Forum Historical Balance Sheet
| FRMB Stock | USD 0.0001 0.00 0.00% |
Trend analysis of Forum Mobile balance sheet accounts such as Total Current Liabilities of 641.9 K or Accounts Payable of 120.4 K provides information on Forum Mobile's total assets, liabilities, and equity, which is the actual value of Forum Mobile to its prevalent stockholders. By breaking down trends over time using Forum Mobile balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Forum Mobile latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forum Mobile is a good buy for the upcoming year.
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About Forum Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Forum Mobile at a specified time, usually calculated after every quarter, six months, or one year. Forum Mobile Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Forum Mobile and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Forum currently owns. An asset can also be divided into two categories, current and non-current.
Forum Mobile Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Forum Mobile assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Forum Mobile books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.Total Current Liabilities
Total Current Liabilities is an item on Forum Mobile balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Forum Mobile are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Accounts Payable
An accounting item on the balance sheet that represents Forum Mobile obligation to pay off a short-term debt to its creditors. The accounts payable entry is usually reported under current liabilities. If accounts payable of Forum Mobile are not paid within the agreed terms, the payables are considered to be in default, which may trigger a penalty or interest payment, or the revocation of additional credit from the supplier. Accounts payable may also be considered a source of cash, since they represent funds being borrowed from suppliers. Given these cash flow considerations, suppliers have a natural inclination to push for shorter payment terms, while creditors want to lengthen the payment terms. The amount a company owes to suppliers or vendors for products or services received but not yet paid for. It represents the company's short-term liabilities.Most accounts from Forum Mobile's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Forum Mobile current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Forum Stock refer to our How to Trade Forum Stock guide.At present, Forum Mobile's Other Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Inventory is expected to grow to about 4.5 M, whereas Total Assets are forecasted to decline to about 474.2 K.
| 2010 | 2011 | 2023 | 2024 (projected) | Other Current Liabilities | 523K | 3.9M | 4.5M | 4.7M | Total Assets | 4.4M | 434.0K | 499.1K | 474.2K |
Forum Mobile balance sheet Correlations
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Forum Mobile Account Relationship Matchups
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Also Currently Popular
Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.When determining whether Forum Mobile offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forum Mobile's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forum Mobile Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forum Mobile Stock:Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forum Mobile. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in population. For information on how to trade Forum Stock refer to our How to Trade Forum Stock guide.You can also try the Portfolio File Import module to quickly import all of your third-party portfolios from your local drive in csv format.
Is Technology Hardware, Storage & Peripherals space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forum Mobile. If investors know Forum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forum Mobile listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share (0.02) | Revenue Per Share 0.006 | Quarterly Revenue Growth (0.55) | Return On Assets (0.55) |
The market value of Forum Mobile is measured differently than its book value, which is the value of Forum that is recorded on the company's balance sheet. Investors also form their own opinion of Forum Mobile's value that differs from its market value or its book value, called intrinsic value, which is Forum Mobile's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forum Mobile's market value can be influenced by many factors that don't directly affect Forum Mobile's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forum Mobile's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forum Mobile is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Mobile's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.