Galileo Mining Stock Retained Earnings

GAL Stock   0.13  0.01  8.33%   
Galileo Mining fundamentals help investors to digest information that contributes to Galileo Mining's financial success or failures. It also enables traders to predict the movement of Galileo Stock. The fundamental analysis module provides a way to measure Galileo Mining's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Galileo Mining stock.
Last ReportedProjected for Next Year
Retained Earnings-2.6 M-1.3 M
Retained Earnings is likely to gain to about (1.3 M) in 2024.
  
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Galileo Mining Company Retained Earnings Analysis

Galileo Mining's Retained Earnings is a balance sheet account that refers to the portion of company income that is retained by the firm. In other words, it is a part of earnings that is not paid out as dividends or otherwise distributed to owners. Retained Earnings are calculated by adding net income to last period retained earnings and subtracting any dividends paid to owners.

Retained Earnings

 = 

Beginning RE + Income

-

Dividends

More About Retained Earnings | All Equity Analysis

Current Galileo Mining Retained Earnings

    
  (2.61 M)  
Most of Galileo Mining's fundamental indicators, such as Retained Earnings, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Galileo Mining is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Retained Earnings shows how the firm utilizes its profits over time. In simple terms, investors can think of retained earnings as the amount of profit the company has reinvested in the business since its inceptions. However the methodology to make a decision over how much profit to retain is different between companies in different industries. For example, growing industries tend to retain more of their earnings than more matured industries as they need more assets investment to sustain their growth.
Competition

Based on the latest financial disclosure, Galileo Mining has a Retained Earnings of (2.61 Million). This is 100.01% lower than that of the Metals & Mining sector and significantly lower than that of the Materials industry. The retained earnings for all Australia stocks is 100.03% higher than that of the company.

Galileo Retained Earnings Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Galileo Mining's direct or indirect competition against its Retained Earnings to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Galileo Mining could also be used in its relative valuation, which is a method of valuing Galileo Mining by comparing valuation metrics of similar companies.
Galileo Mining is currently under evaluation in retained earnings category among its peers.

Galileo Fundamentals

About Galileo Mining Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Galileo Mining's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Galileo Mining using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Galileo Mining based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

Thematic Opportunities

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Build portfolios using Macroaxis predefined set of investing ideas. Many of Macroaxis investing ideas can easily outperform a given market. Ideas can also be optimized per your risk profile before portfolio origination is invoked. Macroaxis thematic optimization helps investors identify companies most likely to benefit from changes or shifts in various micro-economic or local macro-level trends. Originating optimal thematic portfolios involves aligning investors' personal views, ideas, and beliefs with their actual investments.
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Additional Tools for Galileo Stock Analysis

When running Galileo Mining's price analysis, check to measure Galileo Mining's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Galileo Mining is operating at the current time. Most of Galileo Mining's value examination focuses on studying past and present price action to predict the probability of Galileo Mining's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Galileo Mining's price. Additionally, you may evaluate how the addition of Galileo Mining to your portfolios can decrease your overall portfolio volatility.