GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FS KKR Capital Corp (NYSE:FSK) » Definitions » Retained Earnings

FS KKR Capital (FS KKR Capital) Retained Earnings : $-2,588.0 Mil (As of Dec. 2023)


View and export this data going back to 2014. Start your Free Trial

What is FS KKR Capital Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. FS KKR Capital's retained earnings for the quarter that ended in Dec. 2023 was $-2,588.0 Mil.

FS KKR Capital's quarterly retained earnings increased from Jun. 2023 ($-2,663.0 Mil) to Sep. 2023 ($-2,608.0 Mil) and increased from Sep. 2023 ($-2,608.0 Mil) to Dec. 2023 ($-2,588.0 Mil).

FS KKR Capital's annual retained earnings declined from Dec. 2021 ($-1,928.0 Mil) to Dec. 2022 ($-2,598.0 Mil) but then increased from Dec. 2022 ($-2,598.0 Mil) to Dec. 2023 ($-2,588.0 Mil).


FS KKR Capital Retained Earnings Historical Data

The historical data trend for FS KKR 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.

* Premium members only.

FS KKR Capital Retained Earnings Chart

FS KKR Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -176.00 -770.00 -1,928.00 -2,598.00 -2,588.00

FS KKR 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 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 -2,598.00 -2,595.00 -2,663.00 -2,608.00 -2,588.00

FS KKR 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.


FS KKR Capital  (NYSE:FSK) 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.


FS KKR Capital (FS KKR Capital) Business Description

Traded in Other Exchanges
Address
201 Rouse Boulevard, Philadelphia, PA, USA, 19112
FS KKR Capital Corp is a business development company based in the United States. Its portfolio is comprised of investments in senior secured loans and second lien secured loans of private middle market U.S. companies and, to a lesser extent, subordinated loans and certain asset-based financing loans of private U.S. companies. It is focused on providing customized credit solutions to private upper middle-market companies, which it generally defines as companies with annual EBITDA of at least $50 million at the time of investment.
Executives
Jerel A Hopkins director C/O FS INVESTMENT CORPORATION II, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Elizabeth Sandler director 201 ROUSE BLVD, PHILADELPHIA PA 19112
Brian Gerson officer: President, other: Investment Committee Member C/O SOLAR CAPITAL LTD., 500 PARK AVENUE, NEW YORK NY 10022
Daniel Pietrzak officer: Chief Investment Officer 9 WEST 57TH STREET, SUITE 4200, NEW YORK NY 10019
Barbara Adams director 112 NORTH WOOSTOCK STREET, PHILADELPHIA PA 19103
Richard I Goldstein director C/O INTELLON CORPORATION, 5955 T.G. LEE BLVD., SUITE 600, ORLANDO FL 32822
Michael C. Forman director, officer: President and CEO CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
James H Kropp director 701 WESTERN AVENUE, GLENDALE CA 91201
Brian R. Ford director 1 MILFORD WAY, MEDFORD NJ 08055
Todd C. Builione director, officer: President C/O KKR CREDIT ADVISORS (US) LLC, 9 WEST 57TH STREET, NEW YORK NY 10019
William Balke Goebel officer: Chief Financial Officer C/O FS INVESTMENT CORP., CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104-2867
Stephen Sypherd officer: VP, Treasurer & Secretary C/O FRANKLIN SQUARE CAPITAL PARTNERS, CIRA CENTRE, 2929 ARCH STREET, SUITE 675, PHILADELPHIA PA 19104
Osagie O Imasogie director
Steven C Lilly officer: Chief Financial Officer 1004 FARNAM STREET, SUITE 400, OMAHA NE 27511
Michael J Hagan director 555 EAST LANCASTER AVENUE, SUITE 640, RADNOR PA 19087

FS KKR Capital (FS KKR Capital) Headlines