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McFarlane Lake Mining (McFarlane Lake Mining) Total Equity : $0.38 Mil (As of Feb. 2024)


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What is McFarlane Lake Mining Total Equity?

McFarlane Lake Mining's total equity for the quarter that ended in Feb. 2024 was $0.38 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.

McFarlane Lake Mining Total Equity Historical Data

The historical data trend for McFarlane Lake Mining'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.

* Premium members only.

McFarlane Lake Mining Total Equity Chart

McFarlane Lake Mining Annual Data
Trend Aug22 Aug23
Total Equity
0.20 -0.68

McFarlane Lake Mining Quarterly Data
Jun21 Sep21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -0.63 -0.33 -0.68 1.24 0.38

McFarlane Lake Mining Total Equity Calculation

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

McFarlane Lake Mining'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 )
=0.293-0.976
=-0.68

McFarlane Lake Mining's Total Equity for the quarter that ended in Feb. 2024 is calculated as

Total Equity=Total Assets(Q: Feb. 2024 )-Total Liabilities(Q: Feb. 2024 )
=1.503-1.124
=0.38

* 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.

McFarlane Lake Mining Total Equity Related Terms

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McFarlane Lake Mining (McFarlane Lake Mining) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » McFarlane Lake Mining Ltd (OTCPK:MLMLF) » Definitions » Total Equity
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Traded in Other Exchanges
MLM:Canada
Address
15 Kincora Court, Sudbury, ON, CAN, P3E 2B9
Website
https://www.mcfarlanelakemining.com
McFarlane Lake Mining Ltd is a gold exploration and development company currently engaged in the acquisition & assessment of gold properties. Its properties include High Lake, West Hawk Lake, Munro, and McMillan. The company has acquired six gold properties. It is a Canadian gold exploration and development company.