QIND (Quality Industrial) Total Equity: $33.20 Mil (As of Jun. 2023)


What is Quality Industrial Total Equity?

Quality Industrial QIND +1.90% Total Equity is $33.20 Mil as of Jun. 2023.

Quality Industrial's total equity for the quarter that ended in Jun. 2023 was $33.20 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.

Quality Industrial Total Equity Historical Data

* Premium members only.

The historical data trend for Quality Industrial'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.

Quality Industrial Total Equity Chart

Quality Industrial Annual Data
Trend Dec19 Dec20 Dec21 Dec22
Total Equity
0.07 -0.02 -0.37 26.88

Quality Industrial Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Total Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.10 4.12 26.88 28.91 33.20

Quality Industrial Total Equity Calculation

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

Quality Industrial's Total Equity for the fiscal year that ended in Dec. 2022 is calculated as

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=200.692-173.815
=26.88

Quality Industrial's Total Equity for the quarter that ended in Jun. 2023 is calculated as

Total Equity=Total Assets(Q: Jun. 2023 )-Total Liabilities(Q: Jun. 2023 )
=205.203-171.999
=33.20

* 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 $33.20 Mil mean?
Quality Industrial (QIND) has a Total Equity of $33.20 Mil as of Jun. 2023. The total amount of equity as record on a company's balance sheet. View historical data for Quality Industrial and its competitors.
Is Quality Industrial's Total Equity too high?
Quality Industrial's current Total Equity is $33.20 Mil.
How does Quality Industrial's Total Equity compare to OPTT and AUSI?
Quality Industrial's Total Equity of $33.20 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Total Equity depends on the Industrial Products 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 Quality Industrial and its competitors. Quality Industrial's current Total Equity is $33.20 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Quality Industrial stock overvalued right now?
Quality Industrial (QIND) has a current Total Equity of $33.20 Mil. The current Total Equity is $33.20 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 Quality Industrial (QIND), the current Total Equity is $33.20 Mil as of Jun. 2023. 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.

Quality Industrial Business Description

Address 505 Montgomery Street, San Francisco, CA, USA, 94104
Quality Industrial Corp is engaged in the manufacture and assembly of industrial equipment and precision-engineered technology for the Industrial, Oil & Gas, and Utility sectors. Its services include consulting, designing, supplying, installing, and maintaining LPG systems, as well as the transportation and supply of LPG in both bulk and cylinder formats. The firm cater to a diverse range of clients, including commercial buildings, mixed-use apartment complexes, shopping centers, food courts, heavy industries, labor accommodations, catering units, commercial kitchens, and dining establishments.