GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » InterAmerican Gaming Inc (OTCPK:IAGM) » Definitions » Retained Earnings

InterAmerican Gaming (InterAmerican Gaming) Retained Earnings : $-2.04 Mil (As of Sep. 2012)


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

What is InterAmerican Gaming Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. InterAmerican Gaming's retained earnings for the quarter that ended in Sep. 2012 was $-2.04 Mil.

InterAmerican Gaming's quarterly retained earnings declined from Mar. 2012 ($-1.17 Mil) to Jun. 2012 ($-1.72 Mil) and declined from Jun. 2012 ($-1.72 Mil) to Sep. 2012 ($-2.04 Mil).

InterAmerican Gaming's annual retained earnings increased from Sep. 2010 ($-10.50 Mil) to Sep. 2011 ($-0.02 Mil) but then declined from Sep. 2011 ($-0.02 Mil) to Sep. 2012 ($-2.04 Mil).


InterAmerican Gaming Retained Earnings Historical Data

The historical data trend for InterAmerican Gaming'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.

InterAmerican Gaming Retained Earnings Chart

InterAmerican Gaming Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -7.93 -9.95 -10.50 -0.02 -2.04

InterAmerican Gaming Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -0.02 -0.99 -1.17 -1.72 -2.04

InterAmerican Gaming 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.


InterAmerican Gaming  (OTCPK:IAGM) 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.


InterAmerican Gaming (InterAmerican Gaming) Business Description

Traded in Other Exchanges
N/A
Address
InterAmerican Gaming, Inc., was incorporated on 2 September 1999 in the State of Nevada. The Company develops international gaming operations. The Company leased video lottery terminal slot machines from a related party and began deploying the assets in non-owned gaming locations. In 2009, the Company installed slot machines at Fantasy Club Del Peru SA locations, operating under various brands throughout the country Slot City in Chiclayo, Colibri Dorado in Chincha and Monos Dorados in Huacho and Huaral.

InterAmerican Gaming (InterAmerican Gaming) Headlines

No Headlines