CANQF (CanaQuest Medical) Total Equity: $-0.65 Mil (As of Mar. 2018)

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What is CanaQuest Medical Total Equity?

CanaQuest Medical CANQF Total Equity is $-0.65 Mil as of Mar. 2018.

CanaQuest Medical's total equity for the quarter that ended in Mar. 2018 was $-0.65 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.

CanaQuest Medical Total Equity Historical Data

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The historical data trend for CanaQuest Medical'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.

CanaQuest Medical Total Equity Chart

CanaQuest Medical Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18
Total Equity
-0.36 -0.60 -0.53 -0.60 -0.65

CanaQuest Medical Quarterly Data
Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18
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 -0.60 -0.61 -0.76 -0.44 -0.65

CanaQuest Medical Total Equity Calculation

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

CanaQuest Medical's Total Equity for the fiscal year that ended in Mar. 2018 is calculated as

Total Equity=Total Assets(Q: Mar. 2018 )-Total Liabilities(Q: Mar. 2018 )
=0.085-0.733
=-0.65

CanaQuest Medical's Total Equity for the quarter that ended in Mar. 2018 is calculated as

Total Equity=Total Assets(Q: Mar. 2018 )-Total Liabilities(Q: Mar. 2018 )
=0.085-0.733
=-0.65

* 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 $-0.65 Mil mean?
CanaQuest Medical (CANQF) has a Total Equity of $-0.65 Mil as of Mar. 2018. The total amount of equity as record on a company's balance sheet. View historical data for CanaQuest Medical and its competitors.
Is CanaQuest Medical's Total Equity too high?
CanaQuest Medical's current Total Equity is $-0.65 Mil.
How does CanaQuest Medical's Total Equity compare to NTRR and CBBT?
CanaQuest Medical's Total Equity of $-0.65 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 CanaQuest Medical and its competitors. CanaQuest Medical's current Total Equity is $-0.65 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is CanaQuest Medical stock overvalued right now?
CanaQuest Medical (CANQF) has a current Total Equity of $-0.65 Mil. The current Total Equity is $-0.65 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 CanaQuest Medical (CANQF), the current Total Equity is $-0.65 Mil as of Mar. 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.

CanaQuest Medical Business Description

Address 4120 Ridgeway Drive, Unit 37, Mississauga, ON, CAN, L5L 5S9
CanaQuest Medical Corp is a Canadian biotechnology company. It engages in the development of health products utilizing cannabis and algae oil. The company's principal operations are the development and sale of pharmaceutical drugs and medical cannabis medications as approved by the regulatory authorities.