RKFL (RocketFuel Blockchain) Total Equity: $-0.32 Mil (As of Jun. 2023)

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What is RocketFuel Blockchain Total Equity?

RocketFuel Blockchain RKFL +450.00% Total Equity is $-0.32 Mil as of Jun. 2023.

RocketFuel Blockchain's total equity for the quarter that ended in Jun. 2023 was $-0.32 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.

RocketFuel Blockchain Total Equity Historical Data

* Premium members only.

The historical data trend for RocketFuel Blockchain'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.

RocketFuel Blockchain Total Equity Chart

RocketFuel Blockchain Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Mar19 Mar20 Mar21 Mar22 Mar23
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.06 0.63 2.60 0.18

RocketFuel Blockchain Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 1.16 0.52 0.18 -0.32

RocketFuel Blockchain Total Equity Calculation

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

RocketFuel Blockchain's Total Equity for the fiscal year that ended in Mar. 2023 is calculated as

Total Equity=Total Assets(Q: Mar. 2023 )-Total Liabilities(Q: Mar. 2023 )
=1.216-1.04
=0.18

RocketFuel Blockchain'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 )
=0.768-1.089
=-0.32

* 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 $-0.32 Mil mean?
RocketFuel Blockchain (RKFL) has a Total Equity of $-0.32 Mil as of Jun. 2023. The total amount of equity as record on a company's balance sheet. View historical data for RocketFuel Blockchain and its competitors.
Is RocketFuel Blockchain's Total Equity too high?
RocketFuel Blockchain's current Total Equity is $-0.32 Mil.
How does RocketFuel Blockchain's Total Equity compare to FFZY and ATDS?
RocketFuel Blockchain's Total Equity of $-0.32 Mil can be compared against companies in the Software 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 a Software company?
A good Total Equity depends on the Software 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 RocketFuel Blockchain and its competitors. RocketFuel Blockchain's current Total Equity is $-0.32 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is RocketFuel Blockchain stock overvalued right now?
RocketFuel Blockchain (RKFL) has a current Total Equity of $-0.32 Mil. The current Total Equity is $-0.32 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 RocketFuel Blockchain (RKFL), the current Total Equity is $-0.32 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.

RocketFuel Blockchain Business Description

Address 201 Spear Street, Suite 1100, San Francisco, CA, USA, 94105
RocketFuel Blockchain Inc is a development-stage company that is in the process of developing check-out systems based upon blockchain technology and designed to increase speed, security, and ease of use. The company's blockchain-based check-out solution is being designed to include a single-click functionality to invoke payment conveyance with integrated consumer shipping address data. The provide payment solutions to businesses enabling them to make and receive payments with cryptocurrencies and via bank transfers, including ACH.