Heavy Rare Earths (ASX:HRE) Total Equity : A$4.93 Mil (As of Dec. 2023)

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What is Heavy Rare Earths Total Equity?

Heavy Rare Earths's total equity for the quarter that ended in Dec. 2023 was A$4.93 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.

Heavy Rare Earths Total Equity Historical Data

The historical data trend for Heavy Rare Earths'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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Heavy Rare Earths Total Equity Chart

Heavy Rare Earths Annual Data

Trend

Jun23

Total Equity

5.39

Heavy Rare Earths Semi-Annual Data
	Jun22	Jun23	Dec23
Total Equity	5.91	5.39	4.93

Heavy Rare Earths Total Equity Calculation

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

Heavy Rare Earths'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 )
	=	5.564	-	0.174
	=	5.39

Heavy Rare Earths'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 )
	=	5.145	-	0.213
	=	4.93

Heavy Rare Earths Total Equity Related Terms

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Heavy Rare Earths (ASX:HRE) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Metals & Mining » Heavy Rare Earths Ltd (ASX:HRE) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

459 Collins Street, Level 21, Melbourne, VIC, AUS, 3000

Website

https://www.hreltd.com.au

Heavy Rare Earths Ltd is an Australian rare earth exploration company with projects in Western Australia and the Northern Territory. The firm's key exploration project is Cowalinya in Western Australia. This is a clay-hosted rare earth project. It holds interest in Duke rare earth project. Rare earth materials are used in a wide array of technology and future-facing applications, including smartphones, wind energy, and hybrid and electric vehicles.

Heavy Rare Earths (ASX:HRE) Headlines

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