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FRMB (Forum Mobile) Equity-to-Asset : -0.62 (As of Jun. 2006)


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What is Forum Mobile Equity-to-Asset?

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: 0.41
* Ranked among companies with meaningful Equity-to-Asset only.

Forum Mobile Equity-to-Asset Historical Data

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.

* Premium members only.

Forum Mobile Equity-to-Asset Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Equity-to-Asset
Get a 7-Day Free Trial -0.08 -1.65 - -7.06 0.12

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Equity-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 0.13 0.22 0.12 0.11 -0.62

Competitive Comparison of Forum Mobile's Equity-to-Asset

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's Equity-to-Asset Distribution in the 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.



Forum Mobile Equity-to-Asset Calculation

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

Equity to Asset (A: Dec. 2005 )=Total Stockholders Equity/Total Assets
=3.044/25.252
=0.12

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

Equity to Asset (Q: Jun. 2006 )=Total Stockholders Equity/Total Assets
=-8.305/13.502
=-0.62

* 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  (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

Thank you for viewing the detailed overview of Forum Mobile's Equity-to-Asset provided by GuruFocus.com. Please click on the following links to see related term pages.


Forum Mobile Business Description

Traded in Other Exchanges
N/A
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 complimentary fields such as private banking, business development and consulting and provides hosting and trading platforms. Geographically the business activities are operated through United States.

Forum Mobile Headlines

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