VXIT (VirExit Technologies) Total Equity: $-3.03 Mil (As of May. 2019)


What is VirExit Technologies Total Equity?

VirExit Technologies VXIT Total Equity is $-3.03 Mil as of May. 2019.

VirExit Technologies's total equity for the quarter that ended in May. 2019 was $-3.03 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.

VirExit Technologies Total Equity Historical Data

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The historical data trend for VirExit Technologies'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.

VirExit Technologies Total Equity Chart

VirExit Technologies Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18
Total Equity
0.15 -0.35 -0.97 -1.55 -2.81

VirExit Technologies Quarterly Data
Aug14 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 May17 Aug17 Nov17 Feb18 May18 Aug18 Nov18 Feb19 May19
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 -2.45 -2.81 -2.98 -3.01 -3.03

VirExit Technologies Total Equity Calculation

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

VirExit Technologies's Total Equity for the fiscal year that ended in Aug. 2018 is calculated as

Total Equity=Total Assets(Q: Aug. 2018 )-Total Liabilities(Q: Aug. 2018 )
=0.014-2.825
=-2.81

VirExit Technologies's Total Equity for the quarter that ended in May. 2019 is calculated as

Total Equity=Total Assets(Q: May. 2019 )-Total Liabilities(Q: May. 2019 )
=0.049-3.08
=-3.03

* 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 $-3.03 Mil mean?
VirExit Technologies (VXIT) has a Total Equity of $-3.03 Mil as of May. 2019. The total amount of equity as record on a company's balance sheet. View historical data for VirExit Technologies and its competitors.
Is VirExit Technologies' Total Equity too high?
VirExit Technologies' current Total Equity is $-3.03 Mil.
How does VirExit Technologies' Total Equity compare to RIHT and GEQU?
VirExit Technologies' Total Equity of $-3.03 Mil can be compared against companies in the Utilities - Independent Power Producers 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 Utilities - Independent Power Producers company?
A good Total Equity depends on the Utilities - Independent Power Producers 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 VirExit Technologies and its competitors. VirExit Technologies's current Total Equity is $-3.03 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VirExit Technologies stock overvalued right now?
VirExit Technologies (VXIT) has a current Total Equity of $-3.03 Mil. The current Total Equity is $-3.03 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 VirExit Technologies (VXIT), the current Total Equity is $-3.03 Mil as of May. 2019. 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.

VirExit Technologies Business Description

Address 1280 Lexington Avenue, FRNT 2 No.1292, New York, NY, USA, 10028
VirExit Technologies Inc is established as a renewable energy company, incubating solar technologies to establish electrification, education, connectivity, and media distribution infrastructures in rural communities across the globe to empower the individual, community, and local economy.