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Lorillard Inc (NYSE:LO)
Total Equity
\$-2,134 Mil (As of Mar. 2015)

Lorillard Inc's total equity for the quarter that ended in Mar. 2015 was \$-2,134 Mil.

Total equity is used to calculate book value per share. Lorillard Inc's book value per share for the quarter that ended in Mar. 2015 was \$-5.92. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Lorillard Inc's debt to equity ratio for the quarter that ended in Mar. 2015 was -1.67.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Lorillard Inc's Total Equity for the fiscal year that ended in Dec. 2014 is calculated as

 Total Equity = Total Assets(Q: Mar. 2015 ) - Total Liabilities(Q: Mar. 2015 ) = 3508 - 5690 = -2,182

Lorillard Inc's Total Equity for the quarter that ended in Mar. 2015 is calculated as

 Total Equity = Total Assets(Q: Mar. 2015 ) - Total Liabilities(Q: Mar. 2015 ) = 4154 - 6288 = -2,134

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Explanation

1. Total equity is used to calculate book value per share.

Lorillard Inc's Book Value Per Share for the quarter that ended in Mar. 2015 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (-2134 - 0) / 360.33 = -5.92

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

Lorillard Inc's Debt to Equity Ratio for the quarter that ended in Mar. 2015 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 3567) / -2134 = -1.67

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Related Terms

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Lorillard Inc Annual Data

 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Total Equity 1,340 1,295 1,013 631 87 -225 -1,513 -1,777 -2,064 -2,182

Lorillard Inc Quarterly Data

 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Total Equity -1,777 -1,796 -1,855 -2,042 -2,064 -2,161 -2,228 -2,155 -2,182 -2,134
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