I’m starting to dig more into financials, but I don’t quite understand this section of the balance sheet yet.
I do understand total equity = assets - liabilities.
I don’t understand how all the other reported quantities in the equity section add up to total equity. For a company like AAPL, this section is really simple. Common stock + retained earnings = total equity.
For a company like GE, I’m pretty lost. I pulled this from the WeBull app on iOS.
GE annual balance sheet from 2017
Common stock $702M
APIC 0
Retained earnings $125.68B
Treasury stock -$84.9B
Total equity $64.26B
I don’t see how you get $64.26B from those numbers. Could someone explain what’s going on here? I did some research, but I’m still not quite connecting the dots.
Submitted April 07, 2018 at 10:53AM by youbetterdont https://ift.tt/2GDWkSB
