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Electro Rent Corp's quarterly additional paid-in capital increased from Aug. 2013 ($38.2 Mil) to Nov. 2013 ($38.6 Mil) and increased from Nov. 2013 ($38.6 Mil) to Feb. 2014 ($38.9 Mil).
Electro Rent Corp's annual additional paid-in capital increased from May. 2011 ($34.7 Mil) to May. 2012 ($36.2 Mil) and increased from May. 2012 ($36.2 Mil) to May. 2013 ($37.7 Mil).
Capital that a company raises in a financing round in excess of the capital's par value. The account represents the excess paid by an investor over the par-value price of a stock issue. Additional paid-in-capital can arise from issuing either preferred or common stock.
Additional Paid-In Capital is calculated as
|Additional Paid-In Capital||=||(Issue Price||-||Par Value)||*||Shares Outstanding|
* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.
Electro Rent Corp Annual Data
Electro Rent Corp Quarterly Data