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Great Elm Capital (Great Elm Capital) Retained Earnings : $-185.13 Mil (As of Dec. 2023)


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What is Great Elm Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Great Elm Capital's retained earnings for the quarter that ended in Dec. 2023 was $-185.13 Mil.

Great Elm Capital's quarterly retained earnings increased from Jun. 2023 ($-191.33 Mil) to Sep. 2023 ($-186.23 Mil) and increased from Sep. 2023 ($-186.23 Mil) to Dec. 2023 ($-185.13 Mil).

Great Elm Capital's annual retained earnings declined from Dec. 2021 ($-171.02 Mil) to Dec. 2022 ($-199.37 Mil) but then increased from Dec. 2022 ($-199.37 Mil) to Dec. 2023 ($-185.13 Mil).


Great Elm Capital Retained Earnings Historical Data

The historical data trend for Great Elm Capital'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.

Great Elm Capital Retained Earnings Chart

Great Elm Capital Annual Data
Trend Jun14 Jun15 Jun16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -106.33 -151.12 -171.02 -199.37 -185.13

Great Elm Capital 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 -199.37 -193.88 -191.33 -186.23 -185.13

Great Elm Capital 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.


Great Elm Capital  (NAS:GECC) 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.


Great Elm Capital (Great Elm Capital) Business Description

Traded in Other Exchanges
N/A
Address
800 South Street, Suite 230, Waltham, MA, USA, 02453
Great Elm Capital Corp is an externally managed, non-diversified closed-end management investment company. The company seeks to generate current income and capital appreciation through debt and equity investments, including investments in specialty finance businesses. It invests in senior secured and senior unsecured debt instruments, as well as in junior loans and mezzanine debt of middle-market companies and small businesses. The company generates revenue from interest on the debt investments that it holds.
Executives
Great Elm Group, Inc. 10 percent owner 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Richard M Cohen director C/O CARNEGIE INTERNATIONAL CORP, 11350 MCCORMICK ROAD EXECUTIVE PLAZA #3, HUNT VALLEY MD 21031
Mark Kuperschmid director MAST CAPITAL MANAGEMENT, LLC, 200 CLARENDON STREET, 51ST FLOOR, BOSTON MA 02116
Matthew D Kaplan officer: CEO and President 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Northern Right Capital Management, L.p. 10 percent owner, other: Member of 13D 10% Group 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Nrc Partners I, Lp 10 percent owner 9 OLD KINGS HIGHWAY SOUTH, 4TH FLOOR, DARIEN CT 06820
Bc Advisors Llc 10 percent owner 500 CRESCENT COURT, SUITE 230, DALLAS TX 75201
Northern Right Capital (qp), L.p. 10 percent owner 9 OLD KINGS HWY. S., 4TH FLOOR, DARIEN CT 06820
Matthew A Drapkin director 10 CORBIN DRIVE, 3RD FLOOR, DARIEN CT 06820
Chad Perry director C/O TANGER FACTORY OUTLET CENTERS, INC., 3200 NORTHLINE AVENUE, SUITE 360, GREENSBORO NC 27408
Lenders Funding Llc /california 10 percent owner 523 A AVENUE, CORONADO CA 92118
Robert A Zadek 10 percent owner 523 A AVENUE, CORONADO CA 92118
Erik A Falk director C/O KKR ASSET MANAGEMENT LLC, 555 CALIFORNIA STREET, 50TH FLOOR, SAN FRANCISCO CA 94104
Adam M Kleinman officer: Chief Compliance Officer 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453
Michael C Speller director 800 SOUTH STREET, SUITE 230, WALTHAM MA 02453