FLSS (Forbes Energy Services) Total Equity: $-35.6 Mil (As of Mar. 2020)


FLSS Forbes Energy Services Ltd FLSS
16 GF Score
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What is Forbes Energy Services Total Equity?

Forbes Energy Services FLSS -90.00% 16 Total Equity is $-35.6 Mil as of Mar. 2020. GuruFocus rates FLSS with a GF Score™ of 16/100.

Forbes Energy Services's total equity for the quarter that ended in Mar. 2020 was $-35.6 Mil.

This is Residual interest, including minority interest, that remains in the assets of the enterprise after deducting its liabilities. Equity is increased by owners’ investments and by comprehensive income, and it is reduced by distributions to the owners.

Forbes Energy Services Total Equity Historical Data

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The historical data trend for Forbes Energy Services's Total Equity 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 Total Equity Chart

Forbes Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Equity
Get a 7-Day Free Trial Premium Member Only Premium Member Only 67.38 -42.53 122.93 91.43 23.96

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
Total Equity 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 80.05 69.56 38.72 23.96 -35.63
FLSS
16GF Score
Forbes Energy Services Ltd FLSS
Total Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbes Energy Services Total Equity Calculation

Total Equity and Total Liabilities are the two components for Total Assets.

Forbes Energy Services's Total Equity for the fiscal year that ended in Dec. 2019 is calculated as

Total Equity=Total Assets(Q: Dec. 2019 )-Total Liabilities(Q: Dec. 2019 )
=190.265-166.309
=24.0

Forbes Energy Services's Total Equity for the quarter that ended in Mar. 2020 is calculated as

Total Equity=Total Assets(Q: Mar. 2020 )-Total Liabilities(Q: Mar. 2020 )
=133.47-169.1
=-35.6

* 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 Total Equity →
What does a Total Equity of $-35.6 Mil mean?
Forbes Energy Services (FLSS) has a Total Equity of $-35.6 Mil as of Mar. 2020. The total amount of equity as record on a company's balance sheet. View historical data for Forbes Energy Services and its competitors.
Is Forbes Energy Services' Total Equity too high?
Forbes Energy Services' current Total Equity is $-35.6 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' Total Equity compare to CRRTQ and HOSSQ?
Forbes Energy Services' Total Equity of $-35.6 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 Total Equity for an Oil & Gas company?
A good Total Equity depends on the Oil & Gas industry context. However, Total Equity 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 Total Equity mean?
A high Total Equity can signal that a stock is expensive relative to its fundamentals. The total amount of equity as record on a company's balance sheet. View historical data for Forbes Energy Services and its competitors. Forbes Energy Services's current Total Equity is $-35.6 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 (FLSS) has a current Total Equity of $-35.6 Mil. The current Total Equity is $-35.6 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 Total Equity calculated?
Total Equity is calculated from a company's financial statements. For Forbes Energy Services (FLSS), the current Total Equity is $-35.6 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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Total Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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