SpotLite360 IOT Solutions (XCNQ:LITE) Total Equity: C$-0.80 Mil (As of Sep. 2023)

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What is SpotLite360 IOT Solutions Total Equity?

SpotLite360 IOT Solutions XCNQ:LITE Total Equity is C$-0.80 Mil as of Sep. 2023.

SpotLite360 IOT Solutions's total equity for the quarter that ended in Sep. 2023 was C$-0.80 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.

SpotLite360 IOT Solutions Total Equity Historical Data

* Premium members only.

The historical data trend for SpotLite360 IOT Solutions'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.

SpotLite360 IOT Solutions Total Equity Chart

SpotLite360 IOT Solutions Annual Data
Trend Dec20 Dec21 Dec22
Total Equity
0.49 5.83 0.30

SpotLite360 IOT Solutions Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 11.54 0.30 -0.31 -0.59 -0.80

SpotLite360 IOT Solutions Total Equity Calculation

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

SpotLite360 IOT Solutions's Total Equity for the fiscal year that ended in Dec. 2022 is calculated as

Total Equity=Total Assets(Q: Dec. 2022 )-Total Liabilities(Q: Dec. 2022 )
=3.347-3.051
=0.30

SpotLite360 IOT Solutions's Total Equity for the quarter that ended in Sep. 2023 is calculated as

Total Equity=Total Assets(Q: Sep. 2023 )-Total Liabilities(Q: Sep. 2023 )
=0.221-1.018
=-0.80

* 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$-0.80 Mil mean?
SpotLite360 IOT Solutions (XCNQ:LITE) has a Total Equity of C$-0.80 Mil as of Sep. 2023. The total amount of equity as record on a company's balance sheet. View historical data for SpotLite360 IOT Solutions and its competitors.
Is SpotLite360 IOT Solutions' Total Equity too high?
SpotLite360 IOT Solutions' current Total Equity is C$-0.80 Mil.
How does SpotLite360 IOT Solutions' Total Equity compare to GEHC and VEEV?
SpotLite360 IOT Solutions' Total Equity of C$-0.80 Mil can be compared against companies in the Healthcare Providers & Services 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 Healthcare Providers & Services company?
A good Total Equity depends on the Healthcare Providers & Services 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 SpotLite360 IOT Solutions and its competitors. SpotLite360 IOT Solutions's current Total Equity is C$-0.80 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is SpotLite360 IOT Solutions stock overvalued right now?
SpotLite360 IOT Solutions (XCNQ:LITE) has a current Total Equity of C$-0.80 Mil. The current Total Equity is C$-0.80 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Equity calculated?
Total Equity is calculated from a company's financial statements. For SpotLite360 IOT Solutions (XCNQ:LITE), the current Total Equity is C$-0.80 Mil as of Sep. 2023. 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.

SpotLite360 IOT Solutions Business Description

Address 789 West Pender Street, Suite 810, Vancouver, BC, CAN, V6C 1H2
SpotLite360 IOT Solutions Inc is a supply chain and healthcare company focused on the delivery of a SaaS-based supply chain execution and sustainability platform for enterprise customers in the pharmaceutical, healthcare, and agricultural industries. Its Spotlite360 Software meets the customer needs for supply chain execution, tracing, tracking, and sustainability.