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Rite Aid Corp (NYSE:RAD)
Total Equity
$614 Mil (As of Feb. 2017)

Rite Aid Corp's total equity for the quarter that ended in Feb. 2017 was $614 Mil.

Total equity is used to calculate book value per share. Rite Aid Corp's book value per share for the quarter that ended in Feb. 2017 was $0.58. The ratio of a company’s debt over equity can be used to measure how leveraged this company is. Rite Aid Corp's debt to equity ratio for the quarter that ended in Feb. 2017 was 11.93.


Definition

Total Equity refers to the net assets owned by shareholders.

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

Rite Aid Corp'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 )
=11593.752-10979.682
=614

Rite Aid Corp'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 )
=11593.752-10979.682
=614

* 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.

Rite Aid Corp's Book Value Per Share for the quarter that ended in Feb. 2017 is

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

Rite Aid Corp'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
=(21.335 + 7307.358) / 614.07
=11.93

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


Related Terms

Total Assets, Total Liabilities, Preferred Stock, Common Stock, Retained Earnings, Treasury Stock, Book Value per Share, Total Shares Outstanding, Current Portion of Long-Term Debt, Long-Term Debt, Additional Paid-In Capital


Historical Data

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

Rite Aid Corp Annual Data

Feb08Feb09Feb10Feb11Feb12Feb13Feb14Feb15Feb16Feb17
Total Equity 1,711-1,200-1,674-2,211-2,587-2,459-2,11457581614

Rite Aid Corp Quarterly Data

Nov14Feb15May15Aug15Nov15Feb16May16Aug16Nov16Feb17
Total Equity -1,79357153430501581592617646614
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