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2 Cheap Cars Group (NZSE:2CC) Total Equity : NZ$20.15 Mil (As of Sep. 2024)


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What is 2 Cheap Cars Group Total Equity?

2 Cheap Cars Group's total equity for the quarter that ended in Sep. 2024 was NZ$20.15 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.

2 Cheap Cars Group Total Equity Historical Data

The historical data trend for 2 Cheap Cars Group'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.

2 Cheap Cars Group Total Equity Chart

2 Cheap Cars Group Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Total Equity
15.61 15.11 16.17 20.37

2 Cheap Cars Group Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24 Sep24
Total Equity Get a 7-Day Free Trial Premium Member Only 15.40 16.17 19.17 20.37 20.15

2 Cheap Cars Group Total Equity Calculation

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

2 Cheap Cars Group's Total Equity for the fiscal year that ended in Mar. 2024 is calculated as

Total Equity=Total Assets(Q: Mar. 2024 )-Total Liabilities(Q: Mar. 2024 )
=34.365-13.992
=20.37

2 Cheap Cars Group'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 )
=33.705-13.56
=20.15

* 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.

2 Cheap Cars Group Total Equity Related Terms

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2 Cheap Cars Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » 2 Cheap Cars Group Ltd (NZSE:2CC) » Definitions » Total Equity
Comparable Companies
XKRX:378340 XKRX:054300 XKRX:317830 XKRX:090360 XKRX:071670 XKRX:010660 XKRX:370090 XKRX:282880 XKRX:311060 XKRX:168360 TPE:2207 PAG KMX XBRU:DIE LAD AN HKSE:00881 TSE:4732 ABG GPI
Traded in Other Exchanges
N/A
Address
102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061
Website
https://www.2cheapcars.co.nz
2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

2 Cheap Cars Group Headlines

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