Novus Acquisition & Development (Novus Acquisition & Development) Total Stockholders Equity : $1.72 Mil (As of Sep. 2023)

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What is Novus Acquisition & Development Total Stockholders Equity?

Novus Acquisition & Development's Total Stockholders Equity for the quarter that ended in Sep. 2023 was $1.72 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. Novus Acquisition & Development's Book Value per Share for the quarter that ended in Sep. 2023 was $0.02. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Novus Acquisition & Development's Debt-to-Equity for the quarter that ended in Sep. 2023 was 0.00.

Novus Acquisition & Development Total Stockholders Equity Historical Data

The historical data trend for Novus Acquisition & Development'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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Novus Acquisition & Development Total Stockholders Equity Chart

Novus Acquisition & Development Annual Data

Trend

Total Stockholders Equity

Novus Acquisition & Development Quarterly Data
	Sep22	Sep23
Total Stockholders Equity	-	1.72

Novus Acquisition & Development (OTCPK:NDEV) Total Stockholders Equity Explanation

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

Novus Acquisition & Development'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)
	=	(1.721	-	0.001)	/	107.804
	=	0.02

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

Novus Acquisition & Development'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
	=	(0	+	0)	/	1.721
	=	0.00

Novus Acquisition & Development Total Stockholders Equity Related Terms

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Novus Acquisition & Development (Novus Acquisition & Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Novus Acquisition & Development Corp (OTCPK:NDEV) » Definitions » Total Stockholders Equity

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Traded in Other Exchanges

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Address

2665 South Bayshore Drive, Suite 220, Miami, FL, USA, 33131

Website

https://www.getnovusnow.com

Novus Acquisition & Development Corp is a holding company operating through its subsidiaries. It offers health, life, and annuity insurance products and services. The company initiated its health insurance business model within the medical marijuana space, where it can render risk and non-risk insurance models. It operates throughout the United States.