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Toro Co (NYSE:TTC)
Total Equity
\$513 Mil (As of Jan. 2017)

Toro Co's total equity for the quarter that ended in Jan. 2017 was \$513 Mil.

Total equity is used to calculate book value per share. Toro Co's book value per share for the quarter that ended in Jan. 2017 was \$4.74. The ratio of a companys debt over equity can be used to measure how leveraged this company is. Toro Co's debt to equity ratio for the quarter that ended in Jan. 2017 was 0.66.

Definition

Total Equity refers to the net assets owned by shareholders.

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

Toro Co's Total Equity for the fiscal year that ended in Oct. 2016 is calculated as

 Total Equity = Total Assets(Q: Jan. 2017 ) - Total Liabilities(Q: Jan. 2017 ) = 1387.518 - 837.483 = 550

Toro Co's Total Equity for the quarter that ended in Jan. 2017 is calculated as

 Total Equity = Total Assets(Q: Jan. 2017 ) - Total Liabilities(Q: Jan. 2017 ) = 1402.913 - 889.877 = 513

* 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.

Toro Co's Book Value Per Share for the quarter that ended in Jan. 2017 is

 Book Value per Share = (Total Shareholders Equity - Preferred Stock) / Total Shares Outstanding = (513.036 - 0) / 108.21 = 4.74

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

Toro Co's Debt to Equity Ratio for the quarter that ended in Jan. 2017 is

 Debt to Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt) / Total Equity = (22.96 + 315.314) / 513.036 = 0.66

* 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.

Toro Co Annual Data

 Oct07 Oct08 Oct09 Oct10 Oct11 Oct12 Oct13 Oct14 Oct15 Oct16 Total Equity 370 365 315 276 267 312 359 409 462 550

Toro Co Quarterly Data

 Oct14 Jan15 Apr15 Jul15 Oct15 Jan16 Apr16 Jul16 Oct16 Jan17 Total Equity 409 414 463 465 462 460 563 578 550 513
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