MGX Minerals (MGX Minerals) Total Equity : $-3.21 Mil (As of Apr. 2021)

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What is MGX Minerals Total Equity?

MGX Minerals's total equity for the quarter that ended in Apr. 2021 was $-3.21 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.

MGX Minerals Total Equity Historical Data

The historical data trend for MGX 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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MGX Minerals Total Equity Chart

MGX Minerals Annual Data

Trend

Jul12

Jul13

Jul14

Jul15

Jul16

Jul17

Jul18

Jul19

Jul20

Total Equity

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0.70

8.17

26.45

14.93

-3.40

MGX Minerals Quarterly Data
	Jul16	Oct16	Jan17	Apr17	Jul17	Oct17	Jan18	Apr18	Jul18	Oct18	Jan19	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21
Total Equity	Get a 7-Day Free Trial															9.16	-3.40	-3.92	-2.45	-3.21

MGX Minerals Total Equity Calculation

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

MGX Minerals's Total Equity for the fiscal year that ended in Jul. 2020 is calculated as

Total Equity	=	Total Assets(Q: Jul. 2020 )	-	Total Liabilities(Q: Jul. 2020 )
	=	8.969	-	12.369
	=	-3.40

MGX Minerals's Total Equity for the quarter that ended in Apr. 2021 is calculated as

Total Equity	=	Total Assets(Q: Apr. 2021 )	-	Total Liabilities(Q: Apr. 2021 )
	=	9.218	-	12.433
	=	-3.22

MGX Minerals Total Equity Related Terms

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MGX Minerals (MGX Minerals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » MGX Minerals Inc (OTCPK:MGXMF) » Definitions » Total Equity

Comparable Companies

XCNQ:STGX TSXV:SILV TSXV:LMS TSXV:PX TSXV:ABZ TSXV:EGM TSXV:GTC TSXV:FUSE TSXV:SYG TSXV:IZN

Traded in Other Exchanges

N/A

Address

1080 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T1

Website

http://www.mgxminerals.com

MGX Minerals Inc is an exploration stage company engaged in the process of exploring its mineral properties in Canada. The company is a developer of lithium, magnesium and silicon projects. Its projects comprise Driftwood Creek project; Fran Gold project; Tillicum Gold project; Canada Lithium project; and Silica Projects.