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GuruFocus has detected 2 Warning Signs with Radian Group Inc \$RDN.
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Total Equity
\$2,872 Mil (As of Dec. 2016)

Radian Group Inc's total equity for the quarter that ended in Dec. 2016 was \$2,872 Mil.

Total equity is used to calculate book value per share. Radian Group Inc's book value per share for the quarter that ended in Dec. 2016 was \$13.39. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Radian Group Inc's debt to equity ratio for the quarter that ended in Dec. 2016 was 0.37.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Radian Group Inc's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 5863.174 - 2990.888 = 2,872

Radian Group Inc's Total Equity for the quarter that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Dec. 2016 ) - Total Liabilities(Q: Dec. 2016 ) = 5863.174 - 2990.888 = 2,872

* 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.

Radian Group Inc's Book Value Per Share for the quarter that ended in Dec. 2016 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (2872.286 - 0) / 214.52 = 13.39

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

Radian Group Inc's Debt to Equity Ratio for the quarter that ended in Dec. 2016 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (0 + 1069.537) / 2872.286 = 0.37

* 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.