Fortitude Group (Fortitude Group) Accumulated Depreciation : $-0.10 Mil (As of Sep. 2010)

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What is Fortitude Group Accumulated Depreciation?

Note: A negative number here means the assets are depreciated. When depricates more, the absolute value gets bigger.

Fortitude Group's quarterly accumulated depreciation increased from Mar. 2010 ($-0.09 Mil) to Jun. 2010 ($-0.10 Mil) and increased from Jun. 2010 ($-0.10 Mil) to Sep. 2010 ($-0.10 Mil).

Fortitude Group's annual accumulated depreciation increased from Dec. 2007 ($0.00 Mil) to Dec. 2008 ($-0.06 Mil) and increased from Dec. 2008 ($-0.06 Mil) to Dec. 2009 ($-0.08 Mil).

Fortitude Group Accumulated Depreciation Historical Data

The historical data trend for Fortitude Group's Accumulated Depreciation can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Fortitude Group Accumulated Depreciation Chart

Fortitude Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Accumulated Depreciation

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-0.02

-0.03

-0.06

-0.08

Fortitude Group Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Accumulated Depreciation	Get a 7-Day Free Trial															-	-0.08	-0.09	-0.10	-0.10

Fortitude Group Accumulated Depreciation Calculation

The cumulative depreciation of an asset up to a single point in its life. Regardless of the method used to calculate it, the depreciation of an asset during a single period is added to the previous period's accumulated depreciation to get the current accumulated depreciation.

Fortitude Group Accumulated Depreciation Related Terms

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Fortitude Group (Fortitude Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Fortitude Group Inc (OTCPK:FRTD) » Definitions » Accumulated Depreciation

Comparable Companies

Traded in Other Exchanges

N/A

Address

1001 State Street, Erie, PA, USA, 16501

Website

http://www.fortitudegroupinc.com

Fortitude Group Inc is a diversified investment company. It invests in multiple sectors of the economy targeting joint ventures, wholly owned subsidiaries and or majority/minority positions that cross various market segments with the goal of creating a quality company that builds intrinsic value for its shareholders.

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