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TSI (Tcw Strategicome Fund) Retained Earnings : $-27.63 Mil (As of Jun. 2024)


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What is Tcw Strategicome Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Tcw Strategicome Fund's retained earnings for the quarter that ended in Jun. 2024 was $-27.63 Mil.

Tcw Strategicome Fund's quarterly retained earnings increased from Jun. 2023 ($-30.66 Mil) to Dec. 2023 ($-28.60 Mil) and increased from Dec. 2023 ($-28.60 Mil) to Jun. 2024 ($-27.63 Mil).

Tcw Strategicome Fund's annual retained earnings declined from Dec. 2021 ($1.79 Mil) to Dec. 2022 ($-34.15 Mil) but then increased from Dec. 2022 ($-34.15 Mil) to Dec. 2023 ($-28.60 Mil).


Tcw Strategicome Fund Retained Earnings Historical Data

The historical data trend for Tcw Strategicome 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.

Tcw Strategicome Fund Retained Earnings Chart

Tcw Strategicome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 3.85 9.28 1.79 -34.15 -28.60

Tcw Strategicome 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 -23.67 -34.15 -30.66 -28.60 -27.63

Tcw Strategicome 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.


Tcw Strategicome Fund  (NYSE:TSI) 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.


Tcw Strategicome Fund Business Description

Traded in Other Exchanges
N/A
Address
865 South Figueroa Street, Suite 1800, Los Angeles, CA, USA, 90017
Tcw Strategic Income Fund Inc operates as a closed-end management investment company. Its investment objective is to seek a total return comprised of current income and capital appreciation by investing in a wide range of securities. The company invests in a range of industries, such as airlines, banks, beverages, biotechnology, chemicals, computers, diversified financial services, entertainment, and others.
Executives
Andrew Tarica director C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., STE 1800, LOS ANGELES CA 90017
Mitch Flack officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Laird Landmann officer: Portfolio Manager 865 S. FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Robert Gerald Rooney director 865 SOUTH FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Peter Mcmillan director
Steve Kane officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Lisa E Eisen officer: Tax Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Tad Rivelle officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Victoria B Rogers director C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 SOUTH FIGUEROA STREET SUITE 1800, LOS ANGELES CA 90017
Charles A Parker director
Samuel P Bell director 865 S. FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
David Lippman director 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Richard Villa officer: Treasurer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John A Gavin director

Tcw Strategicome Fund Headlines

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