Converge Technology Solutions (TSX:CTS) Total Stockholders Equity : C$562 Mil (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Converge Technology Solutions Total Stockholders Equity?

Converge Technology Solutions's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$562 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Converge Technology Solutions's Book Value per Share for the quarter that ended in Mar. 2024 was C$2.79. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Converge Technology Solutions's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.51.

Converge Technology Solutions Total Stockholders Equity Historical Data

The historical data trend for Converge Technology Solutions's Total Stockholders 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.

* Premium members only.

Converge Technology Solutions Total Stockholders Equity Chart

Converge Technology Solutions Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

Get a 7-Day Free Trial

-9.88

101.75

613.49

599.91

586.20

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 Stockholders Equity	Get a 7-Day Free Trial															603.48	586.36	585.11	586.20	562.21

Converge Technology Solutions (TSX:CTS) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Converge Technology Solutions's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(562.211	-	0)	/	201.87
	=	2.79

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

Converge Technology Solutions's Debt-to-Equity for the quarter that ended in Mar. 2024 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(16.304	+	272.518)	/	562.211
	=	0.51

Converge Technology Solutions Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Converge Technology Solutions's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Converge Technology Solutions (TSX:CTS) Business Description

Industry

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