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GuruFocus has detected 6 Warning Signs with Cal-Maine Foods Inc \$CALM.
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Cal-Maine Foods Inc (NAS:CALM)
Total Equity
\$866 Mil (As of Feb. 2017)

Cal-Maine Foods Inc's total equity for the quarter that ended in Feb. 2017 was \$866 Mil.

Total equity is used to calculate book value per share. Cal-Maine Foods Inc's book value per share for the quarter that ended in Feb. 2017 was \$17.83. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Cal-Maine Foods Inc's debt to equity ratio for the quarter that ended in Feb. 2017 was 0.03.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Cal-Maine Foods Inc's Total Equity for the fiscal year that ended in May. 2016 is calculated as

 Total Equity = Total Assets(Q: Feb. 2017 ) - Total Liabilities(Q: Feb. 2017 ) = 1111.765 - 196.49 = 915

Cal-Maine Foods Inc's Total Equity for the quarter that ended in Feb. 2017 is calculated as

 Total Equity = Total Assets(Q: Feb. 2017 ) - Total Liabilities(Q: Feb. 2017 ) = 1085.275 - 218.859 = 866

* 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.

Cal-Maine Foods Inc's Book Value Per Share for the quarter that ended in Feb. 2017 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (866.416 - 0) / 48.58 = 17.83

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

Cal-Maine Foods Inc's Debt to Equity Ratio for the quarter that ended in Feb. 2017 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (15.449 + 7.302) / 866.416 = 0.03

* 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.

Cal-Maine Foods Inc Annual Data

 May07 May08 May09 May10 May11 May12 May13 May14 May15 May16 Total Equity 156 276 332 378 419 479 518 594 704 915

Cal-Maine Foods Inc Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 Total Equity 638 672 704 799 873 914 915 885 863 866
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