Converge Technology Solutions (TSX:CTS) Total Equity : C$587 Mil (As of Mar. 2024)

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What is Converge Technology Solutions Total Equity?

Converge Technology Solutions's total equity for the quarter that ended in Mar. 2024 was C$587 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.

Converge Technology Solutions Total Equity Historical Data

The historical data trend for Converge Technology Solutions'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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Converge Technology Solutions Total Equity Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

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-9.88

101.75

648.83

630.81

612.16

Converge Technology Solutions Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Equity	Get a 7-Day Free Trial															632.98	614.91	612.14	612.16	586.54

Converge Technology Solutions Total Equity Calculation

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

Converge Technology Solutions's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	2153.362	-	1541.207
	=	612

Converge Technology Solutions's Total Equity for the quarter that ended in Mar. 2024 is calculated as

Total Equity	=	Total Assets(Q: Mar. 2024 )	-	Total Liabilities(Q: Mar. 2024 )
	=	2154.168	-	1567.63
	=	587

Converge Technology Solutions Total Equity Related Terms

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Converge Technology Solutions (TSX:CTS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Converge Technology Solutions Corp (TSX:CTS) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

CTSDF:USA 0ZB:Germany

Address

161 Bay Street, Suite 2325, Toronto, ON, CAN, M5J 2T6

Website

https://www.convergetp.com

Converge Technology Solutions Corp is a Canadian company building a platform of regionally focused Hybrid IT infrastructure providers that deliver best-of-breed solutions and services in the United States. The solutions provided include multi-cloud solutions, the blockchain, resiliency, and managed services, enabling the company to address the business and IT issues that public and private-sector organizations face.

Executives

Toni Rinow

Director