FRMB (Forum Mobile) Debt-to-Asset : 0.93 (As of Jun. 2006)

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What is Forum Mobile Debt-to-Asset?

Forum Mobile FRMB -99.00% Debt-to-Asset is 0.93 as of Jun. 2006.

Forum Mobile's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2006 was $9.66 Mil. Forum Mobile's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2006 was $2.89 Mil. Forum Mobile's Long-Term Debt & Capital Lease ObligationTotal Assets for the quarter that ended in Jun. 2006 was $13.50 Mil. Forum Mobile's debt to asset for the quarter that ended in Jun. 2006 was 0.93.

Forum Mobile  (OTCPK:FRMB) Debt-to-Asset Explanation

In the calculation of Debt-to-Asset, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Assets.

Forum Mobile Debt-to-Asset Related Terms

Forum Mobile Debt-to-Asset Historical Data

* Premium members only.

The historical data trend for Forum Mobile's Debt-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.

Forum Mobile Debt-to-Asset Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Debt-to-Asset
Get a 7-Day Free Trial 0.27 1.02 0.00 1.45 0.53

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Debt-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 0.43 0.22 0.53 0.54 0.93

FRMB vs DIRV, FULO, TOWTF: Debt-to-Asset Comparison

For the Telecom Services subindustry, Forum Mobile's Debt-to-Asset, along with its competitors' market caps and Debt-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.

Forum Mobile Debt-to-Asset vs Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forum Mobile's Debt-to-Asset distribution charts can be found below:

* The bar in red indicates where Forum Mobile's Debt-to-Asset falls into.


Forum Mobile Debt-to-Asset Calculation

Debt to Asset measures the financial leverage a company has.

Forum Mobile's Debt-to-Asset for the fiscal year that ended in Dec. 2005 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(6.443 + 6.858) / 25.252
=0.53

Forum Mobile's Debt-to-Asset for the quarter that ended in Jun. 2006 is calculated as

Debt-to-Asset=Total Debt / Total Assets
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Assets
=(9.662 + 2.891) / 13.502
=0.93

* 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.

Frequently Asked Questions Learn more about Debt-to-Asset →
What does a Debt-to-Asset of 0.93 mean?
Forum Mobile (FRMB) has a Debt-to-Asset of 0.93 as of Jun. 2006. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Forum Mobile and its competitors.
Is Forum Mobile's Debt-to-Asset too high?
Forum Mobile's current Debt-to-Asset is 0.93.
How does Forum Mobile's Debt-to-Asset compare to DIRV and FULO?
Forum Mobile's Debt-to-Asset of 0.93 can be compared against companies in the Telecommunication Services industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Asset for a Telecommunication Services company?
A good Debt-to-Asset depends on the Telecommunication Services industry context. However, Debt-to-Asset 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 Debt-to-Asset mean?
A high Debt-to-Asset can signal that a stock is expensive relative to its fundamentals. Debt-to-asset ratio represents the ratio of total debt to total assets. View historical data on Forum Mobile and its competitors. Forum Mobile's current Debt-to-Asset is 0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forum Mobile stock overvalued right now?
Forum Mobile (FRMB) has a current Debt-to-Asset of 0.93. The current Debt-to-Asset is 0.93. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Asset calculated?
Debt-to-Asset is calculated from a company's financial statements. For Forum Mobile (FRMB), the current Debt-to-Asset is 0.93 as of Jun. 2006. 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.

Forum Mobile Business Description

Address 26 Broadway, 21st Floor, New York, NY, USA, 10004
Forum Mobile Inc is a global Mobile Virtual Network Enabler (MVNE) based in the USA. It specializes in MVNE, Mobile Services, Telecom, and cloud services. The company is active in a variety of complementary fields such as private banking, business development, and consulting, and provides hosting and trading platforms. Geographically the business activities are operated through the United States.