MGNT (Meganet) Total Liabilities: $2.24 Mil (As of Jun. 2017)


What is Meganet Total Liabilities?

Meganet MGNT +1.76% Total Liabilities is $2.24 Mil as of Jun. 2017.

Meganet's Total Liabilities for the quarter that ended in Jun. 2017 was $2.24 Mil.

Meganet's quarterly Total Liabilities increased from Dec. 2016 ($2.11 Mil) to Mar. 2017 ($2.17 Mil) and increased from Mar. 2017 ($2.17 Mil) to Jun. 2017 ($2.24 Mil).

Meganet's annual Total Liabilities increased from Mar. 2015 ($1.64 Mil) to Mar. 2016 ($1.90 Mil) and increased from Mar. 2016 ($1.90 Mil) to Mar. 2017 ($2.17 Mil).

Meganet Total Liabilities Historical Data

* Premium members only.

The historical data trend for Meganet's Total Liabilities 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.

Meganet Total Liabilities Chart

Meganet Annual Data
Trend Mar15 Mar16 Mar17
Total Liabilities
1.64 1.90 2.17

Meganet Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Total Liabilities Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.97 2.04 2.11 2.17 2.24

Meganet Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Meganet's Total Liabilities for the fiscal year that ended in Mar. 2017 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=2.172+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2.17

Total Liabilities=Total Assets (A: Mar. 2017 )-Total Equity (A: Mar. 2017 )
=N/A--2.172
=N/A

Meganet's Total Liabilities for the quarter that ended in Jun. 2017 is calculated as

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=2.244+(0+0
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0+0+0)
=2.24

Total Liabilities=Total Assets (Q: Jun. 2017 )-Total Equity (Q: Jun. 2017 )
=0.004--2.239
=2.24

* 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 Liabilities →
What does a Total Liabilities of $2.24 Mil mean?
Meganet (MGNT) has a Total Liabilities of $2.24 Mil as of Jun. 2017. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Meganet and its competitors.
Is Meganet's Total Liabilities too high?
Meganet's current Total Liabilities is $2.24 Mil.
How does Meganet's Total Liabilities compare to HDVW and UUU?
Meganet's Total Liabilities of $2.24 Mil can be compared against companies in the Business 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 Liabilities for a Business Services company?
A good Total Liabilities depends on the Business Services industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Meganet and its competitors. Meganet's current Total Liabilities is $2.24 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Meganet stock overvalued right now?
Meganet (MGNT) has a current Total Liabilities of $2.24 Mil. The current Total Liabilities is $2.24 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Meganet (MGNT), the current Total Liabilities is $2.24 Mil as of Jun. 2017. 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.

Meganet Business Description

Address 2510 East Sunset Road, Unit 5-777, Las Vegas, NV, USA, 89120
Meganet Corp is focused on the development of data security solutions for enterprises, organizations, and corporations around the globe, including the United States Department of Defense, Military Intelligence, and the Federal Government. The company's data security solutions include an encryption algorithm. It out-sources the manufacture of its counter-IED products, including bomb jammers, dismounted backpack portable jammers, and facility jammers. The company also develops and sells cell phones, satellites, and wireless interceptors. Other data security solutions include encrypted cell phones, landlines, faxes, radios, and satellites.