Loop Industries (FRA:3L9) Total Equity : €4.38 Mil (As of Aug. 2024)

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What is Loop Industries Total Equity?

Loop Industries's total equity for the quarter that ended in Aug. 2024 was €4.38 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.

Loop Industries Total Equity Historical Data

The historical data trend for Loop Industries'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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Loop Industries Total Equity Chart

Loop Industries Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Total Equity

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35.27

27.15

40.52

31.51

13.11

Loop Industries Quarterly Data
	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24
Total Equity	Get a 7-Day Free Trial															20.94	17.47	13.11	8.57	4.38

Loop Industries Total Equity Calculation

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

Loop Industries's Total Equity for the fiscal year that ended in Feb. 2024 is calculated as

Total Equity	=	Total Assets(Q: Feb. 2024 )	-	Total Liabilities(Q: Feb. 2024 )
	=	19.053	-	5.943
	=	13.11

Loop Industries's Total Equity for the quarter that ended in Aug. 2024 is calculated as

Total Equity	=	Total Assets(Q: Aug. 2024 )	-	Total Liabilities(Q: Aug. 2024 )
	=	13.608	-	9.223
	=	4.39

Loop Industries Total Equity Related Terms

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Loop Industries Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Chemicals » Loop Industries Inc (FRA:3L9) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

LOOP:USA

Address

480 Fernand-Poitras, Terrebonne, QC, CAN, J6Y 1Y4

Website

https://www.loopindustries.com

Loop Industries Inc is a technology and licensing company whose mission is to accelerate the world's shift toward sustainable plastic and away from dependence on fossil fuels. The company owns patented and proprietary technology that depolymerizes no and low value waste PET plastic and polyester fiber, including plastic bottles and packaging, carpet and polyester textile of any color, transparency or condition and even ocean plastics that have been degraded by the sun and salt, to its base building blocks (monomers). Its monomers are filtered, purified and repolymerized to create virgin-quality Loop branded PET plastic resin and polyester fiber suitable for use in food-grade packaging to be sold to consumer goods companies to help them meet their sustainability objectives.

Loop Industries Headlines

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