Rainy Mountain Royalty (TSXV:RMO) Total Equity : C$1.79 Mil (As of Jan. 2024)

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What is Rainy Mountain Royalty Total Equity?

Rainy Mountain Royalty's total equity for the quarter that ended in Jan. 2024 was C$1.79 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.

Rainy Mountain Royalty Total Equity Historical Data

The historical data trend for Rainy Mountain Royalty'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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Rainy Mountain Royalty Total Equity Chart

Rainy Mountain Royalty Annual Data

Trend

Apr14

Apr15

Apr16

Apr17

Apr18

Apr19

Apr20

Apr21

Apr22

Apr23

Total Equity

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1.98

1.70

1.90

1.84

1.98

Rainy Mountain Royalty Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Jan21	Apr21	Jul21	Oct21	Jan22	Apr22	Jul22	Oct22	Jan23	Apr23	Jul23	Oct23	Jan24
Total Equity	Get a 7-Day Free Trial															2.05	1.98	1.94	1.86	1.79

Rainy Mountain Royalty Total Equity Calculation

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

Rainy Mountain Royalty's Total Equity for the fiscal year that ended in Apr. 2023 is calculated as

Total Equity	=	Total Assets(Q: Apr. 2023 )	-	Total Liabilities(Q: Apr. 2023 )
	=	2.905	-	0.929
	=	1.98

Rainy Mountain Royalty's Total Equity for the quarter that ended in Jan. 2024 is calculated as

Total Equity	=	Total Assets(Q: Jan. 2024 )	-	Total Liabilities(Q: Jan. 2024 )
	=	2.803	-	1.013
	=	1.79

Rainy Mountain Royalty Total Equity Related Terms

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Rainy Mountain Royalty (TSXV:RMO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Rainy Mountain Royalty Corp (TSXV:RMO) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

EK7N:Germany

Address

1199 West Hastings Street, Suite 800, Vancouver, BC, CAN, V6E 3T5

Website

http://www.rmroyalty.com

Rainy Mountain Royalty Corp is a mineral exploration project generator. The company is engaged in acquiring early-stage exploration opportunities and delivering them drill targets ready to joint venture partners. The company currently holds multiple property interests in Ontario and is primarily focused on shear-hosted gold and base metals properties with associated gold and silver credits. Its property portfolio consists of Marshall Lake and other properties.

Executives

Douglas Lawrence Mason

Director, Senior Officer