FRMB (Forum Mobile) Liabilities-to-Assets : 1.62 (As of Jun. 2006)

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What is Forum Mobile Liabilities-to-Assets?

Forum Mobile FRMB -99.00% Liabilities-to-Assets is 1.62 as of Jun. 2006.

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. Forum Mobile's Total Liabilities for the quarter that ended in Jun. 2006 was $21.81 Mil. Forum Mobile's Total Assets for the quarter that ended in Jun. 2006 was $13.50 Mil. Therefore, Forum Mobile's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2006 was 1.62.


Forum Mobile  (OTCPK:FRMB) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


Forum Mobile Liabilities-to-Assets Related Terms


Forum Mobile Liabilities-to-Assets Historical Data

* Premium members only.

The historical data trend for Forum Mobile's Liabilities-to-Assets 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 Liabilities-to-Assets Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Liabilities-to-Assets
Get a 7-Day Free Trial 1.08 2.65 0.00 8.06 0.88

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Liabilities-to-Assets 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 0.87 0.78 0.88 0.90 1.62

FRMB vs DIRV, FULO, TOWTF: Liabilities-to-Assets Comparison

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

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

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



Forum Mobile Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

Forum Mobile's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2005 is calculated as:

Liabilities-to-Assets (A: Dec. 2005 )=Total Liabilities/Total Assets
=22.208/25.252
=0.88

Forum Mobile's Liabilities-to-Assets Ratio for the quarter that ended in Jun. 2006 is calculated as

Liabilities-to-Assets (Q: Jun. 2006 )=Total Liabilities/Total Assets
=21.807/13.502
=1.62

* 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.

Frequently Asked Questions Learn more about Liabilities-to-Assets →
What does a Liabilities-to-Assets of 1.62 mean?
Forum Mobile (FRMB) has a Liabilities-to-Assets of 1.62 as of Jun. 2006. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Forum Mobile and its competitors.
Is Forum Mobile's Liabilities-to-Assets too high?
Forum Mobile's current Liabilities-to-Assets is 1.62.
How does Forum Mobile's Liabilities-to-Assets compare to DIRV and FULO?
Forum Mobile's Liabilities-to-Assets of 1.62 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 Liabilities-to-Assets for a Telecommunication Services company?
A good Liabilities-to-Assets depends on the Telecommunication Services industry context. However, Liabilities-to-Assets 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 Liabilities-to-Assets mean?
A high Liabilities-to-Assets can signal that a stock is expensive relative to its fundamentals. Liabilities-to-Assets equals total liabilities divided by total assets. It measures financial leverage. View historical data on Forum Mobile and its competitors. Forum Mobile's current Liabilities-to-Assets is 1.62. 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 Liabilities-to-Assets of 1.62. The current Liabilities-to-Assets is 1.62. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Liabilities-to-Assets calculated?
Liabilities-to-Assets is calculated from a company's financial statements. For Forum Mobile (FRMB), the current Liabilities-to-Assets is 1.62 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 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.