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GuruFocus has detected 2 Warning Signs with Amgen Inc \$AMGN.
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Amgen Inc (NAS:AMGN)
Total Equity
\$29,875 Mil (As of Dec. 2016)

Amgen Inc's total equity for the quarter that ended in Dec. 2016 was \$29,875 Mil.

Total equity is used to calculate book value per share. Amgen Inc's book value per share for the quarter that ended in Dec. 2016 was \$40.48. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Amgen Inc's debt to equity ratio for the quarter that ended in Dec. 2016 was 1.16.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Amgen Inc'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 ) = 77626 - 47751 = 29,875

Amgen Inc'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 ) = 77626 - 47751 = 29,875

* 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.

Amgen Inc'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 = (29875 - 0) / 738.00 = 40.48

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

Amgen Inc'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 = (4403 + 30193) / 29875 = 1.16

* 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.

Amgen Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 17,869 20,386 22,667 23,944 19,029 19,060 22,096 25,778 28,083 29,875

Amgen Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 25,325 25,778 26,506 27,484 27,967 28,083 28,682 30,133 30,773 29,875
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