MGNT (Meganet) Total Stockholders Equity: $-2.24 Mil (As of Jun. 2017)

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What is Meganet Total Stockholders Equity?

Meganet MGNT Total Stockholders Equity is $-2.24 Mil as of Jun. 2017.

Meganet's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $-2.24 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. Meganet's Book Value per Share for the quarter that ended in Jun. 2017 was $-0.02. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Meganet's Debt-to-Equity for the quarter that ended in Jun. 2017 was -0.37.

Meganet  (OTCPK:MGNT) Total Stockholders Equity Explanation

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

Meganet's Book Value per Share for the quarter that ended in Jun. 2017 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-2.239455-0)/100
=-0.02

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

Meganet's Debt-to-Equity for the quarter that ended in Jun. 2017 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.819965 + 0) / -2.239455
=-0.37

* 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 Stockholders Equity Related Terms

Meganet Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Meganet'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.

Meganet Total Stockholders Equity Chart

Meganet Annual Data
Trend Mar15 Mar16 Mar17
Total Stockholders Equity
-1.58 -1.88 -2.17

Meganet Quarterly Data
Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only -1.95 -2.03 -2.10 -2.17 -2.24
What does a Total Stockholders Equity of $-2.24 Mil mean?
Meganet (MGNT) has a Total Stockholders Equity of $-2.24 Mil as of Jun. 2017. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Meganet and its competitors.
Is Meganet's Total Stockholders Equity too high?
Meganet's current Total Stockholders Equity is $-2.24 Mil.
How does Meganet's Total Stockholders Equity compare to HDVW and UUU?
Meganet's Total Stockholders Equity 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 Stockholders Equity for a Business Services company?
A good Total Stockholders Equity depends on the Business Services 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 Meganet and its competitors. Meganet's current Total Stockholders Equity 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 Stockholders Equity of $-2.24 Mil. The current Total Stockholders Equity is $-2.24 Mil. 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 Meganet (MGNT), the current Total Stockholders Equity 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.