KNIT (Kinetic Group) Total Equity: $-0.25 Mil (As of Sep. 2024)


KNIT Kinetic Group Inc KNIT
39 GF Score
Price $2.00
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What is Kinetic Group Total Equity?

Kinetic Group KNIT 39 Total Equity is $-0.25 Mil as of Sep. 2024. GuruFocus rates KNIT with a GF Score™ of 39/100.

Kinetic Group's total equity for the quarter that ended in Sep. 2024 was $-0.25 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.

Kinetic Group Total Equity Historical Data

* Premium members only.

The historical data trend for Kinetic Group'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.

Kinetic Group Total Equity Chart

Kinetic Group Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24
Total Equity
Get a 7-Day Free Trial Premium Member Only 0.00 -0.00 0.52 -0.15 -0.25

Kinetic Group 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 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 -0.15 0.37 -0.20 -0.22 -0.25
KNIT
39GF Score
Kinetic Group Inc KNIT
Total Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinetic Group Total Equity Calculation

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

Kinetic Group's Total Equity for the fiscal year that ended in Sep. 2024 is calculated as

Total Equity=Total Assets(Q: Sep. 2024 )-Total Liabilities(Q: Sep. 2024 )
=N/A-0.245
=N/A

Kinetic Group'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 )
=N/A-0.245
=N/A

* 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 $-0.25 Mil mean?
Kinetic Group (KNIT) has a Total Equity of $-0.25 Mil as of Sep. 2024. The total amount of equity as record on a company's balance sheet. View historical data for Kinetic Group and its competitors.
Is Kinetic Group's Total Equity too high?
Kinetic Group's current Total Equity is $-0.25 Mil. Overall, Kinetic Group has a GF Score™ of 39/100, reflecting its overall financial health beyond just this single metric.
How does Kinetic Group's Total Equity compare to UCL and NUVR?
Kinetic Group's Total Equity of $-0.25 Mil can be compared against companies in the Telecommunication Services 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 Telecommunication Services company?
A good Total Equity depends on the Telecommunication Services 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 Kinetic Group and its competitors. Kinetic Group's current Total Equity is $-0.25 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinetic Group stock overvalued right now?
Kinetic Group (KNIT) has a current Total Equity of $-0.25 Mil. The current Total Equity is $-0.25 Mil. Kinetic Group's overall GF Score™ is 39/100. 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 Kinetic Group (KNIT), the current Total Equity is $-0.25 Mil as of Sep. 2024. 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.

Kinetic Group Business Description

Address 2801 NW 74th Avenue, Miami, FL, USA, 33122
Kinetic Group Inc is a telecommunications company focused on owning, operating, and building wireless infrastructure for international mobile carriers in Latin America. The company rents operate and build tower/rooftop/unconventional infrastructure, fiber optic networks, DAS, and telecommunication equipment for MNO's.
39GF Score

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Total Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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