SLCO (Sovereign Lithium) Total Equity: $0.02 Mil (As of Dec. 2013)


What is Sovereign Lithium Total Equity?

Sovereign Lithium SLCO Total Equity is $0.02 Mil as of Dec. 2013.

Sovereign Lithium's total equity for the quarter that ended in Dec. 2013 was $0.02 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.

Sovereign Lithium Total Equity Historical Data

* Premium members only.

The historical data trend for Sovereign Lithium'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.

Sovereign Lithium Total Equity Chart

Sovereign Lithium Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Total Equity
Get a 7-Day Free Trial -0.06 -0.05 -0.03 0.48 0.02

Sovereign Lithium Quarterly Data
Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13
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 0.48 0.77 0.81 0.75 0.02

Sovereign Lithium Total Equity Calculation

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

Sovereign Lithium's Total Equity for the fiscal year that ended in Dec. 2013 is calculated as

Total Equity=Total Assets(Q: Dec. 2013 )-Total Liabilities(Q: Dec. 2013 )
=0.02-0.003
=0.02

Sovereign Lithium's Total Equity for the quarter that ended in Dec. 2013 is calculated as

Total Equity=Total Assets(Q: Dec. 2013 )-Total Liabilities(Q: Dec. 2013 )
=0.02-0.003
=0.02

* 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 $0.02 Mil mean?
Sovereign Lithium (SLCO) has a Total Equity of $0.02 Mil as of Dec. 2013. The total amount of equity as record on a company's balance sheet. View historical data for Sovereign Lithium and its competitors.
Is Sovereign Lithium's Total Equity too high?
Sovereign Lithium's current Total Equity is $0.02 Mil.
How does Sovereign Lithium's Total Equity compare to competitors?
Sovereign Lithium's Total Equity of $0.02 Mil can be compared against companies in the Metals & Mining 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 Metals & Mining company?
A good Total Equity depends on the Metals & Mining 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 Sovereign Lithium and its competitors. Sovereign Lithium's current Total Equity is $0.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Sovereign Lithium stock overvalued right now?
Sovereign Lithium (SLCO) has a current Total Equity of $0.02 Mil. The current Total Equity is $0.02 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 Sovereign Lithium (SLCO), the current Total Equity is $0.02 Mil as of Dec. 2013. 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.

Sovereign Lithium Business Description

Address 999 18th Street, Suite 3000, Denver, CO, USA, 80202
Sovereign Lithium Inc is a exploration stage mineral exploration and development company.