ELECF (Electric Royalties) Total Equity : $9.83 Mil (As of Sep. 2024)

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What is Electric Royalties Total Equity?

Electric Royalties's total equity for the quarter that ended in Sep. 2024 was $9.83 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.

Electric Royalties Total Equity Historical Data

The historical data trend for Electric Royalties'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.

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Electric Royalties Total Equity Chart

Electric Royalties Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

0.04

3.98

11.85

13.44

10.08

Electric Royalties Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Equity	Get a 7-Day Free Trial															13.68	10.08	9.80	10.14	9.83

Electric Royalties Total Equity Calculation

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

Electric Royalties'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 )
	=	13.424	-	3.346
	=	10.08

Electric Royalties's Total Equity for the quarter that ended in Sep. 2024 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2024 )	-	Total Liabilities(Q: Sep. 2024 )
	=	14.745	-	4.918
	=	9.83

Electric Royalties Total Equity Related Terms

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Electric Royalties Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Electric Royalties Ltd (OTCPK:ELECF) » Definitions » Total Equity

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Traded in Other Exchanges

ELEC:Canada

Address

1040 West Georgia Street, 14th Floor, Vancouver, BC, CAN, V6E 4H1

Website

https://www.electricroyalties.com

Electric Royalties Ltd is a royalty company established to take advantage of the demand for a wide range of commodities (lithium, vanadium, manganese, tin, graphite, cobalt, nickel, zinc and copper) that will benefit from the drive toward electrification of a variety of consumer products: cars, rechargeable batteries, large scale energy storage, renewable energy generation and other applications.