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Infinito Gold (Infinito Gold) Retained Earnings : $-209.27 Mil (As of Dec. 2014)


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What is Infinito Gold Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Infinito Gold's retained earnings for the quarter that ended in Dec. 2014 was $-209.27 Mil.

Infinito Gold's quarterly retained earnings declined from Jun. 2014 ($-212.16 Mil) to Sep. 2014 ($-213.71 Mil) but then increased from Sep. 2014 ($-213.71 Mil) to Dec. 2014 ($-209.27 Mil).

Infinito Gold's annual retained earnings declined from Mar. 2012 ($-182.92 Mil) to Mar. 2013 ($-196.58 Mil) and declined from Mar. 2013 ($-196.58 Mil) to Mar. 2014 ($-201.55 Mil).


Infinito Gold Retained Earnings Historical Data

The historical data trend for Infinito Gold'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.

Infinito Gold Retained Earnings Chart

Infinito Gold Annual Data
Trend Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -96.46 -115.93 -182.92 -196.58 -201.55

Infinito Gold Quarterly Data
Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14
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 -204.39 -201.55 -212.16 -213.71 -209.27

Infinito Gold 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.


Infinito Gold  (OTCPK:IGFFF) 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.


Infinito Gold (Infinito Gold) Business Description

Traded in Other Exchanges
N/A
Address
1100 1st Street, Suite 600, Calgary, AB, CAN, T2G 1B1
Infinito Gold Ltd is a Canadian based company, engaged in the exploration and development activity. The business activity of the group includes acquisition, exploration, and development of mineral interests primarily in Costa Rica. The company primarily explores for gold and holds an interest in the activity of the Crucitas project located in Northern Costa Rica.

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