Millennial Lithium (TSXV:ML) Total Stockholders Equity : C$111.77 Mil (As of Aug. 2021)

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What is Millennial Lithium Total Stockholders Equity?

Millennial Lithium's Total Stockholders Equity for the quarter that ended in Aug. 2021 was C$111.77 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. Millennial Lithium's Book Value per Share for the quarter that ended in Aug. 2021 was C$1.14. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Millennial Lithium's Debt-to-Equity for the quarter that ended in Aug. 2021 was 0.00.

Millennial Lithium Total Stockholders Equity Historical Data

The historical data trend for Millennial Lithium'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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Millennial Lithium Total Stockholders Equity Chart

Millennial Lithium Annual Data

Trend

Feb12

Feb13

Feb14

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Total Stockholders Equity

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7.53

54.70

80.20

76.75

116.14

Millennial Lithium Quarterly Data
	Nov16	Feb17	May17	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21
Total Stockholders Equity	Get a 7-Day Free Trial															74.77	79.84	116.14	114.26	111.77

Millennial Lithium (TSXV:ML) Total Stockholders Equity Explanation

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

Millennial Lithium's Book Value per Share for the quarter that ended in Aug. 2021 is

Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(111.766	-	0)	/	97.8614
	=	1.14

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

Millennial Lithium's Debt-to-Equity for the quarter that ended in Aug. 2021 is

Debt-to-Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.1	+	0.053)	/	111.766
	=	0.00

Millennial Lithium Total Stockholders Equity Related Terms

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Millennial Lithium (TSXV:ML) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Millennial Lithium Corp (TSXV:ML) » Definitions » Total Stockholders Equity

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Traded in Other Exchanges

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Address

350 Bay Street, Suite 400, Toronto, ON, CAN, M5H 2S6

Website

http://www.millenniallithium.com

Millennial Lithium Corp is engaged in the business of acquisition, exploration and development of lithium mineral properties. The company's projects include the Pastos Grandes Lithium Project and Cauchari East Lithium Project. It has one operating segment, being the exploration of resource properties.