ARSLF (Altima Energy) Total Equity: $-7.56 Mil (As of Nov. 2024)


ARSLF Altima Energy Inc ARSLF
13 GF Score
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What is Altima Energy Total Equity?

Altima Energy ARSLF -99.90% 13 Total Equity is $-7.56 Mil as of Nov. 2024. GuruFocus rates ARSLF with a GF Score™ of 13/100.

Altima Energy's total equity for the quarter that ended in Nov. 2024 was $-7.56 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.

Altima Energy Total Equity Historical Data

* Premium members only.

The historical data trend for Altima Energy'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.

Altima Energy Total Equity Chart

Altima Energy Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Feb22 Feb23 Feb24
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -4.06 -6.67 -5.92 -7.28

Altima Energy 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 -6.61 -7.28 -7.17 -7.18 -7.56
ARSLF
13GF Score
Altima Energy Inc ARSLF
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Altima Energy Total Equity Calculation

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

Altima Energy's Total Equity for the fiscal year that ended in Feb. 2024 is calculated as

Total Equity=Total Assets(Q: Feb. 2024 )-Total Liabilities(Q: Feb. 2024 )
=4.777-12.056
=-7.28

Altima Energy'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 )
=6.716-14.273
=-7.56

* 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 $-7.56 Mil mean?
Altima Energy (ARSLF) has a Total Equity of $-7.56 Mil as of Nov. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Altima Energy and its competitors.
Is Altima Energy's Total Equity too high?
Altima Energy's current Total Equity is $-7.56 Mil. Overall, Altima Energy has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Altima Energy's Total Equity compare to COP and EOG?
Altima Energy's Total Equity of $-7.56 Mil can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Total Equity depends on the Oil & Gas 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 Altima Energy and its competitors. Altima Energy's current Total Equity is $-7.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altima Energy stock overvalued right now?
Altima Energy (ARSLF) has a current Total Equity of $-7.56 Mil. The current Total Equity is $-7.56 Mil. Altima Energy's overall GF Score™ is 13/100. 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 Altima Energy (ARSLF), the current Total Equity is $-7.56 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.

Altima Energy Business Description

Industry EnergyOil & Gas
Address 595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Energy Inc is a junior energy company engaged in the exploring and developing oil and natural gas assets in Western Canada. It is exploration in regions such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta.
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