Record Resources (TSXV:REC) Total Equity: C$1.67 Mil (As of Mar. 2026)


What is Record Resources Total Equity?

Record Resources TSXV:REC Total Equity is C$1.67 Mil as of Mar. 2026. The stock has 2 warning signs investors should review.

Record Resources's total equity for the quarter that ended in Mar. 2026 was C$1.67 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.

Record Resources Total Equity Historical Data

* Premium members only.

The historical data trend for Record 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.

Record Resources Total Equity Chart

Record Resources Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.63 0.20 -0.28 -0.33 0.42

Record Resources Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 1.31 0.64 0.42 1.74 1.67

Record Resources Total Equity Calculation

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

Record Resources's Total Equity for the fiscal year that ended in Sep. 2025 is calculated as

Total Equity=Total Assets(Q: Sep. 2025 )-Total Liabilities(Q: Sep. 2025 )
=1.504-1.088
=0.42

Record Resources's Total Equity for the quarter that ended in Mar. 2026 is calculated as

Total Equity=Total Assets(Q: Mar. 2026 )-Total Liabilities(Q: Mar. 2026 )
=2.37-0.704
=1.67

* 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 C$1.67 Mil mean?
Record Resources (TSXV:REC) has a Total Equity of C$1.67 Mil as of Mar. 2026. The total amount of equity as record on a company's balance sheet. View historical data for Record Resources and its competitors.
Is Record Resources' Total Equity too high?
Record Resources' current Total Equity is C$1.67 Mil.
How does Record Resources' Total Equity compare to COP and EOG?
Record Resources' Total Equity of C$1.67 Mil can be compared against companies in the Oil & Gas 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 Oil & Gas company?
A good Total Equity depends on the Oil & Gas 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 Record Resources and its competitors. Record Resources's current Total Equity is C$1.67 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Record Resources stock overvalued right now?
Record Resources (TSXV:REC) has a current Total Equity of C$1.67 Mil. The current Total Equity is C$1.67 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 Record Resources (TSXV:REC), the current Total Equity is C$1.67 Mil as of Mar. 2026. 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.

Record Resources Business Description

Industry EnergyOil & Gas
Address 12220 Stony Plain Road NW, Suite 600, Edmonton, AB, CAN, T5N 3Y4
Record Resources Inc is a Canadian-based world-wide energy exploration company. The company is focused on acquiring and developing international and national energy projects. The group recently had around 20% interest in the exploration, appraisal, development, and production of oil and gas on Gabon offshore Block C-7, renamed Ngulu. The company also has fully owned Hydrogen properties in Ontario.