Equity
Assets minus liabilities — the part of the company that genuinely belongs to its owners.
Equity is made up of share capital, the statutory reserve, retained earnings from previous periods and the current year's result.
Negative equity means liabilities exceed assets. Lithuanian company law requires that if a private limited company's net assets fall below half its share capital, or below the statutory minimum, the shareholders must decide on increasing capital, dissolving the company or another measure. It is one of the few things in a public report with a direct legal consequence.
In a profitable year equity grows by the net profit if nothing is distributed; in a loss-making year it shrinks.
Equity in figures
Values from published annual reports. 164,116 companies could be ranked — a company that did not report this figure is not in the list.
- 1UAB "Thermo Fisher Scientific Vector Holdings"€4,583,652,098
- 2UAB "Thermo Fisher Scientific Vector Senior Holdings I"€4,583,650,883
- 3UAB "Thermo Fisher Scientific Vector Senior Holdings II"€2,753,236,380
- 4Uždaroji akcinė bendrovė "Vilniaus prekyba"€2,164,868,000
- 5AB "Ignitis grupė"€1,812,955,000
Where this figure comes from
Read from the “Total equity” line of the balance sheet in the annual report.
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