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


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

Forum Mobile FRMB -99.00% LT-Debt-to-Total-Asset is 0.21 as of Jun. 2006.

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  (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

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

* Premium members only.

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.

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

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
LT-Debt-to-Total-Asset
Get a 7-Day Free Trial 0.00 0.00 0.00 0.00 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 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 0.12 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

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.21 mean?
Forum Mobile (FRMB) has a LT-Debt-to-Total-Asset of 0.21 as of Jun. 2006. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Forum Mobile and its competitors.
Is Forum Mobile's LT-Debt-to-Total-Asset too high?
Forum Mobile's current LT-Debt-to-Total-Asset is 0.21.
How does Forum Mobile's LT-Debt-to-Total-Asset compare to DIRV and FULO?
Forum Mobile's LT-Debt-to-Total-Asset of 0.21 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 LT-Debt-to-Total-Asset for a Telecommunication Services company?
A good LT-Debt-to-Total-Asset depends on the Telecommunication Services industry context. However, LT-Debt-to-Total-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 LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Forum Mobile and its competitors. Forum Mobile's current LT-Debt-to-Total-Asset is 0.21. 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 LT-Debt-to-Total-Asset of 0.21. The current LT-Debt-to-Total-Asset is 0.21. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Forum Mobile (FRMB), the current LT-Debt-to-Total-Asset is 0.21 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.