Mainstreet Equity (TSX:MEQ) Total Liabilities : C$1,999.5 Mil (As of Mar. 2024)

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What is Mainstreet Equity Total Liabilities?

Mainstreet Equity's Total Liabilities for the quarter that ended in Mar. 2024 was C$1,999.5 Mil.

Mainstreet Equity's quarterly Total Liabilities increased from Sep. 2023 (C$1,845.75 Mil) to Dec. 2023 (C$1,949.28 Mil) and increased from Dec. 2023 (C$1,949.28 Mil) to Mar. 2024 (C$1,999.51 Mil).

Mainstreet Equity's annual Total Liabilities increased from Sep. 2021 (C$1,582.26 Mil) to Sep. 2022 (C$1,682.74 Mil) and increased from Sep. 2022 (C$1,682.74 Mil) to Sep. 2023 (C$1,845.75 Mil).

Mainstreet Equity Total Liabilities Historical Data

The historical data trend for Mainstreet Equity's Total Liabilities 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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Mainstreet Equity Total Liabilities Chart

Mainstreet Equity Annual Data

Trend

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Total Liabilities

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1,255.72

1,371.22

1,582.26

1,682.74

1,845.75

Mainstreet Equity Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Liabilities	Get a 7-Day Free Trial															1,762.06	1,805.11	1,845.75	1,949.28	1,999.51

Mainstreet Equity Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Mainstreet Equity's Total Liabilities for the fiscal year that ended in Sep. 2023 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	164.949	+	(1418.783	+	5.6843418860808E-14
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	262.016	+	0)
	=	1,845.7

Total Liabilities	=	Total Assets (A: Sep. 2023 )	-	Total Equity (A: Sep. 2023 )
	=	3164.992	-	1319.244
	=	1,845.7

Mainstreet Equity's Total Liabilities for the quarter that ended in Mar. 2024 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	232.181	+	(1491.645	+	1.1368683772162E-13
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	275.679	+	0)
	=	1,999.5

Total Liabilities	=	Total Assets (Q: Mar. 2024 )	-	Total Equity (Q: Mar. 2024 )
	=	3420.651	-	1421.146
	=	1,999.5

Mainstreet Equity Total Liabilities Related Terms

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Mainstreet Equity (TSX:MEQ) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Mainstreet Equity Corp (TSX:MEQ) » Definitions » Total Liabilities

Comparable Companies

Traded in Other Exchanges

MEQYF:USA

Address

10th Avenue SE, Suite 305, Calgary, AB, CAN, T2G 0W2

Website

https://www.mainst.biz

Mainstreet Equity Corp is a residential real estate company. It is focused on the acquisition, redevelopment, repositioning, and management of mid-market rental apartment buildings. The business specializes in multi-family residential housing operating in a single segment. Geographically it operates in Canadian provinces including British Columbia, Alberta, Saskatchewan and Manitoba. The company generates revenue from rental income and others.

Executives

Richard Grimaldi

Director

Mainstreet Equity (TSX:MEQ) Headlines

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