Inca One Gold (XSGO:IOCL) Return-on-Tangible-Equity: 0.00% (As of Jan. 2024)

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What is Inca One Gold Return-on-Tangible-Equity?

Inca One Gold XSGO:IOCL 31 Return-on-Tangible-Equity is 0.00% as of Jan. 2024. GuruFocus rates XSGO:IOCL with a GF Score™ of 31/100. The stock has 6 warning signs investors should review.

Return-on-Tangible-Equity is calculated as Net Income divided by its average total shareholder tangible equity. Total shareholder tangible equity equals to Total Stockholders Equity minus Intangible Assets. Inca One Gold's annualized net income for the quarter that ended in Jan. 2024 was CLP-2,606.64 Mil. Inca One Gold's average shareholder tangible equity for the quarter that ended in Jan. 2024 was CLP-5,575.45 Mil. Therefore, Inca One Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 was N/A%.

The historical rank and industry rank for Inca One Gold's Return-on-Tangible-Equity or its related term are showing as below:

During the past 13 years, Inca One Gold's highest Return-on-Tangible-Equity was -1.56%. The lowest was -357.16%. And the median was -101.15%.

XSGO:IOCL's Return-on-Tangible-Equity is not ranked *
in the Metals & Mining industry.
Industry Median: -16.41
* Ranked among companies with meaningful Return-on-Tangible-Equity only.

Inca One Gold  (XSGO:IOCL) Return-on-Tangible-Equity Explanation

Return-on-Tangible-Equity measures the rate of return on the ownership interest (shareholder's tangible equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' tangible equity (shareholders equity minus intangibles). Return-on-Tangible-Equity shows how well a company uses investment funds to generate earnings growth. Return-on-Tangible-Equitys between 15% and 20% are considered desirable.


Be Aware

Net Income is used.

Because a company can increase its Return-on-Tangible-Equity by having more financial leverage, it is important to watch the leverage ratio when investing in high Return-on-Tangible-Equity companies. Like Return-on-Tangible-Asset, Return-on-Tangible-Equity is calculated with only 12 months data. Fluctuations in company's earnings or business cycles can affect the ratio drastically. It is important to look at the ratio from a long term perspective.

Asset light businesses require very few assets to generate very high earnings. Their Return-on-Tangible-Equitys can be extremely high.


Inca One Gold Return-on-Tangible-Equity Related Terms


Inca One Gold Return-on-Tangible-Equity Historical Data

* Premium members only.

The historical data trend for Inca One Gold's Return-on-Tangible-Equity 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 Return-on-Tangible-Equity Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Return-on-Tangible-Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.59 -82.34 -80.11 -413.28 0.00

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
Return-on-Tangible-Equity 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 0.00 0.00 0.00 0.00 0.00

XSGO:IOCL vs NEM: Return-on-Tangible-Equity Comparison

For the Gold subindustry, Inca One Gold's Return-on-Tangible-Equity, along with its competitors' market caps and Return-on-Tangible-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Inca One Gold Return-on-Tangible-Equity vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Inca One Gold's Return-on-Tangible-Equity distribution charts can be found below:

* The bar in red indicates where Inca One Gold's Return-on-Tangible-Equity falls into.



Inca One Gold Return-on-Tangible-Equity Calculation

Inca One Gold's annualized Return-on-Tangible-Equity for the fiscal year that ended in Apr. 2023 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets )/ count )
(A: Apr. 2023 )  (A: Apr. 2022 )(A: Apr. 2023 )
=-4592.394/( (-162.966+-4135.972 )/ 2 )
=-4592.394/-2149.469
=N/A %

Inca One Gold's annualized Return-on-Tangible-Equity for the quarter that ended in Jan. 2024 is calculated as

Return-on-Tangible-Equity=Net Income/( (Total Tangible Equity+Total Tangible Equity)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=Net Income/( (Total Stockholders Equity - Intangible Assets+Total Stockholders Equity - Intangible Assets)/ count )
(Q: Jan. 2024 )  (Q: Oct. 2023 )(Q: Jan. 2024 )
=-2606.644/( (-5846.606+-5304.301)/ 2 )
=-2606.644/-5575.4535
=N/A %

* 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.

In the calculation of annual Return-on-Tangible-Equity, the net income of the last fiscal year and the average total shareholder tangible equity over the fiscal year are used. In calculating the quarterly data, the net income data used here is four times the quarterly (Jan. 2024) net income data. Return-on-Tangible-Equity is displayed in the 10-year financial page.

What does a Return-on-Tangible-Equity of 0.00% mean?
Inca One Gold (XSGO:IOCL) has a Return-on-Tangible-Equity of 0.00% as of Jan. 2024. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Inca One Gold and its competitors.
Is Inca One Gold's Return-on-Tangible-Equity too high?
Inca One Gold's current Return-on-Tangible-Equity is 0.00%. 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 Return-on-Tangible-Equity compare to NEM?
Inca One Gold's Return-on-Tangible-Equity of 0.00% 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 Return-on-Tangible-Equity for a Metals & Mining company?
A good Return-on-Tangible-Equity depends on the Metals & Mining industry context. However, Return-on-Tangible-Equity 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 Return-on-Tangible-Equity mean?
A high Return-on-Tangible-Equity can signal that a stock is expensive relative to its fundamentals. Return on tangible equity is the ratio of current-period net income to average two-period tangible equity. View historical data on Inca One Gold and its competitors. Inca One Gold's current Return-on-Tangible-Equity is 0.00%. 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 Return-on-Tangible-Equity of 0.00%. The current Return-on-Tangible-Equity is 0.00%. 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 Return-on-Tangible-Equity calculated?
Return-on-Tangible-Equity is calculated from a company's financial statements. For Inca One Gold (XSGO:IOCL), the current Return-on-Tangible-Equity is 0.00% 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.