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GuruFocus has detected 5 Warning Signs with Bank of New York Mellon Corp \$BK.
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Bank of New York Mellon Corp (NYSE:BK)
Total Equity
\$38,811 Mil (As of Dec. 2016)

Bank of New York Mellon Corp's total equity for the quarter that ended in Dec. 2016 was \$38,811 Mil.

Total equity is used to calculate book value per share. Bank of New York Mellon Corp's book value per share for the quarter that ended in Dec. 2016 was \$33.67. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Bank of New York Mellon Corp's debt to equity ratio for the quarter that ended in Dec. 2016 was 0.65.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Bank of New York Mellon 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 ) = 333469 - 294658 = 38,811

Bank of New York Mellon 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 ) = 333469 - 294658 = 38,811

* 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.

Bank of New York Mellon 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 = (38811 - 3542) / 1047.49 = 33.67

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

Bank of New York Mellon 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 + 25217) / 38811 = 0.65

* 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.

Bank of New York Mellon Corp Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 29,403 28,050 28,977 32,354 33,417 36,431 37,497 37,441 38,037 38,811

Bank of New York Mellon Corp Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Total Equity 37,441 37,328 38,270 38,170 38,037 38,459 38,559 39,695 38,811 39,138
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