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CEMJQ Multi-Millionaire

11/13/09 4:02 PM

#47647 RE: Tool_power #47646

A=L+OE

All's Good
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slaternation

11/13/09 4:05 PM

#47650 RE: Tool_power #47646

It is the proof from the company that assets are greater than liabilities. Shareholder equity is the amount of money left over if the company were to liquidate and get rid of all it’s assets. It’s also known as book value. As WS stated earlier the simple math puts the book value at $1.47 per share.

$357M divided by 243M outstanding shares
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g2nec

11/13/09 4:06 PM

#47651 RE: Tool_power #47646

Supposed to balance
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wunderschatz

11/13/09 5:00 PM

#47660 RE: Tool_power #47646

Accounting 101