GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Crescent Capital BDC Inc (FRA:487) » Definitions » Retained Earnings

Crescent Capital BDC (FRA:487) Retained Earnings : €-197.1 Mil (As of Mar. 2024)


View and export this data going back to 2020. Start your Free Trial

What is Crescent Capital BDC Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Crescent Capital BDC's retained earnings for the quarter that ended in Mar. 2024 was €-197.1 Mil.

Crescent Capital BDC's quarterly retained earnings declined from Sep. 2023 (€-54.4 Mil) to Dec. 2023 (€-204.8 Mil) but then increased from Dec. 2023 (€-204.8 Mil) to Mar. 2024 (€-197.1 Mil).

Crescent Capital BDC's annual retained earnings declined from Dec. 2021 (€-12.3 Mil) to Dec. 2022 (€-59.0 Mil) and declined from Dec. 2022 (€-59.0 Mil) to Dec. 2023 (€-204.8 Mil).


Crescent Capital BDC Retained Earnings Historical Data

The historical data trend for Crescent Capital BDC'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.

Crescent Capital BDC Retained Earnings Chart

Crescent Capital BDC Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial -6.66 -28.51 -12.31 -59.00 -204.80

Crescent Capital BDC Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 -65.30 -57.72 -54.41 -204.80 -197.10

Crescent Capital BDC 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.


Crescent Capital BDC  (FRA:487) 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.


Crescent Capital BDC (FRA:487) Business Description

Traded in Other Exchanges
Address
11100 Santa Monica Boulevard, Suite 2000, Los Angeles, CA, USA, 90025
Crescent Capital BDC Inc is a business development company structured as an externally managed, closed-end, non-diversified management investment company. The company's primary investment objective is to maximize the total return to its stockholders in the form of current income and capital appreciation through debt and related equity investments. It will seek to achieve its investment objectives by investing in secured debt (including senior secured, unitranche, and second lien debt) and unsecured debt (including senior unsecured, mezzanine, and subordinated debt), as well as related equity securities of private U.S. middle-market companies.

Crescent Capital BDC (FRA:487) Headlines

No Headlines