Switch to:
GuruFocus has detected 2 Warning Signs with Apache Corp \$APA.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Apache Corp (NYSE:APA)
Total Equity
\$6,238 Mil (As of Dec. 2016)

Apache Corp's total equity for the quarter that ended in Dec. 2016 was \$6,238 Mil.

Total equity is used to calculate book value per share. Apache Corp's book value per share for the quarter that ended in Dec. 2016 was \$16.44. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Apache Corp's debt to equity ratio for the quarter that ended in Dec. 2016 was 1.37.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Apache Corp'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 ) = 22519 - 16281 = 6,238

Apache Corp'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 ) = 22519 - 16281 = 6,238

* 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.

Apache Corp'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 = (6238 - 0) / 379.43 = 16.44

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

Apache Corp'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 = (0 + 8544) / 6238 = 1.37

* 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.

Apache Corp Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 15,378 16,509 15,779 24,377 28,993 31,331 33,396 25,937 7,888 6,238

Apache Corp Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 30,818 25,937 21,211 15,544 9,809 7,888 2,018 7,142 6,469 6,238
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)