Fortitude Group (Fortitude Group) Total Equity : $-0.60 Mil (As of Sep. 2010)

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What is Fortitude Group Total Equity?

Fortitude Group's total equity for the quarter that ended in Sep. 2010 was $-0.60 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Fortitude Group Total Equity Historical Data

The historical data trend for Fortitude Group's Total Equity 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 Total Equity Chart

Fortitude Group Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

Dec06

Dec07

Dec08

Dec09

Total Equity

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-1.15

-0.95

-1.12

-0.07

0.23

Fortitude Group Quarterly Data
	Dec05	Mar06	Jun06	Sep06	Dec06	Mar07	Jun07	Sep07	Dec07	Mar08	Jun08	Sep08	Dec08	Mar09	Jun09	Sep09	Dec09	Mar10	Jun10	Sep10
Total Equity	Get a 7-Day Free Trial															0.39	0.23	0.19	-0.68	-0.60

Fortitude Group Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Fortitude Group's Total Equity for the fiscal year that ended in Dec. 2009 is calculated as

Total Equity	=	Total Assets(Q: Dec. 2009 )	-	Total Liabilities(Q: Dec. 2009 )
	=	1.056	-	0.822
	=	0.23

Fortitude Group's Total Equity for the quarter that ended in Sep. 2010 is calculated as

Total Equity	=	Total Assets(Q: Sep. 2010 )	-	Total Liabilities(Q: Sep. 2010 )
	=	0.226	-	0.827
	=	-0.60

Fortitude Group Total Equity 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 » Total Equity

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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