Forbes Energy Services (TSX:FLSS) Long-Term Debt: C$89.5 Mil (As of Mar. 2020)


TSX:FLSS Forbes Energy Services Ltd TSX:FLSS
16 GF Score
Price C$1.79
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What is Forbes Energy Services Long-Term Debt?

Forbes Energy Services TSX:FLSS 16 Long-Term Debt is C$89.5 Mil as of Mar. 2020. GuruFocus rates TSX:FLSS with a GF Score™ of 16/100.

Forbes Energy Services's Long-Term Debt for the quarter that ended in Mar. 2020 was C$89.5 Mil.

Forbes Energy Services's quarterly Long-Term Debt declined from Sep. 2019 (C$86.9 Mil) to Dec. 2019 (C$82.5 Mil) but then increased from Dec. 2019 (C$82.5 Mil) to Mar. 2020 (C$89.5 Mil).

Forbes Energy Services's annual Long-Term Debt increased from Dec. 2017 (C$65.5 Mil) to Dec. 2018 (C$95.5 Mil) but then declined from Dec. 2018 (C$95.5 Mil) to Dec. 2019 (C$82.5 Mil).

Forbes Energy Services  (TSX:FLSS) Long-Term Debt Explanation

Long-Term Debt is the sum of the carrying values as of the balance sheet date of all long-term debt, which is debt initially having maturities due after one year or beyond the operating cycle, if longer, but excluding the portions thereof scheduled to be repaid within one year or the normal operating cycle, if longer. Long-Term Debt includes notes payable, bonds payable, mortgage loans, convertible debt, subordinated debt and other types of long term debt.

Forbes Energy Services Long-Term Debt Related Terms

Forbes Energy Services Long-Term Debt Historical Data

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The historical data trend for Forbes Energy Services's Long-Term Debt 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.

Forbes Energy Services Long-Term Debt Chart

Forbes Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Long-Term Debt
Get a 7-Day Free Trial Premium Member Only Premium Member Only 383.69 0.32 65.49 95.52 82.49

Forbes Energy Services Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Long-Term Debt 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 167.90 99.57 86.94 82.49 89.50
TSX:FLSS
16GF Score
Forbes Energy Services Ltd TSX:FLSS
Long-Term Debt is just one metric. See GF Score™, valuation, warning signs, and more.
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Frequently Asked Questions Learn more about Long-Term Debt →
What does a Long-Term Debt of C$89.5 Mil mean?
Forbes Energy Services (TSX:FLSS) has a Long-Term Debt of C$89.5 Mil as of Mar. 2020.
Is Forbes Energy Services' Long-Term Debt too high?
Forbes Energy Services' current Long-Term Debt is C$89.5 Mil. Overall, Forbes Energy Services has a GF Score™ of 16/100, reflecting its overall financial health beyond just this single metric.
How does Forbes Energy Services' Long-Term Debt compare to CRRTQ and HOSSQ?
Forbes Energy Services' Long-Term Debt of C$89.5 Mil can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Long-Term Debt for an Oil & Gas company?
A good Long-Term Debt depends on the Oil & Gas industry context. However, Long-Term Debt 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 Long-Term Debt mean?
A high Long-Term Debt can signal that a stock is expensive relative to its fundamentals. Forbes Energy Services's current Long-Term Debt is C$89.5 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forbes Energy Services stock overvalued right now?
Forbes Energy Services (TSX:FLSS) has a current Long-Term Debt of C$89.5 Mil. The current Long-Term Debt is C$89.5 Mil. Forbes Energy Services' overall GF Score™ is 16/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Long-Term Debt calculated?
Long-Term Debt is calculated from a company's financial statements. For Forbes Energy Services (TSX:FLSS), the current Long-Term Debt is C$89.5 Mil as of Mar. 2020. 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.

Forbes Energy Services Business Description

Industry EnergyOil & Gas
Address 3000 South Business Highway 281, Alice, TX, USA, 78332
Forbes Energy Services Ltd operates as an oilfield services contractor that provides a wide range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. The company operates in three business segments namely Well Servicing which is the key revenue driver, Coiled Tubing, and Fluid Logistics. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Geographically, it operates in South, East, Central, and West Texas.
16GF Score

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