Moreton Resources (ASX:MRV) Total Equity: A$11.53 Mil (As of Dec. 2018)

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What is Moreton Resources Total Equity?

Moreton Resources ASX:MRV Total Equity is A$11.53 Mil as of Dec. 2018. The stock has 4 warning signs investors should review.

Moreton Resources's total equity for the quarter that ended in Dec. 2018 was A$11.53 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.

Moreton Resources Total Equity Historical Data

* Premium members only.

The historical data trend for Moreton Resources'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.

Moreton Resources Total Equity Chart

Moreton Resources Annual Data
Trend Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Jun17 Jun18 Jun19
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.51 10.89 10.35 29.00 5.30

Moreton Resources Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19
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 10.35 28.13 29.00 11.53 5.30

Moreton Resources Total Equity Calculation

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

Moreton Resources's Total Equity for the fiscal year that ended in Jun. 2019 is calculated as

Total Equity=Total Assets(Q: Jun. 2019 )-Total Liabilities(Q: Jun. 2019 )
=35.236-29.938
=5.30

Moreton Resources's Total Equity for the quarter that ended in Dec. 2018 is calculated as

Total Equity=Total Assets(Q: Dec. 2018 )-Total Liabilities(Q: Dec. 2018 )
=36.804-25.275
=11.53

* 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 A$11.53 Mil mean?
Moreton Resources (ASX:MRV) has a Total Equity of A$11.53 Mil as of Dec. 2018. The total amount of equity as record on a company's balance sheet. View historical data for Moreton Resources and its competitors.
Is Moreton Resources' Total Equity too high?
Moreton Resources' current Total Equity is A$11.53 Mil.
How does Moreton Resources' Total Equity compare to BTUUQ and KIRY?
Moreton Resources' Total Equity of A$11.53 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Equity depends on the Metals & Mining 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 Moreton Resources and its competitors. Moreton Resources's current Total Equity is A$11.53 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moreton Resources stock overvalued right now?
Moreton Resources (ASX:MRV) has a current Total Equity of A$11.53 Mil. The current Total Equity is A$11.53 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 Moreton Resources (ASX:MRV), the current Total Equity is A$11.53 Mil as of Dec. 2018. 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.

Moreton Resources Business Description

Address 1B, 169 Kelvin Grove Road, Kelvin Grove, QLD, AUS, 4059
Moreton Resources Ltd is engaged in the extraction and sale of silver from existing leach heaps at its Texas mine. The group only operates in one geographical location being Australia. The company earns the majority of revenue from Siver.