MGAG (Mortgage Oil) Total Equity: $0.71 Mil (As of Jun. 2023)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

MGAG Mortgage Oil Corp MGAG
12 GF Score
Price $280.00
View Full Analysis

What is Mortgage Oil Total Equity?

Mortgage Oil MGAG 12 Total Equity is $0.71 Mil as of Jun. 2023. GuruFocus rates MGAG with a GF Score™ of 12/100.

Mortgage Oil's total equity for the quarter that ended in Jun. 2023 was $0.71 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.

Mortgage Oil Total Equity Historical Data

* Premium members only.

The historical data trend for Mortgage Oil'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.

Mortgage Oil Total Equity Chart

Mortgage Oil Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Equity
0.70 0.54 0.63 0.04

Mortgage Oil Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 0.23 -0.67 0.04 0.18 0.71
MGAG
12GF Score
Mortgage Oil Corp MGAG
Total Equity is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Mortgage Oil Total Equity Calculation

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

Mortgage Oil's Total Equity for the fiscal year that ended in Dec. 2022 is calculated as

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=0.17-0.131
=0.04

Mortgage Oil's Total Equity for the quarter that ended in Jun. 2023 is calculated as

Total Equity=Total Assets(Q: Jun. 2023 )-Total Liabilities(Q: Jun. 2023 )
=0.825-0.113
=0.71

* 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 $0.71 Mil mean?
Mortgage Oil (MGAG) has a Total Equity of $0.71 Mil as of Jun. 2023. The total amount of equity as record on a company's balance sheet. View historical data for Mortgage Oil and its competitors.
Is Mortgage Oil's Total Equity too high?
Mortgage Oil's current Total Equity is $0.71 Mil. Overall, Mortgage Oil has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Mortgage Oil's Total Equity compare to AOXY and PACQF?
Mortgage Oil's Total Equity of $0.71 Mil can be compared against companies in the Real Estate 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 Real Estate company?
A good Total Equity depends on the Real Estate 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 Mortgage Oil and its competitors. Mortgage Oil's current Total Equity is $0.71 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mortgage Oil stock overvalued right now?
Mortgage Oil (MGAG) has a current Total Equity of $0.71 Mil. The current Total Equity is $0.71 Mil. Mortgage Oil's overall GF Score™ is 12/100. 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 Mortgage Oil (MGAG), the current Total Equity is $0.71 Mil as of Jun. 2023. 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.

Mortgage Oil Business Description

Address 400 South Hope Street, Suite 1100, Los Angeles, CA, USA, 90071
Mortgage Oil Corp invests in limited partnerships and limited liability companies owning multi-family residential apartment complexes and industrial real estate in the United States. The organization also invests in limited liability companies owning private equity investments.
12GF Score

Get the complete analysis for MGAG

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

$280.00
Price