RE:RE:Where is Wellgreen going
Your correct,
I mistaken the deficit for debit,
Total Assets - Total Liabilities = Shareholder Equity
As a measure, shareholder equity reveals what the owners of a company (stockholders) would be left with if all assets were sold and all debts were paid. In the case of negative shareholder equity, the owners theoretically would owe money, although the structure of publicly traded corporations prevents common stockholders from facing actual liability.