CBGL (Cannabis Global) Total Equity: $7.62 Mil (As of May. 2022)


What is Cannabis Global Total Equity?

Cannabis Global CBGL Total Equity is $7.62 Mil as of May. 2022.

Cannabis Global's total equity for the quarter that ended in May. 2022 was $7.62 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.

Cannabis Global Total Equity Historical Data

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The historical data trend for Cannabis Global'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.

Cannabis Global Total Equity Chart

Cannabis Global Annual Data
Trend Aug12 Aug13 Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.09 -0.14 0.06 -1.44 1.36

Cannabis Global Quarterly Data
Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22
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 3.58 1.36 4.15 7.93 7.62

Cannabis Global Total Equity Calculation

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

Cannabis Global's Total Equity for the fiscal year that ended in Aug. 2021 is calculated as

Total Equity=Total Assets(Q: Aug. 2021 )-Total Liabilities(Q: Aug. 2021 )
=11.339-9.983
=1.36

Cannabis Global's Total Equity for the quarter that ended in May. 2022 is calculated as

Total Equity=Total Assets(Q: May. 2022 )-Total Liabilities(Q: May. 2022 )
=14.909-7.287
=7.62

* 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 $7.62 Mil mean?
Cannabis Global (CBGL) has a Total Equity of $7.62 Mil as of May. 2022. The total amount of equity as record on a company's balance sheet. View historical data for Cannabis Global and its competitors.
Is Cannabis Global's Total Equity too high?
Cannabis Global's current Total Equity is $7.62 Mil.
How does Cannabis Global's Total Equity compare to MILC and BBBT?
Cannabis Global's Total Equity of $7.62 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 Cannabis Global and its competitors. Cannabis Global's current Total Equity is $7.62 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Cannabis Global stock overvalued right now?
Cannabis Global (CBGL) has a current Total Equity of $7.62 Mil. The current Total Equity is $7.62 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 Cannabis Global (CBGL), the current Total Equity is $7.62 Mil as of May. 2022. 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.

Cannabis Global Business Description

Address 520 S Grand Avenue, Suite 320, Los Angeles, CA, USA, 90071
Cannabis Global Inc manufactures and distributes various cannabis products via its majority ownership of Natural Plant Extract, Inc is developing the Ethos Comply Bag, and generally conducts research and development in the areas of hemp, cannabis and consumer food goods. The company also have an active research and development program focused on creating and commercializing engineered technologies that deliver hemp extracts and cannabinoids to the human body. Its product includes cannabis flower packaged in various weights, cannabis Pre-rolls, cannabis edible products.