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Aflac Inc (NYSE:AFL)
Total Equity
\$22,785 Mil (As of Sep. 2016)

Aflac Inc's total equity for the quarter that ended in Sep. 2016 was \$22,785 Mil.

Total equity is used to calculate book value per share. Aflac Inc's book value per share for the quarter that ended in Sep. 2016 was \$55.84. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Aflac Inc's debt to equity ratio for the quarter that ended in Sep. 2016 was 0.25.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Aflac Inc's Total Equity for the fiscal year that ended in Dec. 2014 is calculated as

 Total Equity = Total Assets(Q: Sep. 2016 ) - Total Liabilities(Q: Sep. 2016 ) = 119767 - 101420 = 18,347

Aflac Inc's Total Equity for the quarter that ended in Sep. 2016 is calculated as

 Total Equity = Total Assets(Q: Sep. 2016 ) - Total Liabilities(Q: Sep. 2016 ) = 144101 - 121316 = 22,785

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Explanation

1. Total equity is used to calculate book value per share.

Aflac Inc's Book Value Per Share for the quarter that ended in Sep. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (22785 - 0) / 408.02 = 55.84

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

Aflac Inc's Debt to Equity Ratio for the quarter that ended in Sep. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 5765) / 22785 = 0.25

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

Aflac Inc Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Total Equity 8,341 8,795 6,639 8,417 11,056 13,506 15,978 14,620 18,347 17,708

Aflac Inc Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Total Equity 17,558 17,853 18,347 18,637 17,018 17,255 17,708 20,021 22,550 22,785
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