Nova Lithium (XCNQ:NVLI) Total Stockholders Equity : C$0.33 Mil (As of Mar. 2024)

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What is Nova Lithium Total Stockholders Equity?

Nova Lithium's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$0.33 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 Lithium's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.02. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Nova Lithium's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.32.

Nova Lithium Total Stockholders Equity Historical Data

The historical data trend for Nova 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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Nova Lithium Total Stockholders Equity Chart

Nova Lithium Annual Data

Trend

Jun21

Jun22

Jun23

Total Stockholders Equity

0.82

0.70

0.50

Nova Lithium Quarterly Data
	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial							0.51	0.50	0.50	0.40	0.33

Nova Lithium (XCNQ:NVLI) Total Stockholders Equity Explanation

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

Nova Lithium'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)
	=	(0.325	-	0)	/	20.5871
	=	0.02

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

Nova Lithium'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
	=	(0.104	+	0)	/	0.325
	=	0.32

Nova Lithium Total Stockholders Equity Related Terms

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Nova Lithium (XCNQ:NVLI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Nova Lithium Corp (XCNQ:NVLI) » Definitions » Total Stockholders Equity

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Traded in Other Exchanges

NVLIF:USA

Address

1110 Hamilton Street, Suite 306, Vancouver, BC, CAN, V6B 2S2

Website

https://www.novalithiumcorp.com

Nova Lithium Corp is engaged in the exploration and evaluation of resource properties. The company is predominantly engaged in the acquisition, exploration and development of lithium brine and lithium clay properties. It holds 100% interest in Deer Musk West Project.

Nova Lithium (XCNQ:NVLI) Headlines

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