GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Sociedad de Inversiones Oro Blanco SA (XSGO:ORO BLANCO) » Definitions » Retained Earnings

Sociedad de Inversiones Oro Blanco (XSGO:ORO BLANCO) Retained Earnings : CLP642,231 Mil (As of Mar. 2024)


View and export this data going back to 1990. Start your Free Trial

What is Sociedad de Inversiones Oro Blanco Retained Earnings?

Retained earnings is the accumulated portion of net income that is not distributed to shareholders. Sociedad de Inversiones Oro Blanco's retained earnings for the quarter that ended in Mar. 2024 was CLP642,231 Mil.

Sociedad de Inversiones Oro Blanco's quarterly retained earnings declined from Sep. 2023 (CLP781,575 Mil) to Dec. 2023 (CLP776,925 Mil) and declined from Dec. 2023 (CLP776,925 Mil) to Mar. 2024 (CLP642,231 Mil).

Sociedad de Inversiones Oro Blanco's annual retained earnings increased from Dec. 2021 (CLP538,681 Mil) to Dec. 2022 (CLP789,768 Mil) but then declined from Dec. 2022 (CLP789,768 Mil) to Dec. 2023 (CLP776,925 Mil).


Sociedad de Inversiones Oro Blanco Retained Earnings Historical Data

The historical data trend for Sociedad de Inversiones Oro Blanco'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.

Sociedad de Inversiones Oro Blanco Retained Earnings Chart

Sociedad de Inversiones Oro Blanco Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Retained Earnings
Get a 7-Day Free Trial Premium Member Only Premium Member Only 413,687.04 410,367.30 538,681.01 789,768.10 776,924.62

Sociedad de Inversiones Oro Blanco Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 792,987.97 649,026.17 781,574.54 776,924.62 642,231.05

Sociedad de Inversiones Oro Blanco 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.


Sociedad de Inversiones Oro Blanco  (XSGO:ORO BLANCO) 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.


Sociedad de Inversiones Oro Blanco (XSGO:ORO BLANCO) Business Description

Traded in Other Exchanges
N/A
Address
The Trovador 4285, Floor 11, Santiago, CHL
Website
Sociedad de Inversiones Oro Blanco SA operates as an investment company. The company, through its subsidiary, Pampa Calichera SA, invests in the shares and debenture bonds of Sociedad Quimica Minera de Chile SA.

Sociedad de Inversiones Oro Blanco (XSGO:ORO BLANCO) Headlines

No Headlines