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McCormick & Co Inc (NYSE:MKC)
Total Equity
$1,710 Mil (As of Feb. 2016)

McCormick & Co Inc's total equity for the quarter that ended in Feb. 2016 was $1,710 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 Feb. 2016 was $13.47. 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 Feb. 2016 was 0.85.


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. 2015 is calculated as

Total Equity=Total Assets(Q: Feb. 2016 )-Total Liabilities(Q: Feb. 2016 )
=4507.8-2837.6
=1,670

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

Total Equity=Total Assets(Q: Feb. 2016 )-Total Liabilities(Q: Feb. 2016 )
=4400.1-2689.9
=1,710

* 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.

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

Debt to Equity=Total Debt / Total Equity
=(Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity
=(390.2 + 1056.3) / 1710.2
=0.85

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

McCormick & Co Inc Annual Data

Nov06Nov07Nov08Nov09Nov10Nov11Nov12Nov13Nov14Nov15
Total Equity 9331,0851,0551,3351,4541,6021,6831,9331,7921,670

McCormick & Co Inc Quarterly Data

Nov13Feb14May14Aug14Nov14Feb15May15Aug15Nov15Feb16
Total Equity 1,9331,9721,9621,9531,7921,6841,7151,7451,6701,710
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