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Summit Minerals (ASX:SUM) Total Equity : A$8.02 Mil (As of Dec. 2023)


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What is Summit Minerals Total Equity?

Summit Minerals's total equity for the quarter that ended in Dec. 2023 was A$8.02 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Summit Minerals Total Equity Historical Data

The historical data trend for Summit Minerals's Total 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.

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Summit Minerals Total Equity Chart

Summit Minerals Annual Data
Trend Jun23
Total Equity
5.75

Summit Minerals Semi-Annual Data
Dec22 Jun23 Dec23
Total Equity 6.20 5.75 8.02

Summit Minerals Total Equity Calculation

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

Summit Minerals's Total Equity for the fiscal year that ended in Jun. 2023 is calculated as

Total Equity=Total Assets(Q: Jun. 2023 )-Total Liabilities(Q: Jun. 2023 )
=6.1-0.353
=5.75

Summit Minerals's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=8.333-0.309
=8.02

* 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.

Summit Minerals Total Equity Related Terms

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Summit Minerals (ASX:SUM) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Summit Minerals Ltd (ASX:SUM) » Definitions » Total Equity
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Traded in Other Exchanges
N/A
Address
389 Oxford Street, Level 1, Mount Hawthorn, WA, AUS, 6016
Website
https://www.summitminerals.com.au
Summit Minerals Ltd engages in acquiring, exploring, and developing battery mineral projects in Australia. It holds interest in the following projects: Stallion REE Uranium Project (WA), the Windfall Antimony Project (NSW), the Phillips River Lithium Project (WA), and the Northern REE Lithium Projects (WA), and the Bridgetown Lithium Projects (WA).