Claymore Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21
Retained Earnings
-72.66 219.53 165.03 -38.65 -4.31

Fiduciary/Claymore Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21
Retained Earnings Get a 7-Day Free Trial Premium Member Only 165.03 -7.67 -38.65 -2.75 -4.31
FMO
40GF Score
Fiduciary/Claymore Energy Infrastructure Fund FMO
Retained Earnings is just one metric. See GF Score™, valuation, warning signs, and more.
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Fiduciary/Claymore Energy Infrastructure 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of $-4.31 Mil mean?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a Retained Earnings of $-4.31 Mil as of Nov. 2021. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors.
Is Fiduciary/Claymore Energy Infrastructure Fund's Retained Earnings too high?
Fiduciary/Claymore Energy Infrastructure Fund's current Retained Earnings is $-4.31 Mil. Overall, Fiduciary/Claymore Energy Infrastructure Fund has a GF Score™ of 40/100, reflecting its overall financial health beyond just this single metric.
How does Fiduciary/Claymore Energy Infrastructure Fund's Retained Earnings compare to DTF and IAE?
Fiduciary/Claymore Energy Infrastructure Fund's Retained Earnings of $-4.31 Mil can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for an Asset Management company?
A good Retained Earnings depends on the Asset Management industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Fiduciary/Claymore Energy Infrastructure Fund and its competitors. Fiduciary/Claymore Energy Infrastructure Fund's current Retained Earnings is $-4.31 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Fiduciary/Claymore Energy Infrastructure Fund stock overvalued right now?
Fiduciary/Claymore Energy Infrastructure Fund (FMO) has a current Retained Earnings of $-4.31 Mil. The current Retained Earnings is $-4.31 Mil. Fiduciary/Claymore Energy Infrastructure Fund's overall GF Score™ is 40/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Fiduciary/Claymore Energy Infrastructure Fund (FMO), the current Retained Earnings is $-4.31 Mil as of Nov. 2021. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Fiduciary/Claymore Energy Infrastructure Fund Business Description

Address 227 West Monroe Street, Chicago, IL, USA, 60606
Fiduciary/Claymore Energy Infrastructure Fund is a non-diversified, closed-end management investment company. Its investment objective is to provide a high level of after-tax total return with an emphasis on current distributions paid to shareholders.
40GF Score

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Retained Earnings is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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