FRMB (Forum Mobile) Total Equity: $-8.31 Mil (As of Jun. 2006)


What is Forum Mobile Total Equity?

Forum Mobile FRMB -99.00% Total Equity is $-8.31 Mil as of Jun. 2006.

Forum Mobile's total equity for the quarter that ended in Jun. 2006 was $-8.31 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.

Forum Mobile Total Equity Historical Data

* Premium members only.

The historical data trend for Forum Mobile'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.

Forum Mobile Total Equity Chart

Forum Mobile Annual Data
Trend Dec00 Dec01 Dec02 Dec03 Dec04 Dec05
Total Equity
Get a 7-Day Free Trial -0.32 -2.29 -3.92 -2.56 3.04

Forum Mobile Quarterly Data
Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04 Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06
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 2.82 4.48 3.04 2.44 -8.31

Forum Mobile Total Equity Calculation

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

Forum Mobile's Total Equity for the fiscal year that ended in Dec. 2005 is calculated as

Total Equity=Total Assets(Q: Dec. 2005 )-Total Liabilities(Q: Dec. 2005 )
=25.252-22.208
=3.04

Forum Mobile's Total Equity for the quarter that ended in Jun. 2006 is calculated as

Total Equity=Total Assets(Q: Jun. 2006 )-Total Liabilities(Q: Jun. 2006 )
=13.502-21.807
=-8.31

* 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 $-8.31 Mil mean?
Forum Mobile (FRMB) has a Total Equity of $-8.31 Mil as of Jun. 2006. The total amount of equity as record on a company's balance sheet. View historical data for Forum Mobile and its competitors.
Is Forum Mobile's Total Equity too high?
Forum Mobile's current Total Equity is $-8.31 Mil.
How does Forum Mobile's Total Equity compare to DIRV and FULO?
Forum Mobile's Total Equity of $-8.31 Mil 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 Total Equity for a Telecommunication Services company?
A good Total Equity depends on the Telecommunication Services 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 Forum Mobile and its competitors. Forum Mobile's current Total Equity is $-8.31 Mil. 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 Total Equity of $-8.31 Mil. The current Total Equity is $-8.31 Mil. 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 Forum Mobile (FRMB), the current Total Equity is $-8.31 Mil 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.