Somerset Minerals (ASX:SMM) Total Equity : A$-1.74 Mil (As of Dec. 2024)

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What is Somerset Minerals Total Equity?

Somerset Minerals's total equity for the quarter that ended in Dec. 2024 was A$-1.74 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.

Somerset Minerals Total Equity Historical Data

The historical data trend for Somerset 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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Somerset Minerals Total Equity Chart

Somerset Minerals Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Jun24

Total Equity

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6.25

9.72

14.72

14.83

-1.50

Somerset Minerals Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23	Jun24	Dec24
Total Equity	Get a 7-Day Free Trial								18.98	14.83	14.16	-1.50	-1.74

Somerset Minerals Total Equity Calculation

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

Somerset Minerals's Total Equity for the fiscal year that ended in Jun. 2024 is calculated as

Total Equity	=	Total Assets(Q: Jun. 2024 )	-	Total Liabilities(Q: Jun. 2024 )
	=	4.006	-	5.504
	=	-1.50

Somerset Minerals's Total Equity for the quarter that ended in Dec. 2024 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2024 )	-	Total Liabilities(Q: Dec. 2024 )
	=	3.98	-	5.719
	=	-1.74

Somerset Minerals Total Equity Related Terms

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Somerset Minerals Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Somerset Minerals Ltd (ASX:SMM) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

TMRFF:USA 4W00:Germany

Address

22 Mount Street, Level 2, Perth, WA, AUS, 6000

Website

https://www.somersetminerals.com.au

Somerset Minerals Ltd is a mineral exploration company focusing on exploring and developing Gold, copper, and other mineral opportunities. The projects of the company include the Claypan Dam Project, the Montejinni Project, the Blackdome-Elizabeth Gold Project, and the Zamora Project. Its operating segments are Corporate Activities Australia, Exploration Activities Canada, and Exploration Activities Educator.