FRMB (Forum Mobile) Goodwill-to-Asset: 0.00 (As of Jun. 2006)

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What is Forum Mobile Goodwill-to-Asset?

Forum Mobile FRMB -99.00% Goodwill-to-Asset is 0.00 as of Jun. 2006.

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets. Forum Mobile's Goodwill for the quarter that ended in Jun. 2006 was $0.00 Mil. Forum Mobile's Total Assets for the quarter that ended in Jun. 2006 was $13.50 Mil. Therefore, Forum Mobile's Goodwill to Asset Ratio for the quarter that ended in Jun. 2006 was 0.00.


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

If the goodwill-to-asset ratio increases, it can mean that the company is recording a proportionately higher amount of goodwill, assuming total assets are remaining constant. It is generally good to see a company increasing its assets regularly; however, if these increases are coming from intangible assets, such as goodwill, the increases may not be as good.

Increases in the goodwill-to-asset ratio might suggest that a company has been aggressively acquiring other firms or has seen its tangible assets decrease in value. When a large portion of total assets are attributable to intangible assets (such as goodwill), the company may be at risk of having that portion of its asset base wiped out quickly if it must record any goodwill impairments. Decreases in the goodwill-to-assets ratio suggest that the company has either written down some goodwill or increased its tangible assets.

Asset needs vary from industry to industry. This is why comparing goodwill-to-assets ratios is generally most meaningful among companies within the same industry. By comparing a company's goodwill to assets ratio to those of other companies within the same industry, investors can get a feel for how a company is managing its goodwill.


Forum Mobile Goodwill-to-Asset Related Terms


Forum Mobile Goodwill-to-Asset Historical Data

* Premium members only.

The historical data trend for Forum Mobile's Goodwill-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 Goodwill-to-Asset Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Goodwill-to-Asset
Get a 7-Day Free Trial 0.27 0.00 0.00 0.00 0.10

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Goodwill-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 0.00 0.00 0.10 0.10 0.00

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

For the Telecom Services subindustry, Forum Mobile's Goodwill-to-Asset, along with its competitors' market caps and Goodwill-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 Goodwill-to-Asset vs Telecommunication Services Industry

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

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



Forum Mobile Goodwill-to-Asset Calculation

Goodwill to Asset ratio measures how much goodwill a company is recording compared to the total level of its assets.

It is calculated by dividing goodwill by total assets.

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

Goodwill to Asset (A: Dec. 2005 )=Goodwill/Total Assets
=2.388/25.252
=0.09

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

Goodwill to Asset (Q: Jun. 2006 )=Goodwill/Total Assets
=0/13.502
=0.00

* 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 Goodwill-to-Asset →
What does a Goodwill-to-Asset of 0.00 mean?
Forum Mobile (FRMB) has a Goodwill-to-Asset of 0.00 as of Jun. 2006. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Forum Mobile and its competitors.
Is Forum Mobile's Goodwill-to-Asset too high?
Forum Mobile's current Goodwill-to-Asset is 0.00.
How does Forum Mobile's Goodwill-to-Asset compare to DIRV and FULO?
Forum Mobile's Goodwill-to-Asset of 0.00 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 Goodwill-to-Asset for a Telecommunication Services company?
A good Goodwill-to-Asset depends on the Telecommunication Services industry context. However, Goodwill-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 Goodwill-to-Asset mean?
A high Goodwill-to-Asset can signal that a stock is expensive relative to its fundamentals. Goodwill-to-Asset Ratio is the total goodwill from acquisitions divided by total assets. View historical data on Forum Mobile and its competitors. Forum Mobile's current Goodwill-to-Asset is 0.00. 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 Goodwill-to-Asset of 0.00. The current Goodwill-to-Asset is 0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Goodwill-to-Asset calculated?
Goodwill-to-Asset is calculated from a company's financial statements. For Forum Mobile (FRMB), the current Goodwill-to-Asset is 0.00 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.