GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » Total Stockholders Equity

Hitek Global (Hitek Global) Total Stockholders Equity : $28.34 Mil (As of Dec. 2023)


View and export this data going back to 2023. Start your Free Trial

What is Hitek Global Total Stockholders Equity?

Hitek Global's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $28.34 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. Hitek Global's Book Value per Share for the quarter that ended in Dec. 2023 was $1.97. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Hitek Global's Debt-to-Equity for the quarter that ended in Dec. 2023 was 0.09.

Hitek Global Total Stockholders Equity Historical Data

The historical data trend for Hitek Global'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.

Hitek Global Total Stockholders Equity Chart

Hitek Global Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Total Stockholders Equity
Get a 7-Day Free Trial 8.96 11.17 13.13 13.53 28.34

Hitek Global Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Total Stockholders Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 13.13 13.13 13.53 25.96 28.34

Hitek Global  (NAS:HKIT) Total Stockholders Equity Explanation

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

Hitek Global's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(28.338-0)/14.3924
=1.97

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

Hitek Global's Debt-to-Equity for the quarter that ended in Dec. 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
=(0.496 + 2.114) / 28.338
=0.09

* 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.

Hitek Global Total Stockholders Equity Related Terms

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

Hitek Global (Hitek Global) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Technology » Software » Hitek Global Inc (NAS:HKIT) » Definitions » Total Stockholders Equity
Comparable Companies
SSNT EBZT INLX NOWG WBSR BMR MTBL TSRI CXAI PALT CRM XTER:SAP INTU NOW UBER CDNS SHOP WDAY XPAR:DSY ROP
Traded in Other Exchanges
4JX:Germany
Address
No. 30 Guanri Road, Siming District, Unit 304, Fujian Province, Phase II, Software Park, Xiamen, CHN
Website
http://www.xmhitek.com
Hitek Global Inc is a provider of information technology consulting and solutions services. The company has two lines of businesses such as services to small and medium businesses, which consist of Anti-Counterfeiting Tax Control System tax devices, including Golden Tax Disk and printers, ACTCS services, and IT services; and services to large businesses, which include hardware sales and software sales. It generates revenues from hardware sales, software sales, IT services, and tax devices and services.