Inca One Gold (XSGO:IOCL) Retained Earnings: CLP-40,888.99 Mil (As of Jan. 2024)

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What is Inca One Gold Retained Earnings?

Inca One Gold XSGO:IOCL 31 Retained Earnings is CLP-40,888.99 Mil as of Jan. 2024. GuruFocus rates XSGO:IOCL with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Inca One Gold's retained earnings for the quarter that ended in Jan. 2024 was CLP-40,888.99 Mil.

Inca One Gold's quarterly retained earnings declined from Jul. 2023 (CLP-35,176.95 Mil) to Oct. 2023 (CLP-40,896.64 Mil) but then increased from Oct. 2023 (CLP-40,896.64 Mil) to Jan. 2024 (CLP-40,888.99 Mil).

Inca One Gold's annual retained earnings declined from Apr. 2021 (CLP-22,853.04 Mil) to Apr. 2022 (CLP-30,408.30 Mil) and declined from Apr. 2022 (CLP-30,408.30 Mil) to Apr. 2023 (CLP-34,490.05 Mil).


Inca One Gold  (XSGO:IOCL) 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.


Inca One Gold Retained Earnings Historical Data

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The historical data trend for Inca One 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.

Inca One Gold Retained Earnings Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only -16,615.47 -24,747.11 -22,853.04 -30,408.30 -34,490.05

Inca One Gold Quarterly Data
Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24
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 -33,390.66 -34,490.05 -35,176.95 -40,896.64 -40,888.99

Inca One 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.

Frequently Asked Questions Learn more about Retained Earnings →
What does a Retained Earnings of CLP-40,888.99 Mil mean?
Inca One Gold (XSGO:IOCL) has a Retained Earnings of CLP-40,888.99 Mil as of Jan. 2024. Retained earnings is the amount of net income not issued to shareholders. View historical data on Inca One Gold and its competitors.
Is Inca One Gold's Retained Earnings too high?
Inca One Gold's current Retained Earnings is CLP-40,888.99 Mil. Overall, Inca One Gold has a GF Score™ of 31/100, reflecting its overall financial health beyond just this single metric.
How does Inca One Gold's Retained Earnings compare to NEM?
Inca One Gold's Retained Earnings of CLP-40,888.99 Mil can be compared against companies in the Metals & Mining industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Retained Earnings for a Metals & Mining company?
A good Retained Earnings depends on the Metals & Mining industry context. However, Retained Earnings should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Retained Earnings mean?
A high Retained Earnings can signal that a stock is expensive relative to its fundamentals. Retained earnings is the amount of net income not issued to shareholders. View historical data on Inca One Gold and its competitors. Inca One Gold's current Retained Earnings is CLP-40,888.99 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Inca One Gold stock overvalued right now?
Inca One Gold (XSGO:IOCL) has a current Retained Earnings of CLP-40,888.99 Mil. The current Retained Earnings is CLP-40,888.99 Mil. Inca One Gold's overall GF Score™ is 31/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Retained Earnings calculated?
Retained Earnings is calculated from a company's financial statements. For Inca One Gold (XSGO:IOCL), the current Retained Earnings is CLP-40,888.99 Mil as of Jan. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Inca One Gold Business Description

Address 1140 West Pender Street, Suite 850, Vancouver, BC, CAN, V6E 4G1
Inca One Gold Corp is a mineral resource company and mineral processing company. It is engaged in the business of developing gold-bearing mineral processing operations in Peru. Its activities consist of the production of gold and silver from the processing of purchased minerals. It provides its service basically to small-scale miners. It's Chala One milling facility located in Chala, Southern Peru. The Koricancha ore processing facility located in Peru. The company operates through a gold milling facility and generates revenue from the same.