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1586 terms

Glossary

Every term is defined twice: once the way a filing would put it, and once the way somebody would explain it to you across a table. The second one is usually the one that sticks.

Showing 1 term

Equity attributable to owners of the parent

Accounting

The subtotal of consolidated equity belonging to the parent’s shareholders, before non-controlling interests are added to arrive at total equity.

In plain terms

The right denominator for book value per share, and for a return on equity whose numerator is profit attributable to owners. Mixing the two levels gives the flattering answer wherever the non-controlling share of profit is positive, and the pessimistic one where the partly owned subsidiary is losing money.

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Indian stock market glossary · Market Vidyalaya