M3 Metals (M3 Metals) Total Equity : $2.72 Mil (As of Nov. 2023)

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What is M3 Metals Total Equity?

M3 Metals's total equity for the quarter that ended in Nov. 2023 was $2.72 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.

M3 Metals Total Equity Historical Data

The historical data trend for M3 Metals'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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M3 Metals Total Equity Chart

M3 Metals Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

Total Equity

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2.69

2.25

0.65

0.81

0.96

M3 Metals Quarterly Data
	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23
Total Equity	Get a 7-Day Free Trial															0.39	1.18	1.22	0.96	2.72

M3 Metals Total Equity Calculation

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

M3 Metals's Total Equity for the fiscal year that ended in Aug. 2023 is calculated as

Total Equity	=	Total Assets(Q: Aug. 2023 )	-	Total Liabilities(Q: Aug. 2023 )
	=	1.042	-	0.081
	=	0.96

M3 Metals's Total Equity for the quarter that ended in Nov. 2023 is calculated as

Total Equity	=	Total Assets(Q: Nov. 2023 )	-	Total Liabilities(Q: Nov. 2023 )
	=	2.799	-	0.084
	=	2.72

M3 Metals Total Equity Related Terms

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M3 Metals (M3 Metals) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » M3 Metals Corp (OTCPK:MLGCF) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

X0V:Germany MT:Canada

Address

1455 Bellevue Avenue, Suite 300, Vancouver, BC, CAN, V7T 1C3

Website

https://www.m3metalscorp.com

M3 Metals Corp is a Canadian listed company. The company's business is to acquire, explore, and develop interests in mineral properties located in North America. Its only operating segment, being the acquisition and exploration of assets. The company's projects include Texas Spring project, G-South property and Lakshmi-Daggett Ridge project.

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