HMGN (Hemagen Diagnostics) Total Equity: $-3.56 Mil (As of Sep. 2012)

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What is Hemagen Diagnostics Total Equity?

Hemagen Diagnostics HMGN Total Equity is $-3.56 Mil as of Sep. 2012.

Hemagen Diagnostics's total equity for the quarter that ended in Sep. 2012 was $-3.56 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.

Hemagen Diagnostics Total Equity Historical Data

* Premium members only.

The historical data trend for Hemagen Diagnostics'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.

Hemagen Diagnostics Total Equity Chart

Hemagen Diagnostics Annual Data
Trend Sep03 Sep04 Sep05 Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -1.10 -1.78 -1.85 -2.69 -3.56

Hemagen Diagnostics Quarterly Data
Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12
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 -2.69 -3.04 -3.25 -3.43 -3.56

Hemagen Diagnostics Total Equity Calculation

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

Hemagen Diagnostics's Total Equity for the fiscal year that ended in Sep. 2012 is calculated as

Total Equity=Total Assets(Q: Sep. 2012 )-Total Liabilities(Q: Sep. 2012 )
=2.443-6
=-3.56

Hemagen Diagnostics's Total Equity for the quarter that ended in Sep. 2012 is calculated as

Total Equity=Total Assets(Q: Sep. 2012 )-Total Liabilities(Q: Sep. 2012 )
=2.443-6
=-3.56

* 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 $-3.56 Mil mean?
Hemagen Diagnostics (HMGN) has a Total Equity of $-3.56 Mil as of Sep. 2012. The total amount of equity as record on a company's balance sheet. View historical data for Hemagen Diagnostics and its competitors.
Is Hemagen Diagnostics' Total Equity too high?
Hemagen Diagnostics' current Total Equity is $-3.56 Mil.
How does Hemagen Diagnostics' Total Equity compare to OBMP and NSPX?
Hemagen Diagnostics' Total Equity of $-3.56 Mil can be compared against companies in the Biotechnology 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 Biotechnology company?
A good Total Equity depends on the Biotechnology 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 Hemagen Diagnostics and its competitors. Hemagen Diagnostics's current Total Equity is $-3.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Hemagen Diagnostics stock overvalued right now?
Hemagen Diagnostics (HMGN) has a current Total Equity of $-3.56 Mil. The current Total Equity is $-3.56 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 Hemagen Diagnostics (HMGN), the current Total Equity is $-3.56 Mil as of Sep. 2012. 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.

Hemagen Diagnostics Business Description

Address 9033 Red Branch Road, Columbia, MD, USA, 21045
Hemagen Diagnostics Inc is a biotechnology company. It develops, manufactures and markets Food and Drug Administration cleared proprietary medical diagnostic test kits and components. The company's Virgo line of Immunoassays are used to aid in the diagnosis of autoimmune and infectious diseases and acute-phase proteins. The assays utilize multiple technologies including ELISA, immunofluorescence (IFA) and hemagglutination (HA). Its products include ANA Screen ELISA 96 Test System, Rubella IgG ELISA 96 Test System, AMA IFA 48 Test System and others.