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Forum Mobile (Forum Mobile) Interest Coverage : N/A (As of Jun. 2006)


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What is Forum Mobile Interest Coverage?

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income by its Interest Expense. Forum Mobile's Operating Income for the three months ended in Jun. 2006 was $-7.91 Mil. Forum Mobile's Interest Expense for the three months ended in Jun. 2006 was $0.00 Mil. GuruFocus does not calculate 's interest coverage with the available data. The higher the ratio, the stronger the company's financial strength is.

The historical rank and industry rank for Forum Mobile's Interest Coverage or its related term are showing as below:


FRMB's Interest Coverage is not ranked *
in the Telecommunication Services industry.
Industry Median: 4.475
* Ranked among companies with meaningful Interest Coverage only.

Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.


Forum Mobile Interest Coverage Historical Data

The historical data trend for Forum Mobile's Interest Coverage 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.

Note: For Interest Coverage, "No debt" indicates no long-term debt. An indication of "No Debt" does not necessarily mean that the company has no long-term debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

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Forum Mobile Interest Coverage Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Interest Coverage
Get a 7-Day Free Trial No Debt No Debt No Debt No Debt N/A

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Interest Coverage 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 N/A N/A N/A N/A N/A

Competitive Comparison of Forum Mobile's Interest Coverage

For the Telecom Services subindustry, Forum Mobile's Interest Coverage, along with its competitors' market caps and Interest Coverage 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 Interest Coverage Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Forum Mobile's Interest Coverage distribution charts can be found below:

* The bar in red indicates where Forum Mobile's Interest Coverage falls into.



Forum Mobile Interest Coverage Calculation

Interest Coverage is a ratio that determines how easily a company can pay interest expenses on outstanding debt. It is calculated by dividing a company's Operating Income (EBIT) by its Interest Expense:

If Interest Expense is negative and Operating Income is positive, then

Interest Coverage=-1* Operating Income /Interest Expense

Else if Interest Expense is negative and Operating Income is negative, then

The company did not have earnings to cover the interest expense.

Else if Interest Expense is 0 and Long-Term Debt & Capital Lease Obligation is 0, then

The company had no debt (1).


Note: If both Interest Expense and Interest Income are empty, while Net Interest Income is negative, then use Net Interest Income as Interest Expense.

Forum Mobile's Interest Coverage for the fiscal year that ended in Dec. 2005 is calculated as

Here, for the fiscal year that ended in Dec. 2005, Forum Mobile's Interest Expense was $0.00 Mil. Its Operating Income was $-6.38 Mil. And its Long-Term Debt & Capital Lease Obligation was $6.86 Mil.

GuruFocus does not calculate Forum Mobile's interest coverage with the available data.

Forum Mobile's Interest Coverage for the quarter that ended in Jun. 2006 is calculated as

Here, for the three months ended in Jun. 2006, Forum Mobile's Interest Expense was $0.00 Mil. Its Operating Income was $-7.91 Mil. And its Long-Term Debt & Capital Lease Obligation was $2.89 Mil.

GuruFocus does not calculate Forum Mobile's interest coverage with the available data.

* 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.

The higher the ratio, the stronger the company's Financial Strength is.


Forum Mobile  (OTCPK:FRMB) Interest Coverage Explanation

Ben Graham requires that a company has a minimum interest coverage of 5 with the companies he invested. If the interest coverage is less than 2, the company is burdened by debt. Any business slow or recession may drag the company into a situation where it cannot pay the interest on its debt.

Interest Coverage is an important factor when GuruFocus ranks a company's overage Financial Strength .


Forum Mobile Interest Coverage Related Terms

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


Forum Mobile (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 (Forum Mobile) Headlines

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