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IIF (Morgan Stanley India Investment Fund,) Retained Earnings : $128.81 Mil (As of Jun. 2024)


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What is Morgan Stanley India Investment Fund, Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Morgan Stanley India Investment Fund,'s retained earnings for the quarter that ended in Jun. 2024 was $128.81 Mil.

Morgan Stanley India Investment Fund,'s quarterly retained earnings increased from Jun. 2023 ($73.44 Mil) to Dec. 2023 ($74.06 Mil) and increased from Dec. 2023 ($74.06 Mil) to Jun. 2024 ($128.81 Mil).

Morgan Stanley India Investment Fund,'s annual retained earnings declined from Dec. 2021 ($134.06 Mil) to Dec. 2022 ($55.96 Mil) but then increased from Dec. 2022 ($55.96 Mil) to Dec. 2023 ($74.06 Mil).

Morgan Stanley India Investment Fund, Retained Earnings Historical Data

The historical data trend for Morgan Stanley India Investment 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.

Morgan Stanley India Investment Fund, Retained Earnings Chart

Morgan Stanley India Investment Fund, Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 48.73 63.29 134.06 55.96 74.06

Morgan Stanley India Investment Fund, Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 79.82 55.96 73.44 74.06 128.81

Morgan Stanley India Investment 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.

Morgan Stanley India Investment Fund,  (NYSE:IIF) 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.

Morgan Stanley India Investment Fund, Business Description

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GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Morgan Stanley India Investment Fund, Inc. (NYSE:IIF) » Definitions » Retained Earnings
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Traded in Other Exchanges
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Address
1585 Broadway, New York, NY, USA, 10036
Website
https://www.morganstanley.com
Morgan Stanley India Investment Fund, Inc. is the United States based non-diversified, closed-end management investment company. Its investment objective is to achieve long-term capital appreciation through investments in equity securities of Indian Issuers. The company's portfolio of investments consists of the investment in different sectors such as auto components, banks, capital markets, construction and engineering, pharmaceuticals and others.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Amay Ashok Hattangadi officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Ashutosh Sinha other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036
Arthur Jason Lev director, officer: President and PEO 522 5TH AVENUE, NEW YORK NY 10036