MTL Cannabis (XCNQ:MTLC) Total Stockholders Equity : C$12.88 Mil (As of Sep. 2023)

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What is MTL Cannabis Total Stockholders Equity?

MTL Cannabis's Total Stockholders Equity for the quarter that ended in Sep. 2023 was C$12.88 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. MTL Cannabis's Book Value per Share for the quarter that ended in Sep. 2023 was C$0.11. The ratio of a company's debt over equity can be used to measure how leveraged this company is. MTL Cannabis's Debt-to-Equity for the quarter that ended in Sep. 2023 was 3.07.

MTL Cannabis Total Stockholders Equity Historical Data

The historical data trend for MTL 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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MTL Cannabis Total Stockholders Equity Chart

MTL Cannabis Annual Data

Trend

Mar21

Mar22

Mar23

Total Stockholders Equity

1.55

3.75

1.54

MTL Cannabis Quarterly Data
	Mar21	Mar22	Jun22	Sep22	Mar23	Jun23	Sep23	Dec23
Total Stockholders Equity	Get a 7-Day Free Trial			-	1.54	1.35	12.88	-

MTL Cannabis (XCNQ:MTLC) Total Stockholders Equity Explanation

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

MTL Cannabis'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)
	=	(12.878	-	0)	/	116.998
	=	0.11

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

MTL Cannabis'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
	=	(19.311	+	20.222)	/	12.878
	=	3.07

MTL Cannabis Total Stockholders Equity Related Terms

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MTL Cannabis (XCNQ:MTLC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Tobacco Products » MTL Cannabis Corp (XCNQ:MTLC) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

J4E:Germany

Address

1773 Bayly Street, Pickering, ON, CAN, L1W 2Y7

Website

https://www.mtlcannabis.ca

MTL Cannabis Corp is a flower-first company built for the modern street, MTL Cannabis uses proprietary hydroponic growing methodologies supported by handcrafted techniques to produce products that are truly crafted for the masses. The company focuses on craft quality cannabis products, including lines of dried flower, pre-rolls and hash marketed under the MTL Cannabis, Low Key by MTL and R'belle brands for the Canadian market through nine distribution arrangements with various provincial cannabis distributors. It has also developed a number of export channels for bulk and unbranded GACP quality cannabis.

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