GBGD (Global Gold) Total Equity: $-18.36 Mil (As of Jun. 2017)


What is Global Gold Total Equity?

Global Gold GBGD Total Equity is $-18.36 Mil as of Jun. 2017.

Global Gold's total equity for the quarter that ended in Jun. 2017 was $-18.36 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.

Global Gold Total Equity Historical Data

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The historical data trend for Global Gold'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.

Global Gold Total Equity Chart

Global Gold Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -4.92 -7.38 -11.38 -14.86 -17.26

Global Gold Quarterly Data
Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
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 -15.79 -16.37 -17.26 -17.79 -18.36

Global Gold Total Equity Calculation

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

Global Gold's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

Total Equity=Total Assets(Q: Dec. 2016 )-Total Liabilities(Q: Dec. 2016 )
=2.544-19.802
=-17.26

Global Gold's Total Equity for the quarter that ended in Jun. 2017 is calculated as

Total Equity=Total Assets(Q: Jun. 2017 )-Total Liabilities(Q: Jun. 2017 )
=2.553-20.917
=-18.36

* 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 $-18.36 Mil mean?
Global Gold (GBGD) has a Total Equity of $-18.36 Mil as of Jun. 2017. The total amount of equity as record on a company's balance sheet. View historical data for Global Gold and its competitors.
Is Global Gold's Total Equity too high?
Global Gold's current Total Equity is $-18.36 Mil.
How does Global Gold's Total Equity compare to competitors?
Global Gold's Total Equity of $-18.36 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Equity depends on the Metals & Mining 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 Global Gold and its competitors. Global Gold's current Total Equity is $-18.36 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Global Gold stock overvalued right now?
Global Gold (GBGD) has a current Total Equity of $-18.36 Mil. The current Total Equity is $-18.36 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 Global Gold (GBGD), the current Total Equity is $-18.36 Mil as of Jun. 2017. 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.

Global Gold Business Description

Address 555 Theodore Fremd Avenue, Suite B-203, Rye, NY, USA, 10580
Global Gold Corp is an exploration-stage company. It operates as an international gold mining, development, and exploration company with mining properties in Armenia, Canada, and Chile. Business activity of the firm is functioning through the production of gold, silver, and other precious metals. The company holds interests in the Toukhmanuk property in the North Central Armenian Belt, the Marjan and an expanded Marjan North property, and other properties.