CMGR (Clubhouse Media Group) Total Equity: $-9.42 Mil (As of Jun. 2024)


What is Clubhouse Media Group Total Equity?

Clubhouse Media Group CMGR Total Equity is $-9.42 Mil as of Jun. 2024.

Clubhouse Media Group's total equity for the quarter that ended in Jun. 2024 was $-9.42 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.

Clubhouse Media Group Total Equity Historical Data

* Premium members only.

The historical data trend for Clubhouse Media Group'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.

Clubhouse Media Group Total Equity Chart

Clubhouse Media Group Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.05 -2.33 -9.15 -7.68 -7.19

Clubhouse Media Group Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 -9.87 -7.84 -7.19 -8.95 -9.42

Clubhouse Media Group Total Equity Calculation

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

Clubhouse Media Group's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity=Total Assets(Q: Dec. 2023 )-Total Liabilities(Q: Dec. 2023 )
=0.802-7.993
=-7.19

Clubhouse Media Group's Total Equity for the quarter that ended in Jun. 2024 is calculated as

Total Equity=Total Assets(Q: Jun. 2024 )-Total Liabilities(Q: Jun. 2024 )
=0.59-10.006
=-9.42

* 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 $-9.42 Mil mean?
Clubhouse Media Group (CMGR) has a Total Equity of $-9.42 Mil as of Jun. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Clubhouse Media Group and its competitors.
Is Clubhouse Media Group's Total Equity too high?
Clubhouse Media Group's current Total Equity is $-9.42 Mil.
How does Clubhouse Media Group's Total Equity compare to DBMM and MMND?
Clubhouse Media Group's Total Equity of $-9.42 Mil can be compared against companies in the Media - Diversified 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 Media - Diversified company?
A good Total Equity depends on the Media - Diversified 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 Clubhouse Media Group and its competitors. Clubhouse Media Group's current Total Equity is $-9.42 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Clubhouse Media Group stock overvalued right now?
Clubhouse Media Group (CMGR) has a current Total Equity of $-9.42 Mil. The current Total Equity is $-9.42 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 Clubhouse Media Group (CMGR), the current Total Equity is $-9.42 Mil as of Jun. 2024. 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.

Clubhouse Media Group Business Description

Address 3651 Lindell Road, Suite D517, Las Vegas, NV, USA, 89103
Clubhouse Media Group Inc is a social media firm. The company focuses its efforts and resources on growing its wholly owned, creator monetization platform, HoneyDrip.com. The platform allows celebrities and influencers to create, post, communicate, and sell content directly to their fans. The company collects 30% commission on all transactions on the site.