FLSS (Forbes Energy Services) Total Liabilities: $169.1 Mil (As of Mar. 2020)


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

Forbes Energy Services FLSS -90.00% 16 Total Liabilities is $169.1 Mil as of Mar. 2020. GuruFocus rates FLSS with a GF Score™ of 16/100.

Forbes Energy Services's Total Liabilities for the quarter that ended in Mar. 2020 was $169.1 Mil.

Forbes Energy Services's quarterly Total Liabilities increased from Sep. 2019 ($159.83 Mil) to Dec. 2019 ($166.31 Mil) and increased from Dec. 2019 ($166.31 Mil) to Mar. 2020 ($169.10 Mil).

Forbes Energy Services's annual Total Liabilities increased from Dec. 2017 ($78.82 Mil) to Dec. 2018 ($164.96 Mil) and increased from Dec. 2018 ($164.96 Mil) to Dec. 2019 ($166.31 Mil).

Forbes Energy Services Total Liabilities Historical Data

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

Forbes Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Total Liabilities
Get a 7-Day Free Trial Premium Member Only Premium Member Only 341.78 340.11 78.82 164.96 166.31

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 Liabilities 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 170.51 166.56 159.83 166.31 169.10
FLSS
16GF Score
Forbes Energy Services Ltd FLSS
Total Liabilities is just one metric. See GF Score™, valuation, warning signs, and more.
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Forbes Energy Services Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=98.669+(67.395+4.5519144009631E-15
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.245+0+0)
=166.3

Total Liabilities=Total Assets (A: Dec. 2019 )-Total Equity (A: Dec. 2019 )
=190.265-23.956
=166.3

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

Total Liabilities=Total Current Liabilities+Total Noncurrent Liabilities
=Total Current Liabilities+(Long-Term Debt & Capital Lease Obligation+Other Long-Term Liabilities
=100.182+(68.816+-1.0338951916822E-14
+NonCurrent Deferred Liabilities+PensionAndRetirementBenefit+NonCurrent Deferred Income Tax)
+0.102+0+0)
=169.1

Total Liabilities=Total Assets (Q: Mar. 2020 )-Total Equity (Q: Mar. 2020 )
=133.47--35.63
=169.1

* 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 Liabilities →
What does a Total Liabilities of $169.1 Mil mean?
Forbes Energy Services (FLSS) has a Total Liabilities of $169.1 Mil as of Mar. 2020. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Forbes Energy Services and its competitors.
Is Forbes Energy Services' Total Liabilities too high?
Forbes Energy Services' current Total Liabilities is $169.1 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 Liabilities compare to CRRTQ and HOSSQ?
Forbes Energy Services' Total Liabilities of $169.1 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 Liabilities for an Oil & Gas company?
A good Total Liabilities depends on the Oil & Gas industry context. However, Total Liabilities 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 Liabilities mean?
A high Total Liabilities can signal that a stock is expensive relative to its fundamentals. The total amount of liabilities as recorded on a company's balance sheet. View historical data for Forbes Energy Services and its competitors. Forbes Energy Services's current Total Liabilities is $169.1 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 Liabilities of $169.1 Mil. The current Total Liabilities is $169.1 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 Liabilities calculated?
Total Liabilities is calculated from a company's financial statements. For Forbes Energy Services (FLSS), the current Total Liabilities is $169.1 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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