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GuruFocus has detected 3 Warning Signs with Steelcase Inc \$SCS.
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Steelcase Inc (NYSE:SCS)
Total Equity
\$767 Mil (As of Feb. 2017)

Steelcase Inc's total equity for the quarter that ended in Feb. 2017 was \$767 Mil.

Total equity is used to calculate book value per share. Steelcase Inc's book value per share for the quarter that ended in Feb. 2017 was \$6.53. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Steelcase Inc's debt to equity ratio for the quarter that ended in Feb. 2017 was 0.39.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Steelcase 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 ) = 1792 - 1025.5 = 767

Steelcase 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 ) = 1792 - 1025.5 = 767

* 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.

Steelcase 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 = (766.5 - 0) / 117.32 = 6.53

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

Steelcase 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 = (2.8 + 294.6) / 766.5 = 0.39

* 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.

Steelcase Inc Annual Data

 Feb08 Feb09 Feb10 Feb11 Feb12 Feb13 Feb14 Feb15 Feb16 Feb17 Total Equity 911 733 698 718 687 -4 677 664 737 767

Steelcase Inc Quarterly Data

 Nov14 Feb15 May15 Aug15 Nov15 Feb16 May16 Aug16 Nov16 Feb17 Total Equity 667 664 664 689 707 737 735 748 744 767
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