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Rite Aid Corp (NYSE:RAD)
Total Equity
\$614 Mil (As of Feb. 2017)

Rite Aid Corp's total equity for the quarter that ended in Feb. 2017 was \$614 Mil.

Total equity is used to calculate book value per share. Rite Aid Corp's book value per share for the quarter that ended in Feb. 2017 was \$0.59. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Rite Aid Corp's debt to equity ratio for the quarter that ended in Feb. 2017 was 11.93.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Rite Aid Corp's Total Equity for the fiscal year that ended in Feb. 2017 is calculated as

 Total Equity = Total Assets(Q: Feb. 2017 ) - Total Liabilities(Q: Feb. 2017 ) = 11593.752 - 10979.682 = 614

Rite Aid Corp's Total Equity for the quarter that ended in Feb. 2017 is calculated as

 Total Equity = Total Assets(Q: Feb. 2017 ) - Total Liabilities(Q: Feb. 2017 ) = 11593.752 - 10979.682 = 614

* 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.

Rite Aid Corp's Book Value Per Share for the quarter that ended in Feb. 2017 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (614.07 - 0) / 1045.929 = 0.59

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

Rite Aid Corp's Debt to Equity Ratio for the quarter that ended in Feb. 2017 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (21.335 + 7307.358) / 614.07 = 11.93

* 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.

Rite Aid Corp Annual Data

 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Total Equity 1,711 -1,200 -1,674 -2,211 -2,587 -2,459 -2,114 57 581 614

Rite Aid Corp Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 Total Equity -1,793 57 153 430 501 581 592 617 646 614
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