Reach Resources (ASX:RR1) Total Equity : A$9.84 Mil (As of Dec. 2023)

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What is Reach Resources Total Equity?

Reach Resources's total equity for the quarter that ended in Dec. 2023 was A$9.84 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Reach Resources Total Equity Historical Data

The historical data trend for Reach Resources's Total 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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Reach Resources Total Equity Chart

Reach Resources Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Equity

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0.68

0.78

3.46

5.53

6.03

Reach Resources Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Total Equity	Get a 7-Day Free Trial															3.47	5.53	5.20	6.03	9.84

Reach Resources Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Reach Resources's Total Equity for the fiscal year that ended in Jun. 2023 is calculated as

Total Equity	=	Total Assets(Q: Jun. 2023 )	-	Total Liabilities(Q: Jun. 2023 )
	=	6.551	-	0.525
	=	6.03

Reach Resources's Total Equity for the quarter that ended in Dec. 2023 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2023 )	-	Total Liabilities(Q: Dec. 2023 )
	=	10.814	-	0.971
	=	9.84

Reach Resources Total Equity Related Terms

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Reach Resources (ASX:RR1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Reach Resources Ltd (ASX:RR1) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

216 St Georges Terrace, Level 4, South Perth, Perth, WA, AUS, 6000

Website

https://www.reachresources.com.au

Reach Resources Ltd is a gold and base metals exploration company. It is currently involved in the Primrose Gold Project and the Skyline Rare Earth project. Skyline Rare Earth project is in the Gascoyne province of Western Australia. The Company acquired additional rare earth ground via Critical Elements Pty Ltd which is approximately 80km south of the Skyline Rare Earth project.

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