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GuruFocus has detected 1 Warning Sign with E*TRADE Financial Corp \$ETFC.
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Total Equity
\$6,272 Mil (As of Dec. 2016)

E*TRADE Financial Corp's total equity for the quarter that ended in Dec. 2016 was \$6,272 Mil.

Total equity is used to calculate book value per share. E*TRADE Financial Corp's book value per share for the quarter that ended in Dec. 2016 was \$21.46. The ratio of a companys debt over equity can be used to measure how leveraged this company is. E*TRADE Financial Corp's debt to equity ratio for the quarter that ended in Dec. 2016 was 0.22.

Definition

Total Equity refers to the net assets owned by shareholders.

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

E*TRADE Financial 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 ) = 48999 - 42727 = 6,272

E*TRADE Financial 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 ) = 48999 - 42727 = 6,272

* 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.

E*TRADE Financial 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 = (6272 - 394) / 273.96 = 21.46

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

E*TRADE Financial 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 + 1403) / 6272 = 0.22

* 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.