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China Information Technology Inc (NAS:CNIT)
Total Equity
$14.20 Mil (As of Jun. 2016)

China Information Technology Inc's total equity for the quarter that ended in Jun. 2016 was $14.20 Mil.

Total equity is used to calculate book value per share. China Information Technology Inc's book value per share for the quarter that ended in Jun. 2016 was $0.35. The ratio of a company’s debt over equity can be used to measure how leveraged this company is. China Information Technology Inc's debt to equity ratio for the quarter that ended in Jun. 2016 was 0.46.


Definition

Total Equity refers to the net assets owned by shareholders.

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

China Information Technology Inc's Total Equity for the fiscal year that ended in Dec. 2015 is calculated as

Total Equity=Total Assets(Q: Jun. 2016 )-Total Liabilities(Q: Jun. 2016 )
=66.092-45.407
=20.69

China Information Technology Inc's Total Equity for the quarter that ended in Jun. 2016 is calculated as

Total Equity=Total Assets(Q: Jun. 2016 )-Total Liabilities(Q: Jun. 2016 )
=43.549-29.35
=14.20

* 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.

China Information Technology Inc's Book Value Per Share for the quarter that ended in Jun. 2016 is

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

China Information Technology Inc's Debt to Equity Ratio for the quarter that ended in Jun. 2016 is

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


Related Terms

Total Assets, Total Liabilities, Preferred Stock, Common Stock, Retained Earnings, Treasury Stock, Book Value per Share, Total Shares Outstanding, Current Portion of Long-Term Debt, Long-Term Debt, Additional Paid-In Capital


Historical Data

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

China Information Technology Inc Annual Data

Dec06Dec07Dec08Dec09Dec10Dec11Dec12Dec13Dec14Dec15
Total Equity 1.6574.01107.69152.54207.07230.87142.6837.3519.5120.69

China Information Technology Inc Semi-Annual Data

Dec11Jun12Dec12Jun13Dec13Jun14Dec14Jun15Dec15Jun16
Total Equity 230.87212.38142.6894.7637.3542.2619.5120.2820.6914.20
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