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GuruFocus has detected 4 Warning Signs with McCormick & Co Inc $MKC.
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McCormick & Co Inc (NYSE:MKC)
Total Equity
$1,627 Mil (As of Nov. 2016)

McCormick & Co Inc's total equity for the quarter that ended in Nov. 2016 was $1,627 Mil.

Total equity is used to calculate book value per share. McCormick & Co Inc's book value per share for the quarter that ended in Nov. 2016 was $12.98. The ratio of a company’s debt over equity can be used to measure how leveraged this company is. McCormick & Co Inc's debt to equity ratio for the quarter that ended in Nov. 2016 was 0.89.


Definition

Total Equity refers to the net assets owned by shareholders.

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

McCormick & Co Inc's Total Equity for the fiscal year that ended in Nov. 2016 is calculated as

Total Equity=Total Assets(Q: Nov. 2016 )-Total Liabilities(Q: Nov. 2016 )
=4635.9-3009.3
=1,627

McCormick & Co Inc's Total Equity for the quarter that ended in Nov. 2016 is calculated as

Total Equity=Total Assets(Q: Nov. 2016 )-Total Liabilities(Q: Nov. 2016 )
=4635.9-3009.3
=1,627

* 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.

McCormick & Co Inc's Book Value Per Share for the quarter that ended in Nov. 2016 is

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

McCormick & Co Inc's Debt to Equity Ratio for the quarter that ended in Nov. 2016 is

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity
=(393.2 + 1054) / 1626.6
=0.89

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.


Related Terms

Total Assets, Total Liabilities, Preferred Stock, Common Stock, Retained Earnings, Treasury Stock, Book Value per Share, Total Shares Outstanding, Current Portion of Long-Term Debt, Long-Term Debt, Additional Paid-In Capital


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

McCormick & Co Inc Annual Data

Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15Nov16
Total Equity 1,0851,0551,3351,4541,6021,6831,9331,7921,6701,627

McCormick & Co Inc Quarterly Data

Aug14Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16
Total Equity 1,9531,7921,6841,7151,7451,6701,7101,7571,7571,627
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