Erdene Resource Development (TSX:ERD) Total Stockholders Equity : C$57.50 Mil (As of Mar. 2024)

View and export this data going back to 2005. Start your Free Trial

What is Erdene Resource Development Total Stockholders Equity?

Erdene Resource Development's Total Stockholders Equity for the quarter that ended in Mar. 2024 was C$57.50 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. Erdene Resource Development's Book Value per Share for the quarter that ended in Mar. 2024 was C$0.17. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Erdene Resource Development's Debt-to-Equity for the quarter that ended in Mar. 2024 was 0.00.

Erdene Resource Development Total Stockholders Equity Historical Data

The historical data trend for Erdene Resource 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.

* Premium members only.

Erdene Resource Development Total Stockholders Equity Chart

Erdene Resource Development Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Total Stockholders Equity

Get a 7-Day Free Trial

19.98

42.12

45.73

51.62

58.88

Erdene Resource Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Total Stockholders Equity	Get a 7-Day Free Trial															50.07	48.57	48.49	58.88	57.50

Erdene Resource Development (TSX:ERD) Total Stockholders Equity Explanation

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

Erdene Resource Development'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)
	=	(57.503	-	0)	/	345.538
	=	0.17

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

Erdene Resource Development'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
	=	(0.014	+	0)	/	57.503
	=	0.00

Erdene Resource Development Total Stockholders Equity Related Terms

Thank you for viewing the detailed overview of Erdene Resource Development's Total Stockholders Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Erdene Resource Development (TSX:ERD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Erdene Resource Development Corp (TSX:ERD) » Definitions » Total Stockholders Equity

Comparable Companies

Traded in Other Exchanges

ERDCF:USA

Address

99 Wyse Road, Metropolitan Place, Suite 1480, Dartmouth, NS, CAN, B3A 4S5

Website

https://www.erdene.com

Erdene Resource Development Corp is a Canadian-based resource exploration company. It is primarily engaged in the exploration and development of precious metals and mineral deposits in Mongolia. The company's project consists of Bayan Khundii, Altan Nar, Zuun Mod, and Khuvyn Khar. The Bayan Khundii and Altan Nar project is located within the Tian-Shan copper-gold belt in southwest Mongolia from the Chinese border city of Ceke. The Zuun Mod project is located within 200 kilometres of China's border in Mongolia's Bayankhongor Province. The Khuvyn Khar copper-silver project is located on the Zuun Mod property.

Executives

John Philip Byrne	Director
Peter Akerley	Director, Senior Officer

Erdene Resource Development (TSX:ERD) Headlines

No Headlines