QIFTF (Quorum Information Technologies) Total Equity : $21.67 Mil (As of Sep. 2024)

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What is Quorum Information Technologies Total Equity?

Quorum Information Technologies's total equity for the quarter that ended in Sep. 2024 was $21.67 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.

Quorum Information Technologies Total Equity Historical Data

The historical data trend for Quorum Information Technologies'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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Quorum Information Technologies Total Equity Chart

Quorum Information Technologies Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

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23.61

23.47

21.69

19.56

20.17

Quorum Information Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Total Equity	Get a 7-Day Free Trial															19.51	20.17	20.79	20.92	21.67

Quorum Information Technologies Total Equity Calculation

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

Quorum Information Technologies's Total Equity for the fiscal year that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	34.159	-	13.989
	=	20.17

Quorum Information Technologies'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 )
	=	31.839	-	10.164
	=	21.68

Quorum Information Technologies Total Equity Related Terms

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Quorum Information Technologies Business Description

Industry

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QIS:Canada

Address

7500 Macleod Trail South East, Suite 200, Calgary, AB, CAN, T2H 0L9

Website

https://quoruminformationsystems.com

Quorum Information Technologies Inc is an information technology company engaged in the automotive retail business. It develops, markets, implements, and supports its software products, XSELLERATOR, a Dealership Management System for the automotive market; Autovance Desk, Menu and MyDeal, a sales desking, menuing, and digital retailing system; DealerMine Service and Sales Customer Relationship Management (CRM system and Business Development Centre (BDC); and Quorum Advantage showroom system. The Company operates in three segments, Software as a saas, business development centre, and service and one-time. Its geographical segments are Canada and the United States.