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Amcon Distributing Co (AMEX:DIT)
Total Equity
\$67 Mil (As of Mar. 2017)

Amcon Distributing Co's total equity for the quarter that ended in Mar. 2017 was \$67 Mil.

Total equity is used to calculate book value per share. Amcon Distributing Co's book value per share for the quarter that ended in Mar. 2017 was \$97.46. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Amcon Distributing Co's debt to equity ratio for the quarter that ended in Mar. 2017 was 0.12.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Amcon Distributing Co's Total Equity for the fiscal year that ended in Sep. 2016 is calculated as

 Total Equity = Total Assets(Q: Mar. 2017 ) - Total Liabilities(Q: Mar. 2017 ) = 112.263 - 46.513 = 66

Amcon Distributing Co's Total Equity for the quarter that ended in Mar. 2017 is calculated as

 Total Equity = Total Assets(Q: Mar. 2017 ) - Total Liabilities(Q: Mar. 2017 ) = 105.679 - 38.628 = 67

* 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.

Amcon Distributing Co's Book Value Per Share for the quarter that ended in Mar. 2017 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (67.051 - 0) / 0.688 = 97.46

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

Amcon Distributing Co's Debt to Equity Ratio for the quarter that ended in Mar. 2017 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0.368 + 7.939) / 67.051 = 0.12

* 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.

Amcon Distributing Co Annual Data

 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Total Equity 6 11 24 33 42 48 53 55 61 66

Amcon Distributing Co Quarterly Data

 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Total Equity 58 59 60 61 61 62 62 66 67 67
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