Sorrento Resources (XCNQ:SRS) Total Equity : C$0.93 Mil (As of Dec. 2023)

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What is Sorrento Resources Total Equity?

Sorrento Resources's total equity for the quarter that ended in Dec. 2023 was C$0.93 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.

Sorrento Resources Total Equity Historical Data

The historical data trend for Sorrento 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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Sorrento Resources Total Equity Chart

Sorrento Resources Annual Data

Trend

Jun22

Jun23

Total Equity

0.28

1.03

Sorrento Resources Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Total Equity	Get a 7-Day Free Trial				0.16	0.89	1.03	0.80	0.93

Sorrento Resources Total Equity Calculation

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

Sorrento Resources's Total Equity for the fiscal year that ended in Jun. 2023 is calculated as

Total Equity	=	Total Assets(Q: Jun. 2023 )	-	Total Liabilities(Q: Jun. 2023 )
	=	1.062	-	0.032
	=	1.03

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

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	1.043	-	0.115
	=	0.93

Sorrento Resources Total Equity Related Terms

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Sorrento Resources (XCNQ:SRS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Sorrento Resources Ltd (XCNQ:SRS) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

SRSLF:USA

Address

9285 - 203B Street, Langley, BC, CAN, V1M 2L9

Website

https://www.sorrentoresources.ca

Sorrento Resources Ltd engages in the exploration, development, and exploitation of mineral resources in Canada. Its projects include Wing Pond project, Harmsworth project, PEG lithium project, Silver Mountain project and others.

Executives

Blair Lawrence Naughty

10% Security Holder