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China Information Technology Inc  (NAS:CNIT) Total Equity: \$3.90 Mil (As of Jun. 2017)

China Information Technology Inc's total equity for the quarter that ended in Jun. 2017 was \$3.90 Mil.

Total equity is used to calculate Book Value per Share. China Information Technology Inc's Book Value per Share for the quarter that ended in Jun. 2017 was \$0.10. The ratio of a company's debt over equity can be used to measure how leveraged this company is. China Information Technology Inc's Debt-to-Equity for the quarter that ended in Jun. 2017 was 1.74.

Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

China Information Technology Inc Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Equity 142.68 37.35 19.51 20.69 3.71

China Information Technology Inc Semi-Annual Data

 Dec07 Jun08 Dec08 Jun09 Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Total Equity 20.28 20.69 14.20 3.71 3.90

Calculation

Total Equity refers to the net assets owned by shareholders.

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

China Information Technology Inc's Total Equity for the fiscal year that ended in Dec. 2016 is calculated as

 Total Equity = Total Assets(Q: Jun. 2017 ) - Total Liabilities(Q: Jun. 2017 ) = 34.287/td> - 30.579 = 3.71

China Information Technology Inc's Total Equity for the quarter that ended in Jun. 2017 is calculated as

 Total Equity = Total Assets(Q: Jun. 2017 ) - Total Liabilities(Q: Jun. 2017 ) = 32.808 - 28.909 = 3.90

* 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.

China Information Technology Inc's Book Value per Share for the quarter that ended in Jun. 2017 is

 Book Value per Share = (Total Equity - Preferred Stock) / Shares Outstanding (Diluted Average) = (3.899 - 0) / 40.23 = 0.10

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

China Information Technology Inc's Debt-to-Equity for the quarter that ended in Jun. 2017 is

 Debt-to-Equity = Total Debt / Total Equity = (Current Portion of Long-Term Debt + Long-Term Debt & Capital Lease Obligation) / Total Equity = (6.791 + 0) / 3.899 = 1.74

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

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