Favo Capital (Favo Capital) Total Equity : $-17.44 Mil (As of Sep. 2023)

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What is Favo Capital Total Equity?

Favo Capital's total equity for the quarter that ended in Sep. 2023 was $-17.44 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.

Favo Capital Total Equity Historical Data

The historical data trend for Favo Capital'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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Favo Capital Total Equity Chart

Favo Capital Annual Data

Trend

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Total Equity

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0.01

-0.14

0.06

-0.04

-0.03

Favo Capital Quarterly Data
	Dec09	Mar10	Jun10	Sep10	Dec10	Mar11	Jun11	Sep11	Dec11	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Sep22	Sep23
Total Equity	Get a 7-Day Free Trial															-0.01	-0.03	-0.04	-	-17.44

Favo Capital Total Equity Calculation

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

Favo Capital's Total Equity for the fiscal year that ended in Dec. 2013 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2013 )	-	Total Liabilities(Q: Dec. 2013 )
	=	N/A	-	0.027
	=	N/A

Favo Capital's Total Equity for the quarter that ended in Sep. 2023 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2023 )	-	Total Liabilities(Q: Sep. 2023 )
	=	17.666	-	35.109
	=	-17.44

Favo Capital Total Equity Related Terms

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Favo Capital (Favo Capital) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Credit Services » Favo Capital Inc (OTCPK:FAVO) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1025 Old Country Road, Suite 421, Westbury, NY, USA, 11590

Website

https://www.favocap.com

Favo Capital Inc is a direct funding company, which provides customized, short-term funding to small and mid-sized businesses nationwide. The company is also engaged in the real estate holdings division.