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Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Retained Earnings : $-52.06 Mil (As of Mar. 2024)


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What is Thornburgome Builder Opportunities Trust Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Thornburgome Builder Opportunities Trust's retained earnings for the quarter that ended in Mar. 2024 was $-52.06 Mil.

Thornburgome Builder Opportunities Trust's quarterly retained earnings declined from Mar. 2023 ($-83.15 Mil) to Sep. 2023 ($-96.76 Mil) but then increased from Sep. 2023 ($-96.76 Mil) to Mar. 2024 ($-52.06 Mil).

Thornburgome Builder Opportunities Trust's annual retained earnings declined from Sep. 2021 ($-8.48 Mil) to Sep. 2022 ($-161.26 Mil) but then increased from Sep. 2022 ($-161.26 Mil) to Sep. 2023 ($-96.76 Mil).


Thornburgome Builder Opportunities Trust Retained Earnings Historical Data

The historical data trend for Thornburgome Builder Opportunities 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.

Thornburgome Builder Opportunities Trust Retained Earnings Chart

Thornburgome Builder Opportunities Trust Annual Data
Trend Sep21 Sep22 Sep23
Retained Earnings
-8.48 -161.26 -96.76

Thornburgome Builder Opportunities Trust Semi-Annual Data
Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
Retained Earnings Get a 7-Day Free Trial -32.36 -161.26 -83.15 -96.76 -52.06

Thornburgome Builder Opportunities 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.


Thornburgome Builder Opportunities Trust  (NAS:TBLD) 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.


Thornburgome Builder Opportunities Trust (Thornburgome Builder Opportunities Trust) Business Description

Traded in Other Exchanges
N/A
Address
2300 North Ridgetop Road, Santa Fe, NM, USA, 87506
Thornburg Income Builder Opportunities Trust is a diversified, closed-end management investment company. The Trust's investment objective is to provide current income. The Trust will seek to achieve its investment objective by investing, directly or indirectly, at least 80% of its Managed Assets.
Executives
Anne W. Kritzmire other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jason H. Brady officer: President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Benjamin D. Kirby other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Natasha Rippel officer: Secretary 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Jeff Klingelhofer officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Randy Dry officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
John V. Hackett officer: Vice President 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Nimish S Bhatt other: Trustee and Chair of the Board 2020 CALAMOS COURT, NAPERVILLE IL 60563
Stephen Velie officer: Chief Compliance Officer C/O LEV & BERLIN PC, 535 CONNECTICUT AVENUE, NORWALK CT 06854
Brian W. Wixted other: Trustee 6803 SOUTH TUCSON WAY, CENTENNIAL CO 80112
Dina A. Tantra other: Trustee 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Curtis Holloway officer: Treasurer and CFO 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506
Vilayphone Lithiluxa officer: Assistant Treasurer 2300 NORTH RIDGETOP ROAD, SANTA FE NM 87506

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