SuRo Capital (SuRo Capital) Retained Earnings : $-4.30 Mil (As of Dec. 2023)

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What is SuRo Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. SuRo Capital's retained earnings for the quarter that ended in Dec. 2023 was $-4.30 Mil.

SuRo Capital's quarterly retained earnings declined from Jun. 2023 ($-72.86 Mil) to Sep. 2023 ($-75.53 Mil) but then increased from Sep. 2023 ($-75.53 Mil) to Dec. 2023 ($-4.30 Mil).

SuRo Capital's annual retained earnings declined from Dec. 2021 ($-50.13 Mil) to Dec. 2022 ($-64.83 Mil) but then increased from Dec. 2022 ($-64.83 Mil) to Dec. 2023 ($-4.30 Mil).

SuRo Capital Retained Earnings Historical Data

The historical data trend for SuRo 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.

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SuRo Capital Retained Earnings Chart

SuRo Capital Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Retained Earnings

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-25.68

-40.19

-50.13

-64.83

-4.30

SuRo 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															-64.83	-69.05	-72.86	-75.53	-4.30

SuRo 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.

SuRo Capital (NAS:SSSS) 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.

SuRo Capital (SuRo Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » SuRo Capital Corp (NAS:SSSS) » Definitions » Retained Earnings

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0GV:Germany

Address

640 Fifth Avenue, 12th Floor, New York, NY, USA, 10019

Website

https://www.surocap.com

SuRo Capital Corp is a non-diversified closed-end management investment company. The company's investment objective is to maximize its portfolio's total return, principally by seeking capital gains on its equity and equity-related investments.

Executives

Mark D Klein	director, officer: CEO and President	21255 BURBANK BOULEVARD, SUITE 400, WOODLAND HILLS CA 91367
Allison Green	officer: See Remarks	C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
Ronald M. Lott	director	C/O ONEMAIN HOLDINGS, INC., 601 N.W. SECOND STREET, EVANSVILLE IN 47708
Robert S. Birch	10 percent owner	765 PARK AVENUE, APT. 10A, NEW YORK NY 10021
Lisa Westley	director	C/O GSV CAPITAL CORP., ONE SANSOME STREET, SUITE 730, SAN FRANCISCO CA 94104
Marc Mazur	director	31 WEST 52ND ST. 17TH FLOOR, NEW YORK NY 10019
Leonard Potter	director	C/O SOLAR CAPITAL LLC, 500 PARK AVENUE, 5TH FLOOR, NEW YORK NY 10022
Michael T. Moe	director, officer: President and CEO	C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
David S Pottruck	director	120 KEARNY STREET, SAN FRANCISCO CA 94108
Brian Taylor	10 percent owner	C/O PINE RIVER CAPITAL MANAGEMENT, 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Capital Management L.p.	10 percent owner	601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Pine River Master Fund Ltd.	10 percent owner	C/O PINE RIVER CAPITAL MANAGEMENT L.P., 601 CARLSON PARKWAY, 7TH FLOOR, MINNETONKA MN 55305
Mark W. Flynn	director	C/O NEXT INNOVATION CORP., 2965 WOODSIDE ROAD, WOODSIDE CA 94062
Bradford C. Koenig	director	C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062
William F. Tanona	officer: CFO, Treasurer & Secretary	580 EL CERRITO AVENUE, HILLSBOROUGH CA 94010