Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forum Mobile's Total Stockholders Equity for the quarter that ended in Jun. 2006 was $-8.31 Mil. Forum Mobile's Total Assets for the quarter that ended in Jun. 2006 was $13.50 Mil.
Therefore, Forum Mobile's Equity to Asset Ratio for the quarter that ended in Jun. 2006 was -0.62.
The historical rank and industry rank for Forum Mobile's Equity-to-Asset or its related term are showing as below:
FRMB's Equity-to-Asset is not ranked *
in the Telecommunication Services industry.
Industry Median: 0.4 * Ranked among companies with meaningful Equity-to-Asset only.
Forum Mobile (OTCPK:FRMB) Equity-to-Asset Explanation
Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.
For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.
Forum Mobile Equity-to-Asset Related Terms
Forum Mobile Equity-to-Asset Historical Data
* Premium members only.
The historical data trend for Forum Mobile's Equity-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.
FRMB vs DIRV, FULO, TOWTF: Equity-to-Asset Comparison
For the Telecom Services subindustry, Forum Mobile's Equity-to-Asset, along with its competitors' market caps and Equity-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 Equity-to-Asset vs Telecommunication Services Industry
For the Telecommunication Services industry and Communication Services sector, Forum Mobile's Equity-to-Asset distribution charts can be found below:
* The bar in red indicates where Forum Mobile's Equity-to-Asset falls into.
Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.
Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.
Forum Mobile's Equity to Asset Ratio for the fiscal year that ended in Dec. 2005 is calculated as
* 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 (FRMB) has a Equity-to-Asset of -0.62 as of Jun. 2006. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Forum Mobile and its competitors.
Is Forum Mobile's Equity-to-Asset too high?
Forum Mobile's current Equity-to-Asset is -0.62.
How does Forum Mobile's Equity-to-Asset compare to DIRV and FULO?
Forum Mobile's Equity-to-Asset of -0.62 can be compared against companies in the Telecommunication Services industry. The industry median Equity-to-Asset is 0.40. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Telecommunication Services company?
The median Equity-to-Asset among Telecommunication Services companies is 0.40, based on 367 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-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 Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Forum Mobile and its competitors. For the Telecommunication Services industry, the median Equity-to-Asset is 0.40 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forum Mobile's current Equity-to-Asset is -0.62. 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 Equity-to-Asset of -0.62. The current Equity-to-Asset is -0.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Forum Mobile (FRMB), the current Equity-to-Asset is -0.62 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 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.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
FRMB has been successfully added to your 
