ARSLF (Altima Energy) Total Stockholders Equity: $-7.56 Mil (As of Nov. 2024)

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ARSLF Altima Energy Inc ARSLF
13 GF Score
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What is Altima Energy Total Stockholders Equity?

Altima Energy ARSLF -100.00% 13 Total Stockholders Equity is $-7.56 Mil as of Nov. 2024. GuruFocus rates ARSLF with a GF Score™ of 13/100.

Altima Energy's Total Stockholders Equity for the quarter that ended in Nov. 2024 was $-7.56 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Altima Energy's Book Value per Share for the quarter that ended in Nov. 2024 was $-0.13. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Altima Energy's Debt-to-Equity for the quarter that ended in Nov. 2024 was -0.39.

Altima Energy  (OTCPK:ARSLF) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Altima Energy's Book Value per Share for the quarter that ended in Nov. 2024 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-7.557-0)/56.975
=-0.13

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Altima Energy's Debt-to-Equity for the quarter that ended in Nov. 2024 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2.371 + 0.582) / -7.557
=-0.39

* 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.

Altima Energy Total Stockholders Equity Related Terms

Altima Energy Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Altima Energy's Total Stockholders 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.

Altima Energy Total Stockholders Equity Chart

Altima Energy Annual Data
Trend Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Feb22 Feb23 Feb24
Total Stockholders Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only -2.86 -4.06 -6.67 -5.92 -7.28

Altima Energy Quarterly Data
Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24
Total Stockholders 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 -6.61 -7.28 -7.17 -7.18 -7.56
ARSLF
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Altima Energy Inc ARSLF
Total Stockholders Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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What does a Total Stockholders Equity of $-7.56 Mil mean?
Altima Energy (ARSLF) has a Total Stockholders Equity of $-7.56 Mil as of Nov. 2024. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Altima Energy and its competitors.
Is Altima Energy's Total Stockholders Equity too high?
Altima Energy's current Total Stockholders Equity is $-7.56 Mil. Overall, Altima Energy has a GF Score™ of 13/100, reflecting its overall financial health beyond just this single metric.
How does Altima Energy's Total Stockholders Equity compare to COP and EOG?
Altima Energy's Total Stockholders Equity of $-7.56 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 Stockholders Equity for an Oil & Gas company?
A good Total Stockholders Equity depends on the Oil & Gas industry context. However, Total Stockholders 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 Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Altima Energy and its competitors. Altima Energy's current Total Stockholders Equity is $-7.56 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Altima Energy stock overvalued right now?
Altima Energy (ARSLF) has a current Total Stockholders Equity of $-7.56 Mil. The current Total Stockholders Equity is $-7.56 Mil. Altima Energy's overall GF Score™ is 13/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Altima Energy (ARSLF), the current Total Stockholders Equity is $-7.56 Mil as of Nov. 2024. 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.

Altima Energy Business Description

Industry EnergyOil & Gas
Address 595 Howe Street, Suite 303, Vancouver, BC, CAN, V6C 2T5
Altima Energy Inc is a junior energy company engaged in the exploring and developing oil and natural gas assets in Western Canada. It is exploration in regions such as the Deep Basin of West Central Alberta and Rainbow Lake in Northwestern Alberta.
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