MGNT (Meganet) Total Equity: $-2.24 Mil (As of Jun. 2017)


What is Meganet Total Equity?

Meganet MGNT +1.76% Total Equity is $-2.24 Mil as of Jun. 2017.

Meganet's total equity for the quarter that ended in Jun. 2017 was $-2.24 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.

Meganet Total Equity Historical Data

* Premium members only.

The historical data trend for Meganet'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.

Meganet Total Equity Chart

Meganet Annual Data
Trend Mar15 Mar16 Mar17
Total Equity
-1.58 -1.88 -2.17

Meganet Quarterly Data
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 -1.95 -2.03 -2.10 -2.17 -2.24

Meganet Total Equity Calculation

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

Meganet's Total Equity for the fiscal year that ended in Mar. 2017 is calculated as

Total Equity=Total Assets(Q: Mar. 2017 )-Total Liabilities(Q: Mar. 2017 )
=N/A-2.172
=N/A

Meganet'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 )
=0.004-2.244
=-2.24

* 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 $-2.24 Mil mean?
Meganet (MGNT) has a Total Equity of $-2.24 Mil as of Jun. 2017. The total amount of equity as record on a company's balance sheet. View historical data for Meganet and its competitors.
Is Meganet's Total Equity too high?
Meganet's current Total Equity is $-2.24 Mil.
How does Meganet's Total Equity compare to HDVW and UUU?
Meganet's Total Equity of $-2.24 Mil can be compared against companies in the Business 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 Business Services company?
A good Total Equity depends on the Business 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 Meganet and its competitors. Meganet's current Total Equity is $-2.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meganet stock overvalued right now?
Meganet (MGNT) has a current Total Equity of $-2.24 Mil. The current Total Equity is $-2.24 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 Meganet (MGNT), the current Total Equity is $-2.24 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.

Meganet Business Description

Address 2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120
Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.