Prosperity Resources (ASX:PSP) Total Equity: A$-0.03 Mil (As of Jun. 2016)


What is Prosperity Resources Total Equity?

Prosperity Resources ASX:PSP Total Equity is A$-0.03 Mil as of Jun. 2016. The stock has 4 warning signs investors should review.

Prosperity Resources's total equity for the quarter that ended in Jun. 2016 was A$-0.03 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.

Prosperity Resources Total Equity Historical Data

* Premium members only.

The historical data trend for Prosperity 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.

Prosperity Resources Total Equity Chart

Prosperity Resources Annual Data
Trend Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 7.73 5.46 -0.66 0.41 -0.03

Prosperity Resources Semi-Annual Data
Dec06 Jun07 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16
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 -0.66 0.36 0.41 0.25 -0.03

Prosperity Resources Total Equity Calculation

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

Prosperity Resources's Total Equity for the fiscal year that ended in Jun. 2016 is calculated as

Total Equity=Total Assets(Q: Jun. 2016 )-Total Liabilities(Q: Jun. 2016 )
=0.205-0.235
=-0.03

Prosperity Resources's Total Equity for the quarter that ended in Jun. 2016 is calculated as

Total Equity=Total Assets(Q: Jun. 2016 )-Total Liabilities(Q: Jun. 2016 )
=0.205-0.235
=-0.03

* 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$-0.03 Mil mean?
Prosperity Resources (ASX:PSP) has a Total Equity of A$-0.03 Mil as of Jun. 2016. The total amount of equity as record on a company's balance sheet. View historical data for Prosperity Resources and its competitors.
Is Prosperity Resources' Total Equity too high?
Prosperity Resources' current Total Equity is A$-0.03 Mil.
How does Prosperity Resources' Total Equity compare to competitors?
Prosperity Resources' Total Equity of A$-0.03 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 Prosperity Resources and its competitors. Prosperity Resources's current Total Equity is A$-0.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Prosperity Resources stock overvalued right now?
Prosperity Resources (ASX:PSP) has a current Total Equity of A$-0.03 Mil. The current Total Equity is A$-0.03 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Prosperity Resources (ASX:PSP), the current Total Equity is A$-0.03 Mil as of Jun. 2016. 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.

Prosperity Resources Business Description

Prosperity Resources Limited (PSP) is an exploration company for gold and iron ore in the Murchison greenstone belt of Western Australia and copper/gold in the Tennant Creek Goldfield of Northern Territory.