Switch to:
GuruFocus has detected 3 Warning Signs with Red Hat Inc \$RHT.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
Red Hat Inc (NYSE:RHT)
Total Equity
\$1,247 Mil (As of Feb. 2017)

Red Hat Inc's total equity for the quarter that ended in Feb. 2017 was \$1,247 Mil.

Total equity is used to calculate book value per share. Red Hat Inc's book value per share for the quarter that ended in Feb. 2017 was \$7.05. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Red Hat Inc's debt to equity ratio for the quarter that ended in Feb. 2017 was 0.60.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Red Hat Inc'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 ) = 4535.185 - 3287.865 = 1,247

Red Hat Inc'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 ) = 4535.185 - 3287.865 = 1,247

* 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.

Red Hat Inc'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 = (1247.32 - 0) / 176.90 = 7.05

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

Red Hat Inc'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 = (0 + 745.633) / 1247.32 = 0.60

* 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.

Red Hat Inc Annual Data

 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Total Equity 951 1,106 1,111 1,291 1,399 1,520 1,551 1,288 1,334 1,247

Red Hat Inc Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 Total Equity 1,234 1,288 1,349 1,368 1,345 1,334 1,349 1,318 1,272 1,247
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)