FLSS (Forbes Energy Services) Asset Impairment Charge: $ Mil (TTM As of Mar. 2020)

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FLSS Forbes Energy Services Ltd FLSS
16 GF Score
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What is Forbes Energy Services Asset Impairment Charge?

Forbes Energy Services FLSS -90.00% 16 Asset Impairment Charge is $ Mil as of Mar. 2020. GuruFocus rates FLSS with a GF Score™ of 16/100.

Forbes Energy Services's Asset Impairment Charge for the three months ended in Mar. 2020 was $ Mil. Its Asset Impairment Charge for the trailing twelve months (TTM) ended in Mar. 2020 was $ Mil.

Forbes Energy Services Asset Impairment Charge Related Terms

Forbes Energy Services Asset Impairment Charge Historical Data

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The historical data trend for Forbes Energy Services's Asset Impairment Charge 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.

Forbes Energy Services Asset Impairment Charge Chart

Forbes Energy Services Annual Data
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Forbes Energy Services Quarterly Data
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FLSS
16GF Score
Forbes Energy Services Ltd FLSS
Asset Impairment Charge is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbes Energy Services Asset Impairment Charge Calculation

Asset Impairment Charge is the charge against earnings resulting from the aggregate write down of all assets from their carrying value to their fair value.

Asset Impairment Charge for the trailing twelve months (TTM) ended in Mar. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $ Mil.

What does a Asset Impairment Charge of $ Mil mean?
Forbes Energy Services (FLSS) has a Asset Impairment Charge of $ Mil as of Mar. 2020.
Is Forbes Energy Services' Asset Impairment Charge too high?
Forbes Energy Services' current Asset Impairment Charge is $ Mil. Overall, Forbes Energy Services has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forbes Energy Services' Asset Impairment Charge compare to CRRTQ and HOSSQ?
Forbes Energy Services' Asset Impairment Charge of $ Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Asset Impairment Charge for an Oil & Gas company?
A good Asset Impairment Charge depends on the Oil & Gas industry context. However, Asset Impairment Charge should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Asset Impairment Charge mean?
A high Asset Impairment Charge can signal that a stock is expensive relative to its fundamentals. Forbes Energy Services's current Asset Impairment Charge is $ Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes Energy Services stock overvalued right now?
Forbes Energy Services (FLSS) has a current Asset Impairment Charge of $ Mil. The current Asset Impairment Charge is $ Mil. Forbes Energy Services' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Asset Impairment Charge calculated?
Asset Impairment Charge is calculated from a company's financial statements. For Forbes Energy Services (FLSS), the current Asset Impairment Charge is $ Mil as of Mar. 2020. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forbes Energy Services Business Description

Industry EnergyOil & Gas
Address 3000 South Business Highway 281, Alice, TX, USA, 78332
Forbes Energy Services Ltd operates as an oilfield services contractor that provides a wide range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. The company operates in three business segments namely Well Servicing which is the key revenue driver, Coiled Tubing, and Fluid Logistics. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Geographically, it operates in South, East, Central, and West Texas.
16GF Score

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Asset Impairment Charge is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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