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Matrix Asset Management, Inc. (TSX:MTA)
Total Equity
C\$-6.32 Mil (As of Sep. 2013)

Matrix Asset Management, Inc.'s total equity for the quarter that ended in Sep. 2013 was C\$-6.32 Mil.

Total equity is used to calculate book value per share. Matrix Asset Management, Inc.'s book value per share for the quarter that ended in Sep. 2013 was C\$-0.12. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Matrix Asset Management, Inc.'s debt to equity ratio for the quarter that ended in Sep. 2013 was -0.90.

Definition

Total Equity refers to the net assets owned by shareholders.

Total Equity and Total Liabilities are the two components for Total Assets.

Matrix Asset Management, Inc.'s Total Equity for the fiscal year that ended in Dec. 2012 is calculated as

 Total Equity = Total Assets(Q: Sep. 2013 ) - Total Liabilities(Q: Sep. 2013 ) = 25.439 - 24.135 = 1.30

Matrix Asset Management, Inc.'s Total Equity for the quarter that ended in Sep. 2013 is calculated as

 Total Equity = Total Assets(Q: Sep. 2013 ) - Total Liabilities(Q: Sep. 2013 ) = 7.516 - 13.836 = -6.32

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

1. Total equity is used to calculate book value per share.

Matrix Asset Management, Inc.'s Book Value Per Share for the quarter that ended in Sep. 2013 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (-6.32 - 0) / 51.91 = -0.12

2. The ratio of a companys debt over equity can be used to measure how leveraged this company is.

Matrix Asset Management, Inc.'s Debt to Equity Ratio for the quarter that ended in Sep. 2013 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (1.234 + 4.452) / -6.32 = -0.90

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Matrix Asset Management, Inc. Annual Data

 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Total Equity 12.87 17.37 18.76 14.76 15.31 14.13 4.86 19.99 6.85 1.30

Matrix Asset Management, Inc. Quarterly Data

 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Total Equity 17.39 16.75 6.85 6.50 4.15 4.56 1.30 0.22 -1.27 -6.32
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