2 Cheap Cars Group (NZSE:2CC) Total Stockholders Equity : NZ$19.17 Mil (As of Sep. 2023)

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What is 2 Cheap Cars Group Total Stockholders Equity?

2 Cheap Cars Group's Total Stockholders Equity for the quarter that ended in Sep. 2023 was NZ$19.17 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. 2 Cheap Cars Group's Book Value per Share for the quarter that ended in Sep. 2023 was NZ$0.42. The ratio of a company's debt over equity can be used to measure how leveraged this company is. 2 Cheap Cars Group's Debt-to-Equity for the quarter that ended in Sep. 2023 was 0.39.

2 Cheap Cars Group Total Stockholders Equity Historical Data

The historical data trend for 2 Cheap Cars Group'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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2 Cheap Cars Group Total Stockholders Equity Chart

2 Cheap Cars Group Annual Data

Trend

Mar21

Mar22

Mar23

Total Stockholders Equity

15.61

15.11

16.17

2 Cheap Cars Group Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Total Stockholders Equity	Get a 7-Day Free Trial			14.71	15.11	15.40	16.17	19.17

2 Cheap Cars Group (NZSE:2CC) Total Stockholders Equity Explanation

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

2 Cheap Cars Group's Book Value per Share for the quarter that ended in Sep. 2023 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(19.167	-	0)	/	45.6
	=	0.42

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

2 Cheap Cars Group's Debt-to-Equity for the quarter that ended in Sep. 2023 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(1.614	+	5.782)	/	19.167
	=	0.39

2 Cheap Cars Group Total Stockholders Equity Related Terms

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2 Cheap Cars Group (NZSE:2CC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » 2 Cheap Cars Group Ltd (NZSE:2CC) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

102 Mays Road, Onehunga, Auckland, NTL, NZL, 1061

Website

https://www.2cheapcars.co.nz

2 Cheap Cars Group Ltd is an integrated automotive group operating throughout New Zealand via two divisions: Automotive Retail and Finance. The 2 Cheap Cars Group draws revenue from the two divisions: automotive retail division, revenue is primarily from the sale of vehicles and from agent commissions relating to third-party finance and insurance products. NZ Motor Finance (NZMF) generates finance income from lending to customers who are financing vehicles, and from selling guaranteed asset protection insurance (GAP) and payment protection insurance (PPI) products.

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