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General Dynamics Corp (NYSE:GD)
Total Equity
\$11,317 Mil (As of Sep. 2016)

General Dynamics Corp's total equity for the quarter that ended in Sep. 2016 was \$11,317 Mil.

Total equity is used to calculate book value per share. General Dynamics Corp's book value per share for the quarter that ended in Sep. 2016 was \$37.16. The ratio of a companys debt over equity can be used to measure how leveraged this company is. General Dynamics Corp's debt to equity ratio for the quarter that ended in Sep. 2016 was 0.34.

Definition

Total Equity refers to the net assets owned by shareholders.

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

General Dynamics Corp's Total Equity for the fiscal year that ended in Dec. 2015 is calculated as

 Total Equity = Total Assets(Q: Sep. 2016 ) - Total Liabilities(Q: Sep. 2016 ) = 31997 - 21259 = 10,738

General Dynamics Corp's Total Equity for the quarter that ended in Sep. 2016 is calculated as

 Total Equity = Total Assets(Q: Sep. 2016 ) - Total Liabilities(Q: Sep. 2016 ) = 32668 - 21351 = 11,317

* 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.

General Dynamics Corp's Book Value Per Share for the quarter that ended in Sep. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (11317 - 0) / 304.52 = 37.16

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

General Dynamics Corp's Debt to Equity Ratio for the quarter that ended in Sep. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (1 + 3885) / 11317 = 0.34

* 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.

General Dynamics Corp Annual Data

 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Total Equity 9,827 11,768 10,053 12,423 13,316 13,232 11,390 14,501 11,829 10,738

General Dynamics Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Total Equity 13,119 13,010 11,829 11,520 11,276 10,734 10,738 10,582 10,995 11,317
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