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GuruFocus has detected 4 Warning Signs with Allegiant Travel Co \$ALGT.
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Allegiant Travel Co (NAS:ALGT)
Total Equity
\$474 Mil (As of Dec. 2016)

Allegiant Travel Co's total equity for the quarter that ended in Dec. 2016 was \$474 Mil.

Total equity is used to calculate book value per share. Allegiant Travel Co's book value per share for the quarter that ended in Dec. 2016 was \$28.62. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Allegiant Travel Co's debt to equity ratio for the quarter that ended in Dec. 2016 was 1.71.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Allegiant Travel Co's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 1671.576 - 1197.954 = 474

Allegiant Travel Co's Total Equity for the quarter that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 1671.576 - 1197.954 = 474

* 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.

Allegiant Travel Co's Book Value Per Share for the quarter that ended in Dec. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (473.622 - 0) / 16.55 = 28.62

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

Allegiant Travel Co's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (86.226 + 722.048) / 473.622 = 1.71

* 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.

Allegiant Travel Co Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 210 234 292 298 352 400 376 293 350 474

Allegiant Travel Co Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 340 293 302 326 334 350 362 407 442 474
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