Forum Mobile (Forum Mobile) LT-Debt-to-Total-Asset : 0.21 (As of Jun. 2006)

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What is Forum Mobile LT-Debt-to-Total-Asset?

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Forum Mobile's long-term debt to total assests ratio for the quarter that ended in Jun. 2006 was 0.21.

Forum Mobile's long-term debt to total assets ratio increased from Jun. 2005 (0.12) to Jun. 2006 (0.21). It may suggest that Forum Mobile is progressively becoming more dependent on debt to grow their business.

Forum Mobile LT-Debt-to-Total-Asset Historical Data

The historical data trend for Forum Mobile's LT-Debt-to-Total-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.

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Forum Mobile LT-Debt-to-Total-Asset Chart

Forum Mobile Annual Data

Trend

Dec00

Dec01

Dec02

Dec03

Dec04

Dec05

LT-Debt-to-Total-Asset

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0.27

Forum Mobile Quarterly Data
	Sep01	Dec01	Mar02	Jun02	Sep02	Dec02	Mar03	Jun03	Sep03	Dec03	Mar04	Jun04	Sep04	Dec04	Mar05	Jun05	Sep05	Dec05	Mar06	Jun06
LT-Debt-to-Total-Asset	Get a 7-Day Free Trial															0.12	0.08	0.27	0.28	0.21

Forum Mobile LT-Debt-to-Total-Asset Calculation

Forum Mobile's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Dec. 2005 is calculated as

LT Debt to Total Assets (A: Dec. 2005 )	=	Long-Term Debt & Capital Lease Obligation (A: Dec. 2005 )	/	Total Assets (A: Dec. 2005 )
	=	6.858	/	25.252
	=	0.27

Forum Mobile's Long-Term Debt to Total Asset Ratio for the quarter that ended in Jun. 2006 is calculated as

LT Debt to Total Assets (Q: Jun. 2006 )	=	Long-Term Debt & Capital Lease Obligation (Q: Jun. 2006 )	/	Total Assets (Q: Jun. 2006 )
	=	2.891	/	13.502
	=	0.21

Forum Mobile (OTCPK:FRMB) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Forum Mobile LT-Debt-to-Total-Asset Related Terms

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Forum Mobile (Forum Mobile) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Forum Mobile Inc (OTCPK:FRMB) » Definitions » LT-Debt-to-Total-Asset

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Traded in Other Exchanges

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Address

26 Broadway, 21st Floor, New York, NY, USA, 10004

Website

http://www.forum-mobile.com

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.

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