FOMI (Formation Minerals) Total Stockholders Equity: $-3.98 Mil (As of Jan. 2025)

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What is Formation Minerals Total Stockholders Equity?

Formation Minerals FOMI Total Stockholders Equity is $-3.98 Mil as of Jan. 2025.

Formation Minerals's Total Stockholders Equity for the quarter that ended in Jan. 2025 was $-3.98 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Formation Minerals's Book Value per Share for the quarter that ended in Jan. 2025 was $-0.04. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Formation Minerals's Debt-to-Equity for the quarter that ended in Jan. 2025 was -0.08.

Formation Minerals  (OTCPK:FOMI) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Formation Minerals's Book Value per Share for the quarter that ended in Jan. 2025 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-3.975-0)/99.113
=-0.04

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Formation Minerals's Debt-to-Equity for the quarter that ended in Jan. 2025 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.3 + 0) / -3.975
=-0.08

* 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.

Formation Minerals Total Stockholders Equity Related Terms

Formation Minerals Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Formation Minerals's Total Stockholders 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.

Formation Minerals Total Stockholders Equity Chart

Formation Minerals Annual Data
Trend Apr21 Apr22 Apr23 Apr24
Total Stockholders Equity
0.71 0.42 -1.10 -0.83

Formation Minerals Quarterly Data
Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25
Total Stockholders 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 -0.62 -0.83 -2.22 -2.92 -3.98
What does a Total Stockholders Equity of $-3.98 Mil mean?
Formation Minerals (FOMI) has a Total Stockholders Equity of $-3.98 Mil as of Jan. 2025. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Formation Minerals and its competitors.
Is Formation Minerals' Total Stockholders Equity too high?
Formation Minerals' current Total Stockholders Equity is $-3.98 Mil.
How does Formation Minerals' Total Stockholders Equity compare to AVACF and COP?
Formation Minerals' Total Stockholders Equity of $-3.98 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 Stockholders Equity for an Oil & Gas company?
A good Total Stockholders Equity depends on the Oil & Gas industry context. However, Total Stockholders 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 Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Formation Minerals and its competitors. Formation Minerals's current Total Stockholders Equity is $-3.98 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Formation Minerals stock overvalued right now?
Formation Minerals (FOMI) has a current Total Stockholders Equity of $-3.98 Mil. The current Total Stockholders Equity is $-3.98 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Formation Minerals (FOMI), the current Total Stockholders Equity is $-3.98 Mil as of Jan. 2025. 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.

Formation Minerals Business Description

Industry EnergyOil & Gas
Address P.O. Box 67, Jacksboro, TX, USA, 76458
Formation Minerals Inc is engaged in the acquisition and management of high-growth oil and gas minerals and royalties in the U.S. basins. The company is focused on providing returns through asset growth generated by acquisitions and organic growth of properties. Its portfolio includes the DJ Basin of Colorado and Wyoming, the Haynesville Shale of Louisiana, the Delaware and Permian Basin of Texas, the Marcellus and Utica shales in West Virginia, and the Anadarko Basin in Oklahoma.