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Sothebys  (NYSE:BID) Total Liabilities: \$2,297.4 Mil (As of Jun. 2017)

Sothebys's total liabilities for the quarter that ended in Jun. 2017 was \$2,297.4 Mil.

Sothebys's quarterly total liabilities declined from Dec. 2016 (\$1,999.01 Mil) to Mar. 2017 (\$1,926.80 Mil) but then increased from Mar. 2017 (\$1,926.80 Mil) to Jun. 2017 (\$2,297.42 Mil).

Sothebys's annual total liabilities increased from Dec. 2014 (\$2,257.12 Mil) to Dec. 2015 (\$2,456.89 Mil) but then declined from Dec. 2015 (\$2,456.89 Mil) to Dec. 2016 (\$1,999.01 Mil).

Historical Data

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

* Premium members only.

Sothebys Annual Data

 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Total Liabilities 1,582.27 1,754.23 2,257.12 2,456.89 1,999.01

Sothebys Quarterly Data

 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Total Liabilities 2,238.41 1,842.72 1,999.01 1,926.80 2,297.42

Calculation

Total liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Sothebys's Total Liabilities for the fiscal year that ended in Dec. 2016 is calculated as

 Total Liabilities = Total Current Liabilities + Total Long Term Liabilities = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Other Long Term Assets = 742.975 + (1163.941 + 55.766 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 36.142 + 0 + 0.184) = 1,999.0

 Total Liabilities = Total Assets (A: Dec. 2016 ) - Total Equity (A: Dec. 2016 ) = 2504.426 - 505.418 = 1,999.0

Sothebys's Total Liabilities for the quarter that ended in Jun. 2017 is calculated as

 Total Liabilities = Total Current Liabilities + (Total Long Term Liabilities) = Total Current Liabilities + (Long-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation = 1120.001 + (1095.262 + 45.695 + NonCurrentDeferredLiabilities + PensionAndRetirementBenefit + Minority Interest) + 36.277 + 0 + 0.187) = 2,297.4

 Total Liabilities = Total Assets (Q: Jun. 2017 ) - Total Equity (Q: Jun. 2017 ) = 2840.378 - 542.956 = 2,297.4

* 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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