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Liberty All Star Growth Fund (Liberty All Star Growth Fund) Retained Earnings : $64.64 Mil (As of Dec. 2023)


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What is Liberty All Star Growth Fund Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Liberty All Star Growth Fund's retained earnings for the quarter that ended in Dec. 2023 was $64.64 Mil.

Liberty All Star Growth Fund's quarterly retained earnings increased from Dec. 2022 ($8.46 Mil) to Jun. 2023 ($34.73 Mil) and increased from Jun. 2023 ($34.73 Mil) to Dec. 2023 ($64.64 Mil).

Liberty All Star Growth Fund's annual retained earnings declined from Dec. 2021 ($174.68 Mil) to Dec. 2022 ($8.46 Mil) but then increased from Dec. 2022 ($8.46 Mil) to Dec. 2023 ($64.64 Mil).


Liberty All Star Growth Fund Retained Earnings Historical Data

The historical data trend for Liberty All Star Growth 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.

Liberty All Star Growth Fund Retained Earnings Chart

Liberty All Star Growth Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial 81.94 162.81 174.68 8.46 64.64

Liberty All Star Growth Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Retained Earnings Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 174.68 14.43 8.46 34.73 64.64

Liberty All Star Growth 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.


Liberty All Star Growth Fund  (NYSE:ASG) 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.


Liberty All Star Growth Fund (Liberty All Star Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1100, Denver, CO, USA, 80203
Liberty All Star Growth Fund Inc is the United States based diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in a diversified portfolio of equity securities. The company portfolio of investments consists of different industries such as consumer discretionary, consumer staples, healthcare, industrial, information technology and others.
Executives
Mark T Haley officer: Vice President C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Robert Milas officer: Vice President of the Funds 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Milton M Irvin other: Trustee C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michelle Stallworth officer: ASSISTANT SECRETARY 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Tanya Tancheff officer: Assistant Treasurer 1290 BROADWAY 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Maureen K Usifer other: Trustee C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022
Parmentier William R Jr officer: President & CEO C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Thomas W Brock director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
John J Neuhauser director C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203

Liberty All Star Growth Fund (Liberty All Star Growth Fund) Headlines