Forbes Energy Services Stock Analysis
Forbes Energy Services has over 62.64 Million in debt which may indicate that it relies heavily on debt financing. Forbes Energy's financial risk is the risk to Forbes Energy stockholders that is caused by an increase in debt.
Asset vs Debt
Equity vs Debt
Forbes Energy's liquidity is one of the most fundamental aspects of both its future profitability and its ability to meet different types of ongoing financial obligations. Forbes Energy's cash, liquid assets, total liabilities, and shareholder equity can be utilized to evaluate how much leverage the Company is using to sustain its current operations. For traders, higher-leverage indicators usually imply a higher risk to shareholders. In addition, it helps Forbes Pink Sheet's retail investors understand whether an upcoming fall or rise in the market will negatively affect Forbes Energy's stakeholders.
For many companies, including Forbes Energy, marketable securities, inventories, and receivables are the most common assets that could be converted to cash. However, for Forbes Energy Services, the most critical issue when managing liquidity is ensuring that current assets are properly aligned with current liabilities. If they are not, Forbes Energy's management will need to obtain alternative financing to ensure there are always enough cash equivalents on the balance sheet to meet obligations.
Given that Forbes Energy's debt-to-equity ratio measures a Company's obligations relative to the value of its net assets, it is usually used by traders to estimate the extent to which Forbes Energy is acquiring new debt as a mechanism of leveraging its assets. A high debt-to-equity ratio is generally associated with increased risk, implying that it has been aggressive in financing its growth with debt. Another way to look at debt-to-equity ratios is to compare the overall debt load of Forbes Energy to its assets or equity, showing how much of the company assets belong to shareholders vs. creditors. If shareholders own more assets, Forbes Energy is said to be less leveraged. If creditors hold a majority of Forbes Energy's assets, the Company is said to be highly leveraged.
Forbes Energy Services is undervalued with Real Value of 0.0 and Hype Value of 0.0. The main objective of Forbes Energy pink sheet analysis is to determine its intrinsic value, which is an estimate of what Forbes Energy Services is worth, separate from its market price. There are two main types of Forbes Energy's stock analysis: fundamental analysis and technical analysis.
The Forbes Energy pink sheet is traded in the USA on PINK Exchange, with the market opening at 09:30:00 and closing at 16:00:00 every Mon,Tue,Wed,Thu,Fri except for officially observed holidays in the USA.
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Forbes Pink Sheet Analysis Notes
The company has price-to-book (P/B) ratio of 0.03. Some equities with similar Price to Book (P/B) outperform the market in the long run. Forbes Energy Services recorded a loss per share of 21.23. The entity had not issued any dividends in recent years. The firm had 1:4 split on the 16th of August 2011. Forbes Energy Services, Ltd., an independent oilfield services contractor, provides a range of well site services for oil and natural gas drilling and producing companies to develop and enhance the production of oil and natural gas in the United States. Forbes Energy Services, Ltd. was founded in 2003 and is headquartered in Alice, Texas. FORBES ENERGY operates under Oil Gas Equipment Services classification in the United States and is traded on PNK Exchange. It employs 786 people.The quote for Forbes Energy Services is published daily by the National Quotation Bureau and the company does not need to meet minimum requirements or file with the SEC. To learn more about Forbes Energy Services call the company at 361 664 0549 or check out https://www.forbesenergyservices.com.Forbes Energy Services Investment Alerts
| Forbes Energy generated a negative expected return over the last 90 days | |
| Forbes Energy has some characteristics of a very speculative penny stock | |
| Forbes Energy has high likelihood to experience some financial distress in the next 2 years | |
| Forbes Energy Services currently holds 62.64 M in liabilities with Debt to Equity (D/E) ratio of 5.88, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forbes Energy Services has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Forbes Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Forbes Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Forbes Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forbes to invest in growth at high rates of return. When we think about Forbes Energy's use of debt, we should always consider it together with cash and equity. | |
| The entity reported the previous year's revenue of 188.42 M. Net Loss for the year was (68.4 M) with profit before overhead, payroll, taxes, and interest of 28.82 M. |
Forbes Market Capitalization
The company currently falls under 'Nano-Cap' category with a current market capitalization of 717. Market capitalization usually refers to the total value of a company's stock within the entire market. To calculate Forbes Energy's market, we take the total number of its shares issued and multiply it by Forbes Energy's current market price. To manage market risk and economic uncertainty, many investors today build portfolios that are diversified across equities with different market capitalizations. However, as a general rule, conservative investors tend to hold large-cap stocks, and those looking for more risk prefer small-cap and mid-cap equities.Forbes Profitablity
The company has Profit Margin (PM) of (0.73) %, which may suggest that it does not properly executes on its current pricing strategies or is unable to control all of the operational costs. This is way below average. Similarly, it shows Operating Margin (OM) of (0.17) %, which suggests for every $100 dollars of sales, it generated a net operating loss of $0.17.Technical Drivers
Forbes Energy Services technical analysis allows you to utilize historical prices and volume patterns in order to determine a pattern that computes the direction of the firm's future prices.Forbes Energy Services Price Movement Analysis
Illegal number of arguments. The output start index for this execution was zero with a total number of output elements of zero. The Weighted Moving Average calculates a weight for each value in Forbes Energy price series with the more recent values given greater weights.
Forbes Energy Outstanding Bonds
Forbes Energy issues bonds to finance its operations. Corporate bonds make up one of the largest components of the U.S. bond market, which is considered the world's largest securities market. Forbes Energy Services uses the proceeds from bond sales for a wide variety of purposes, including financing ongoing mergers and acquisitions, buying new equipment, investing in research and development, buying back their own stock, paying dividends to shareholders, and even refinancing existing debt. Most Forbes bonds can be classified according to their maturity, which is the date when Forbes Energy Services has to pay back the principal to investors. Maturities can be short-term, medium-term, or long-term (more than ten years). Longer-term bonds usually offer higher interest rates but may entail additional risks.
| MPLX LP 4125 Corp BondUS55336VAK61 | View | |
| MPLX LP 52 Corp BondUS55336VAL45 | View | |
| Morgan Stanley 3971 Corp BondUS61744YAL20 | View | |
| Valero Energy Partners Corp BondUS91914JAA07 | View |
Forbes Energy Services Debt to Cash Allocation
Many companies such as Forbes Energy, eventually find out that there is only so much market out there to be conquered, and adding the next product or service is only half as profitable per unit as their current endeavors. Eventually, the company will reach a point where cash flows are strong, and extra cash is available but not fully utilized. In this case, the company may start buying back its stock from the public or issue more dividends.
Forbes Energy Services currently holds 62.64 M in liabilities with Debt to Equity (D/E) ratio of 5.88, indicating the company may have difficulties to generate enough cash to satisfy its financial obligations. Forbes Energy Services has a current ratio of 0.37, indicating that it has a negative working capital and may not be able to pay financial obligations when due. Debt can assist Forbes Energy until it has trouble settling it off, either with new capital or with free cash flow. So, Forbes Energy's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Forbes Energy Services sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forbes to invest in growth at high rates of return. When we think about Forbes Energy's use of debt, we should always consider it together with cash and equity.Forbes Energy Assets Financed by Debt
Typically, companies with high debt-to-asset ratios are said to be highly leveraged. The higher the ratio, the greater risk will be associated with the Forbes Energy's operation. In addition, a high debt-to-assets ratio may indicate a low borrowing capacity of Forbes Energy, which in turn will lower the firm's financial flexibility.Forbes Energy Corporate Bonds Issued
About Forbes Pink Sheet Analysis
Pink Sheet analysis is the technique used by a trader or investor to examine and evaluate how Forbes Energy prices is reacting to, or reflecting on a current market direction and economic conditions. It can be used to make informed decisions about market timing, and when buying or selling Forbes shares will generate the highest return on investment. We also built our pink sheet analysis module to help investors to gain an insight into the world economy as a whole, the stock market, thematic ideas. a specific sector, or an individual Pink Sheet such as Forbes Energy. By using and applying Forbes Pink Sheet analysis, traders can create a robust methodology for identifying Forbes entry and exit points for their positions.
Forbes Energy Services, Ltd., an independent oilfield services contractor, provides a range of well site services for oil and natural gas drilling and producing companies to develop and enhance the production of oil and natural gas in the United States. Forbes Energy Services, Ltd. was founded in 2003 and is headquartered in Alice, Texas. FORBES ENERGY operates under Oil Gas Equipment Services classification in the United States and is traded on PNK Exchange. It employs 786 people.
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Additional Tools for Forbes Pink Sheet Analysis
When running Forbes Energy's price analysis, check to measure Forbes Energy's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forbes Energy is operating at the current time. Most of Forbes Energy's value examination focuses on studying past and present price action to predict the probability of Forbes Energy's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forbes Energy's price. Additionally, you may evaluate how the addition of Forbes Energy to your portfolios can decrease your overall portfolio volatility.