LONCF (Loncor Gold) Total Equity : $20.03 Mil (As of Sep. 2024)

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What is Loncor Gold Total Equity?

Loncor Gold's total equity for the quarter that ended in Sep. 2024 was $20.03 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.

Loncor Gold Total Equity Historical Data

The historical data trend for Loncor 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.

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Loncor Gold Total Equity Chart

Loncor Gold Annual Data

Trend

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Dec24

Total Equity

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30.88

38.34

41.19

21.57

18.25

Loncor Gold Quarterly Data
	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24	Dec24
Total Equity	Get a 7-Day Free Trial															21.57	21.15	20.47	20.03	18.25

Loncor Gold Total Equity Calculation

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

Loncor Gold's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	24.366	-	2.798
	=	21.57

Loncor Gold'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 )
	=	27.283	-	7.257
	=	20.03

Loncor Gold Total Equity Related Terms

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Loncor Gold Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Loncor Gold Inc (OTCPK:LONCF) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

LO51:Germany LN:Canada

Address

4120 Yonge Street, Suite 304, 1 First Canadian Place, Toronto, ON, CAN, M2P 2B8

Website

https://www.loncor.com

Loncor Gold Inc is a gold exploration company focused on projects on the Ngayu Belt in the Democratic Republic of the Congo. The Adumbi gold deposit is the focus of Loncor's activity and can be found within Loncor's 84.68% owned Imbo Project. The company has Africa's largest gold producer, the Barrick-managed Kibali Gold mine as a neighbour 130 miles away.