Nova Cannabis (FRA:2LK) Total Stockholders Equity : €34.4 Mil (As of Mar. 2024)

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What is Nova Cannabis Total Stockholders Equity?

Nova Cannabis's Total Stockholders Equity for the quarter that ended in Mar. 2024 was €34.4 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. Nova Cannabis's Book Value per Share for the quarter that ended in Mar. 2024 was €0.60. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Nova Cannabis's Debt-to-Equity for the quarter that ended in Mar. 2024 was 1.23.

Nova Cannabis Total Stockholders Equity Historical Data

The historical data trend for Nova Cannabis'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.

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Nova Cannabis Total Stockholders Equity Chart

Nova Cannabis Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

20.45

10.95

40.63

33.23

34.75

Nova Cannabis Quarterly Data
	Dec19	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial												32.27	33.55	34.90	34.75	34.42

Nova Cannabis (FRA:2LK) Total Stockholders Equity Explanation

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

Nova Cannabis's Book Value per Share for the quarter that ended in Mar. 2024 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(34.416	-	0)	/	57.2713
	=	0.60

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

Nova Cannabis's Debt-to-Equity for the quarter that ended in Mar. 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
	=	(14.329	+	28.018)	/	34.416
	=	1.23

Nova Cannabis Total Stockholders Equity Related Terms

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Nova Cannabis (FRA:2LK) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Nova Cannabis Inc (FRA:2LK) » Definitions » Total Stockholders Equity

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Traded in Other Exchanges

NVACF:USA NOVC:Canada

Address

101, 17220 Stony Plain Road NW, Edmonton, AB, CAN, T5S 1K6

Website

https://www.novacannabisstore.com

Nova Cannabis Inc is engaged in the operation of retail cannabis stores in Canada. It operates approximately 88 retail cannabis stores in Alberta, 16 in Ontario, and one in Saskatchewan. Some of its brands are Value Buds and Sweet Tree Cannabis Co. The company's products include Dried flowers, Pre-rolls, Candy and Cartridges, among others.

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