ALID (Allied) Total Equity: $-7.64 Mil (As of Nov. 2024)


What is Allied Total Equity?

Allied ALID -99.80% Total Equity is $-7.64 Mil as of Nov. 2024.

Allied's total equity for the quarter that ended in Nov. 2024 was $-7.64 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.

Allied Total Equity Historical Data

* Premium members only.

The historical data trend for Allied'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.

Allied Total Equity Chart

Allied Annual Data
Trend Mar18 Mar19 Aug20 Aug21 Aug22 Aug23 Aug24
Total Equity
Get a 7-Day Free Trial 3.70 -0.97 -1.28 -6.88 -7.55

Allied Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.25 -7.53 -7.69 -7.55 -7.64

Allied Total Equity Calculation

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

Allied's Total Equity for the fiscal year that ended in Aug. 2024 is calculated as

Total Equity=Total Assets(Q: Aug. 2024 )-Total Liabilities(Q: Aug. 2024 )
=2.115-9.663
=-7.55

Allied's Total Equity for the quarter that ended in Nov. 2024 is calculated as

Total Equity=Total Assets(Q: Nov. 2024 )-Total Liabilities(Q: Nov. 2024 )
=1.951-9.591
=-7.64

* 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.

Frequently Asked Questions Learn more about Total Equity →
What does a Total Equity of $-7.64 Mil mean?
Allied (ALID) has a Total Equity of $-7.64 Mil as of Nov. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Allied and its competitors.
Is Allied's Total Equity too high?
Allied's current Total Equity is $-7.64 Mil.
How does Allied's Total Equity compare to CBDY and PLSH?
Allied's Total Equity of $-7.64 Mil can be compared against companies in the Drug Manufacturers industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Total Equity for a Drug Manufacturers company?
A good Total Equity depends on the Drug Manufacturers industry context. However, Total Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Allied and its competitors. Allied's current Total Equity is $-7.64 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Allied stock overvalued right now?
Allied (ALID) has a current Total Equity of $-7.64 Mil. The current Total Equity is $-7.64 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Allied (ALID), the current Total Equity is $-7.64 Mil as of Nov. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Allied Business Description

Address 460 Doyle Avenue, Suite 200, Kelowna, BC, CAN, V1Y OC2
Allied Corp is an international cannabis company with a mission to help people suffering from Post-Traumatic Stress Disorder (PTSD) by researching, creating, and producing targeted cannabinoid health solutions. The company uses an evidence-informed scientific approach to make this mission possible through cutting-edge pharmaceutical research and development, plant-based production, and the development of therapeutic products. The company operates in two segments, which include Allied and Allied Colombia. Its geographical segments consist of Colombia and Canada. The company's revenue is comprised of sales of cannabis products.