GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Forum Mobile Inc (OTCPK:FRMB) » Definitions » Net Cash per Share

Forum Mobile (Forum Mobile) Net Cash per Share : $-32.01 (As of Jun. 2006)


View and export this data going back to . Start your Free Trial

What is Forum Mobile Net Cash per Share?

Net Cash per Share is calculated as Cash, Cash Equivalents, Marketable Securities minus Total Liabilities minus Minority Interest and then divided by Shares Outstanding (EOP). Forum Mobile's Net Cash per Share for the quarter that ended in Jun. 2006 was $-32.01.

The historical rank and industry rank for Forum Mobile's Net Cash per Share or its related term are showing as below:

FRMB's Price-to-Net-Cash is not ranked *
in the Telecommunication Services industry.
Industry Median: 9.605
* Ranked among companies with meaningful Price-to-Net-Cash only.

Forum Mobile Net Cash per Share Historical Data

The historical data trend for Forum Mobile's Net Cash per Share 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.

* Premium members only.

Forum Mobile Net Cash per Share Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Net Cash per Share
Get a 7-Day Free Trial -196.20 -169.79 -181.06 -11.74 -60.63

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
Net Cash per Share 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 -52.64 -46.36 -60.63 -30.17 -32.01

Competitive Comparison of Forum Mobile's Net Cash per Share

For the Telecom Services subindustry, Forum Mobile's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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 Price-to-Net-Cash Distribution in the Telecommunication Services Industry

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

* The bar in red indicates where Forum Mobile's Price-to-Net-Cash falls into.



Forum Mobile Net Cash per Share Calculation

In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.

Forum Mobile's Net Cash per Share for the fiscal year that ended in Dec. 2005 is calculated as

Net Cash per Share (A: Dec. 2005 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(1.302-22.208-0)/0.34484
=-60.63

Forum Mobile's Net Cash per Share for the quarter that ended in Jun. 2006 is calculated as

Net Cash per Share (Q: Jun. 2006 )
=(Cash, Cash Equivalents, Marketable Securities-Total Liabilities-Minority Interest)/Shares Outstanding (EOP)
=(0.007-21.807-0)/0.68104
=-32.01

* 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  (OTCPK:FRMB) Net Cash per Share Explanation

Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.

You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.


Forum Mobile Net Cash per Share Related Terms

Thank you for viewing the detailed overview of Forum Mobile's Net Cash per Share 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

No Headlines