Lightning Minerals (ASX:L1M) Total Equity : A$6.10 Mil (As of Dec. 2023)

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What is Lightning Minerals Total Equity?

Lightning Minerals's total equity for the quarter that ended in Dec. 2023 was A$6.10 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.

Lightning Minerals Total Equity Historical Data

The historical data trend for Lightning 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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Lightning Minerals Total Equity Chart

Lightning Minerals Annual Data

Trend

Jun23

Total Equity

6.49

Lightning Minerals Semi-Annual Data
	Dec22	Jun23	Dec23
Total Equity	7.14	6.49	6.10

Lightning Minerals Total Equity Calculation

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

Lightning Minerals's Total Equity for the fiscal year that ended in Jun. 2023 is calculated as

Total Equity	=	Total Assets(Q: Jun. 2023 )	-	Total Liabilities(Q: Jun. 2023 )
	=	6.906	-	0.415
	=	6.49

Lightning Minerals's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	6.282	-	0.178
	=	6.10

Lightning Minerals Total Equity Related Terms

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Lightning Minerals (ASX:L1M) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lightning Minerals Ltd (ASX:L1M) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Little Collins Street,, Level 6, Melbourne, VIC, AUS, 3000

Website

https://www.lightningminerals.com.au

Lightning Minerals Ltd is a mining exploration company. Its exploration is focused on battery minerals such as Lithium, Nickel, Cobalt, Copper, and PGEs. It holds interest in Dundas Project; Mailman Hill Project; Mount Jewell Project; and Mt Bartle Project. Lightning Minerals sees a growing demand for Lithium, Nickel, Cobalt, Copper, and PGEs. Exploration is focused on fulfilling this critical minerals deficit.

Lightning Minerals (ASX:L1M) Headlines

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