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Fortitude Group (Fortitude Group) Equity-to-Asset : -2.66 (As of Sep. 2010)


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What is Fortitude Group Equity-to-Asset?

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Fortitude Group's Total Stockholders Equity for the quarter that ended in Sep. 2010 was $-0.60 Mil. Fortitude Group's Total Assets for the quarter that ended in Sep. 2010 was $0.23 Mil.

The historical rank and industry rank for Fortitude Group's Equity-to-Asset or its related term are showing as below:

FRTD's Equity-to-Asset is not ranked *
in the Asset Management industry.
Industry Median: 0.83
* Ranked among companies with meaningful Equity-to-Asset only.

Fortitude Group Equity-to-Asset Historical Data

The historical data trend for Fortitude Group's Equity-to-Asset 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.

* Premium members only.

Fortitude Group Equity-to-Asset Chart

Fortitude Group Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Equity-to-Asset
Get a 7-Day Free Trial Premium Member Only Premium Member Only -12.23 -4.74 -4.84 -0.06 0.22

Fortitude Group Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.35 0.22 0.18 -7.29 -2.66

Competitive Comparison of Fortitude Group's Equity-to-Asset

For the Asset Management subindustry, Fortitude Group's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Fortitude Group's Equity-to-Asset Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Fortitude Group's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Fortitude Group's Equity-to-Asset falls into.



Fortitude Group Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

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

Equity to Asset (A: Dec. 2009 )=Total Stockholders Equity/Total Assets
=0.234/1.056
=

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

Equity to Asset (Q: Sep. 2010 )=Total Stockholders Equity/Total Assets
=-0.601/0.226
=

* 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.


Fortitude Group  (OTCPK:FRTD) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Fortitude Group Equity-to-Asset Related Terms

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Fortitude Group (Fortitude Group) Business Description

Traded in Other Exchanges
N/A
Address
1001 State Street, Erie, PA, USA, 16501
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.

Fortitude Group (Fortitude Group) Headlines

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