Kip McGrath Education Centres (ASX:KME) Total Equity : A$22.32 Mil (As of Dec. 2023)

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What is Kip McGrath Education Centres Total Equity?

Kip McGrath Education Centres's total equity for the quarter that ended in Dec. 2023 was A$22.32 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.

Kip McGrath Education Centres Total Equity Historical Data

The historical data trend for Kip McGrath Education Centres'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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Kip McGrath Education Centres Total Equity Chart

Kip McGrath Education Centres Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Total Equity

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11.77

17.85

18.46

21.92

23.08

Kip McGrath Education Centres 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															19.67	21.92	22.03	23.08	22.32

Kip McGrath Education Centres Total Equity Calculation

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

Kip McGrath Education Centres'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 )
	=	37.114	-	14.032
	=	23.08

Kip McGrath Education Centres'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 )
	=	35.81	-	13.488
	=	22.32

Kip McGrath Education Centres Total Equity Related Terms

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Kip McGrath Education Centres (ASX:KME) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Defensive » Education » Kip McGrath Education Centres Ltd (ASX:KME) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

7 Bond Street, Newcastle, NSW, AUS, 2300

Website

https://www.kipmcgrath.com

Kip McGrath Education Centres Ltd offers supplementary education to students through the franchise in Australia and overseas, in the United Kingdom and New Zealand. Its products are face to face tuition programs, direct at-home educational products and online tertiary courses. Geographically, the company operates in Australasia, the United Kingdom and Europe, and Other overseas regions. It derives revenue from franchise fees, student lesson fees, sales of master territories and franchise centres, and direct sales, of which a majority of the revenue is derived from franchise fees.