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ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Retained Earnings : £-28.43 Mil (As of Jan. 2024)


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What is ICG-Longbow Senior Secured UK Prop Debt Inv Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. ICG-Longbow Senior Secured UK Prop Debt Inv's retained earnings for the quarter that ended in Jan. 2024 was £-28.43 Mil.

ICG-Longbow Senior Secured UK Prop Debt Inv's quarterly retained earnings declined from Jan. 2023 (£-2.94 Mil) to Jul. 2023 (£-18.26 Mil) and declined from Jul. 2023 (£-18.26 Mil) to Jan. 2024 (£-28.43 Mil).

ICG-Longbow Senior Secured UK Prop Debt Inv's annual retained earnings declined from Jan. 2022 (£0.19 Mil) to Jan. 2023 (£-2.94 Mil) and declined from Jan. 2023 (£-2.94 Mil) to Jan. 2024 (£-28.43 Mil).


ICG-Longbow Senior Secured UK Prop Debt Inv Retained Earnings Historical Data

The historical data trend for ICG-Longbow Senior Secured UK Prop Debt Inv'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.

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ICG-Longbow Senior Secured UK Prop Debt Inv Retained Earnings Chart

ICG-Longbow Senior Secured UK Prop Debt Inv Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 0.13 0.19 -2.94 -28.43

ICG-Longbow Senior Secured UK Prop Debt Inv Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.19 0.25 -2.94 -18.26 -28.43

ICG-Longbow Senior Secured UK Prop Debt Inv 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.


ICG-Longbow Senior Secured UK Prop Debt Inv  (LSE:LBOW) 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.


ICG-Longbow Senior Secured UK Prop Debt Inv (LSE:LBOW) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY
ICG-Longbow Senior Secured UK Prop Debt Inv Ltd is a Guernsey registered closed-ended investment company. Its investment objective is to construct a portfolio of good quality, defensive, senior debt investments secured by first ranking fixed charges predominantly against UK commercial property investments providing target dividends of circa 6% per annum on the IPO issue price, paid quarterly, with an underlying target portfolio IRR of 8% per annum. The company's investment policy is to invest in a loan portfolio comprised of senior loans to property investors secured on UK commercial property with some potential exposure to UK investment residential property. The portfolio of the company is managed by Intermediate Capital Managers Limited.

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