Sagen MI Canada (TSX:MIC.PR.A.PFD) Total Equity : C$2,886.61 Mil (As of Mar. 2024)

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What is Sagen MI Canada Total Equity?

Sagen MI Canada's total equity for the quarter that ended in Mar. 2024 was C$2,886.61 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.

Sagen MI Canada Total Equity Historical Data

The historical data trend for Sagen MI Canada'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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Sagen MI Canada Total Equity Chart

Sagen MI Canada Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Equity

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3,867.58

3,873.55

3,175.97

2,648.34

2,833.32

Sagen MI Canada Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Equity	Get a 7-Day Free Trial															2,822.91	2,818.66	2,842.62	2,833.32	2,886.61

Sagen MI Canada Total Equity Calculation

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

Sagen MI Canada'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 )
	=	6905.837	-	4072.514
	=	2,833.32

Sagen MI Canada's Total Equity for the quarter that ended in Mar. 2024 is calculated as

Total Equity	=	Total Assets(Q: Mar. 2024 )	-	Total Liabilities(Q: Mar. 2024 )
	=	6654.435	-	3767.83
	=	2,886.61

Sagen MI Canada Total Equity Related Terms

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Sagen MI Canada (TSX:MIC.PR.A.PFD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Sagen MI Canada Inc (TSX:MIC.PR.A.PFD) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

2060 Winston Park Drive, Suite 300, Oakville, ON, CAN, L6H 5R7

Website

https://www.sagen.ca

Sagen MI Canada Inc private sector residential mortgage insurer in Canada. The Company provides mortgage default insurance to Canadian residential mortgage lenders, making homeownership more accessible to first-time homebuyers. The company operates exclusively in Canada, with roughly half its policies in Ontario and remaining policies in Alberta, British Columbia, Quebec and Other.

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