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Meredith Corp (NYSE:MDP)
Total Equity
\$889 Mil (As of Jun. 2016)

Meredith Corp's total equity for the quarter that ended in Jun. 2016 was \$889 Mil.

Total equity is used to calculate book value per share. Meredith Corp's book value per share for the quarter that ended in Jun. 2016 was \$19.95. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Meredith Corp's debt to equity ratio for the quarter that ended in Jun. 2016 was 0.78.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Meredith Corp's Total Equity for the fiscal year that ended in Jun. 2016 is calculated as

 Total Equity = Total Assets(Q: Jun. 2016 ) - Total Liabilities(Q: Jun. 2016 ) = 2628.285 - 1739.242 = 889

Meredith Corp's Total Equity for the quarter that ended in Jun. 2016 is calculated as

 Total Equity = Total Assets(Q: Jun. 2016 ) - Total Liabilities(Q: Jun. 2016 ) = 2628.285 - 1739.242 = 889

* 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.

Meredith Corp's Book Value Per Share for the quarter that ended in Jun. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (889.043 - 0) / 44.56 = 19.95

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

Meredith Corp's Debt to Equity Ratio for the quarter that ended in Jun. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (75 + 620) / 889.043 = 0.78

* 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.

Meredith Corp Annual Data

 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Jun15 Jun16 Total Equity 833 788 609 688 775 797 854 892 952 889

Meredith Corp Quarterly Data

 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Total Equity 892 901 923 930 952 946 964 1,017 889 904
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