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GRX (Gabelli Healthcare & WellnessRx Trust) Retained Earnings : $60.85 Mil (As of Dec. 2024)


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What is Gabelli Healthcare & WellnessRx Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Gabelli Healthcare & WellnessRx Trust's retained earnings for the quarter that ended in Dec. 2024 was $60.85 Mil.

Gabelli Healthcare & WellnessRx Trust's quarterly retained earnings declined from Dec. 2023 ($70.47 Mil) to Jun. 2024 ($66.32 Mil) and declined from Jun. 2024 ($66.32 Mil) to Dec. 2024 ($60.85 Mil).

Gabelli Healthcare & WellnessRx Trust's annual retained earnings declined from Dec. 2022 ($79.55 Mil) to Dec. 2023 ($70.47 Mil) and declined from Dec. 2023 ($70.47 Mil) to Dec. 2024 ($60.85 Mil).


Gabelli Healthcare & WellnessRx Trust Retained Earnings Historical Data

The historical data trend for Gabelli Healthcare & WellnessRx 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.

Gabelli Healthcare & WellnessRx Trust Retained Earnings Chart

Gabelli Healthcare & WellnessRx Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Retained Earnings
Get a 7-Day Free Trial 110.91 137.13 79.55 70.47 60.85

Gabelli Healthcare & WellnessRx Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
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 79.55 84.35 70.47 66.32 60.85

Gabelli Healthcare & WellnessRx 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.


Gabelli Healthcare & WellnessRx Trust  (NYSE:GRX) 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.


Gabelli Healthcare & WellnessRx Trust Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Healthcare & WellnessRx Trust operates as a diversified closed-end management investment company. The investment objective of the fund is the long-term growth of capital. The fund invests at least its assets in equity securities and income-producing securities of domestic and foreign companies in the healthcare and wellness industries. It invests in various sectors, of which Health Care Providers & Services, Food, Health Care Equipment and Supplies, and Pharmaceuticals account for the majority of the weightage.
Executives
Mario J Gabelli director 191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady director ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Jonas Jeffrey J. Jr director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Joseph H Egan officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: Acting President/Treasurer C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Thomas E Bratter director ONE CORPORATE CENTER, RYE NY 10580
Gpj Retirement Partners, Llc other: Limited Liability Company 1 CORPORATE CENTER, RYE NY 10580