Switch to:
GuruFocus has detected 4 Warning Signs with T. Rowe Price Group Inc \$TROW.
More than 500,000 people have already joined GuruFocus to track the stocks they follow and exchange investment ideas.
T. Rowe Price Group Inc (NAS:TROW)
Total Equity
\$5,009 Mil (As of Dec. 2016)

T. Rowe Price Group Inc's total equity for the quarter that ended in Dec. 2016 was \$5,009 Mil.

Total equity is used to calculate book value per share. T. Rowe Price Group Inc's book value per share for the quarter that ended in Dec. 2016 was \$20.46. The ratio of a companys debt over equity can be used to measure how leveraged this company is. T. Rowe Price Group Inc's debt to equity ratio for the quarter that ended in Dec. 2016 was 0.00.

Definition

Total Equity refers to the net assets owned by shareholders.

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

T. Rowe Price 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 ) = 6225 - 1216.4 = 5,009

T. Rowe Price 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 ) = 6225 - 1216.4 = 5,009

* 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.

T. Rowe Price 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 = (5008.6 - 0) / 244.78 = 20.46

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

T. Rowe Price 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 + 0) / 5008.6 = 0.00

* 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.

T. Rowe Price Group Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 2,777 2,489 2,882 3,297 3,421 3,846 4,818 5,395 4,762 5,009

T. Rowe Price Group Inc Quarterly Data

 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Total Equity 5,228 5,395 5,002 4,967 4,674 4,762 4,764 4,861 4,834 5,009
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)