Lovitt Resources (TSXV:LRC.H) Total Equity : C$-1.38 Mil (As of Mar. 2023)

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What is Lovitt Resources Total Equity?

Lovitt Resources's total equity for the quarter that ended in Mar. 2023 was C$-1.38 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.

Lovitt Resources Total Equity Historical Data

The historical data trend for Lovitt Resources'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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Lovitt Resources Total Equity Chart

Lovitt Resources Annual Data

Trend

Dec11

Dec12

Dec13

Dec14

Mar16

Mar17

Mar18

Mar19

Jun21

Jun22

Total Equity

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-0.40

-0.74

-0.96

-1.00

-1.21

Lovitt Resources Quarterly Data
	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23
Total Equity	Get a 7-Day Free Trial															-1.02	-1.21	-1.32	-1.42	-1.38

Lovitt Resources Total Equity Calculation

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

Lovitt Resources's Total Equity for the fiscal year that ended in Jun. 2022 is calculated as

Total Equity	=	Total Assets(Q: Jun. 2022 )	-	Total Liabilities(Q: Jun. 2022 )
	=	1.312	-	2.519
	=	-1.21

Lovitt Resources's Total Equity for the quarter that ended in Mar. 2023 is calculated as

Total Equity	=	Total Assets(Q: Mar. 2023 )	-	Total Liabilities(Q: Mar. 2023 )
	=	1.448	-	2.826
	=	-1.38

Lovitt Resources Total Equity Related Terms

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Lovitt Resources (TSXV:LRC.H) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Lovitt Resources Inc (TSXV:LRC.H) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1942 167 Street, Surrey, British Columbia, BC, CAN, V3Z 9R4

Website

https://www.lovittresources.com

Lovitt Resources Inc is engaged in the development of gold resources in North America. It holds land and mineral interests located in Wenatchee, Washington, U.S.A. The company finances its operations by selling land. The geopraphical segments include United States and Canada.

Lovitt Resources (TSXV:LRC.H) Headlines

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