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Inca One Gold (XSGO:IOCL) ROE % : 0.00% (As of Jan. 2024)


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What is Inca One Gold ROE %?

ROE % is calculated as Net Income divided by its average Total Stockholders Equity over a certain period of time. Inca One Gold's annualized net income for the quarter that ended in Jan. 2024 was CLP-2,607.04 Mil. Inca One Gold's average Total Stockholders Equity over the quarter that ended in Jan. 2024 was CLP-5,529.04 Mil. Therefore, Inca One Gold's annualized ROE % for the quarter that ended in Jan. 2024 was N/A%.

The historical rank and industry rank for Inca One Gold's ROE % or its related term are showing as below:

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

XSGO:IOCL's ROE % is not ranked *
in the Metals & Mining industry.
Industry Median: -16.14
* Ranked among companies with meaningful ROE % only.

Inca One Gold ROE % Historical Data

The historical data trend for Inca One Gold's ROE % 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.

Inca One Gold ROE % Chart

Inca One Gold Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
ROE %
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.60 -80.73 -80.85 -435.78 -

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
ROE % 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 - - - - -

Competitive Comparison of Inca One Gold's ROE %

For the Gold subindustry, Inca One Gold's ROE %, along with its competitors' market caps and ROE % 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's ROE % Distribution in the Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, Inca One Gold's ROE % distribution charts can be found below:

* The bar in red indicates where Inca One Gold's ROE % falls into.



Inca One Gold ROE % Calculation

Inca One Gold's annualized ROE % for the fiscal year that ended in Apr. 2023 is calculated as

ROE %=Net Income (A: Apr. 2023 )/( (Total Stockholders Equity (A: Apr. 2022 )+Total Stockholders Equity (A: Apr. 2023 ))/ count )
=-4573.185/( (-170.459+-4118.672)/ 2 )
=-4573.185/-2144.5655
=N/A %

Inca One Gold's annualized ROE % for the quarter that ended in Jan. 2024 is calculated as

ROE %=Net Income (Q: Jan. 2024 )/( (Total Stockholders Equity (Q: Oct. 2023 )+Total Stockholders Equity (Q: Jan. 2024 ))/ count )
=-2607.04/( (-5752.969+-5305.112)/ 2 )
=-2607.04/-5529.0405
=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 ROE %, the net income of the last fiscal year and the average total shareholder 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. ROE % is displayed in the 30-year financial page.

* Note that if the average Total Stockholders Equity is zero or negative, then ROE % would be considered meaningless and hence not be calculated.


Inca One Gold  (XSGO:IOCL) ROE % Explanation

ROE % measures the rate of return on the ownership interest (shareholder's equity) of the common stock owners. It measures a firm's efficiency at generating profits from every unit of shareholders' equity (also known as net assets or assets minus liabilities). ROE % shows how well a company uses investment funds to generate earnings growth. ROE %s between 15% and 20% are considered desirable.

The factors that affect a company's ROE % can be illustrated with the three-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-2607.04/-5529.0405
=(Net Income / Revenue )*(Revenue / Total Assets)*(Total Assets / Total Stockholders Equity)
=(-2607.04 / 44035.704)*(44035.704 / 20102.6235)*(20102.6235 / -5529.0405)
=Net Margin %*Asset Turnover*Equity Multiplier
=-5.92 %*2.1905*N/A
=ROA %*Equity Multiplier
=-12.97 %*N/A
=N/A %

With this breakdown, it is clear that if a company grows its Net Profit Margin, its Asset Turnover, or its Leverage, it can grow its ROE %.

The factors that affect a company's ROE % can also be illustrated with the five-step DuPont Analysis:

ROE %(Q: Jan. 2024 )
=Net Income/Total Stockholders Equity
=-2607.04/-5529.0405
=(Net Income / Pre-Tax Income) * (Pre-Tax Income / Operating Income) * (Operating Income / Revenue) * (Revenue / Total Assets) * (Total Assets / Total Stockholders Equity)
= (-2607.04 / -2607.04) * (-2607.04 / 1114.184) * (1114.184 / 44035.704) * (44035.704 / 20102.6235) * (20102.6235 / -5529.0405)
= Tax Burden * Interest Burden * Operating Margin % * Asset Turnover * Equity Multiplier
= 1 * -2.3399 * 2.53 % * 2.1905 * N/A
=N/A %

Note: The net income data used here is four times the quarterly (Jan. 2024) net income data. The Revenue data used here is four times the quarterly (Jan. 2024) revenue data. The same rule applies to Pre-Tax Income and Operating Income.
* In the five-step DuPont Analysis, Operating Income is only available for non-financial companies. Thus, for Insurance companies, we use EBIT as a substitution of Operating Income. For Banks, both Operating Income and EBIT is unavailable. Thus we combined Interest Burden and Operating Margin % into Pretax Margin %, and the DuPont Analysis is divided into four components instead.

* 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.


Be Aware

Net Income is used.

Because a company can increase its ROE % by having more financial leverage, it is important to watch the equity multiplier when investing in high ROE % companies. Like ROA %, ROE % 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 ROE %s can be extremely high.


Inca One Gold ROE % Related Terms

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Inca One Gold (XSGO:IOCL) Business Description

Traded in Other Exchanges
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.

Inca One Gold (XSGO:IOCL) Headlines

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