FRMO (FRMO) Total Equity : $94.05 Mil (As of May. 2014)

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What is FRMO Total Equity?

FRMO's total equity for the quarter that ended in May. 2014 was $94.05 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.

FRMO Total Equity Historical Data

The historical data trend for FRMO'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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FRMO Total Equity Chart

FRMO Annual Data

Trend

Feb00

Feb01

Feb02

Feb03

Feb04

May12

May13

May14

Total Equity

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0.19

0.86

54.26

83.37

94.05

FRMO Semi-Annual Data
	Feb00	Feb01	Feb02	Feb03	Feb04	May12	May13	May14
Total Equity	Get a 7-Day Free Trial			0.19	0.86	54.26	83.37	94.05

FRMO Total Equity Calculation

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

FRMO's Total Equity for the fiscal year that ended in May. 2014 is calculated as

Total Equity	=	Total Assets(Q: May. 2014 )	-	Total Liabilities(Q: May. 2014 )
	=	110.445	-	16.393
	=	94.05

FRMO's Total Equity for the quarter that ended in May. 2014 is calculated as

Total Equity	=	Total Assets(Q: May. 2014 )	-	Total Liabilities(Q: May. 2014 )
	=	110.445	-	16.393
	=	94.05

FRMO Total Equity Related Terms

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FRMO Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » FRMO Corp (OTCPK:FRMO) » Definitions » Total Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 North Lexington Avenue, Suite 12C, White Plains, NY, USA, 10601

Website

https://www.frmocorp.com

FRMO Corp is an intellectual capital firm identifying and managing investment strategies and business opportunities.

Executives

Steven Bregman	director, 10 percent owner, officer: President	HORIZON KINETICS LLC, 470 PARK AVENUE SOUTH, 4TH FLOOR SOUTH, NEW YORK NY 10016
Santa Monica Partners Lp	director	1865 PALMER AVENUE, LARCHMONT NY 10538
Lawrence J Goldstein	director	1865 PALMER AVE 108, LARCHMONT NY 10538
Jay P Hirschson	director	747 GREENWICH ST, SUITE 400, NEW YORK NY 10014
Murray Stahl	director, 10 percent owner, officer: CEO	C/O HORIZON KINETICS LLC, 470 PARK AVE S 8TH FL S, NEW YORK NY 10016
Peter Doyle	director, 10 percent owner, officer: Vice President, other: Secretary	470 PARK AVENUE SOUTH, 8TH FLOOR, NEW YORK NY 10016
Lester J Tanner	director, officer: Secretary	100 PARK AVENUE SUITE 3302, NEW YORK NY 10017
Allan Kornfeld	director	123 WILD DUNES WAY, JACKSON NJ 08527