Forum Energy Metals Stock Debt To Equity
| FMC Stock | CAD 0.07 0.01 16.67% |
Forum Energy Metals fundamentals help investors to digest information that contributes to Forum Energy's financial success or failures. It also enables traders to predict the movement of Forum Stock. The fundamental analysis module provides a way to measure Forum Energy's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forum Energy stock.
| Last Reported | Projected for Next Year | ||
| Debt To Equity | 0.04 | 0.03 |
Forum | Debt To Equity |
Forum Energy Metals Company Debt To Equity Analysis
Forum Energy's Debt to Equity is calculated by dividing the Total Debt of a company by its Equity. If the debt exceeds equity of a company, then the creditors have more stakes in a firm than the stockholders. In other words, Debt to Equity ratio provides analysts with insights about composition of both equity and debt, and its influence on the valuation of the company.
Current Forum Energy Debt To Equity | 2.90 % |
Most of Forum Energy's fundamental indicators, such as Debt To Equity, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forum Energy Metals is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
Forum Debt To Equity Driver Correlations
Understanding the fundamental principles of building solid financial models for Forum Energy is extremely important. It helps to project a fair market value of Forum Stock properly, considering its historical fundamentals such as Debt To Equity. Since Forum Energy's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forum Energy's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forum Energy's interrelated accounts and indicators.
Click cells to compare fundamentals
High Debt to Equity ratio typically indicates that a firm has been borrowing aggressively to finance its growth and as a result may experience a burden of additional interest expense. This may reduce earnings or future growth. On the other hand a small D/E ratio may indicate that a company is not taking enough advantage from financial leverage. Debt to Equity ratio measures how the company is leveraging borrowing against the capital invested by the owners.
| Competition |
Forum Total Stockholder Equity
Total Stockholder Equity |
|
According to the company disclosure, Forum Energy Metals has a Debt To Equity of 2.9%. This is 95.5% lower than that of the Metals & Mining sector and 95.49% lower than that of the Materials industry. The debt to equity for all Canada stocks is 94.05% higher than that of the company.
Forum Debt To Equity Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forum Energy's direct or indirect competition against its Debt To Equity to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forum Energy could also be used in its relative valuation, which is a method of valuing Forum Energy by comparing valuation metrics of similar companies.Forum Energy is currently under evaluation in debt to equity category among its peers.
Forum Energy Current Valuation Drivers
We derive many important indicators used in calculating different scores of Forum Energy from analyzing Forum Energy's financial statements. These drivers represent accounts that assess Forum Energy's ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Forum Energy's important valuation drivers and their relationship over time.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Market Cap | 13.7M | 28.8M | 18.8M | 26.7M | 24.0M | 25.2M | |
| Enterprise Value | 13.5M | 25.7M | 17.7M | 25.3M | 22.7M | 23.9M |
Forum Fundamentals
| Return On Equity | -2.57 | |||
| Return On Asset | -1.22 | |||
| Current Valuation | 17.82 M | |||
| Shares Outstanding | 294.56 M | |||
| Shares Owned By Insiders | 4.98 % | |||
| Shares Owned By Institutions | 0.21 % | |||
| Number Of Shares Shorted | 88.47 K | |||
| Price To Book | 6.63 X | |||
| EBITDA | (6.46 M) | |||
| Net Income | (5.36 M) | |||
| Cash And Equivalents | 208.44 K | |||
| Total Debt | 1.27 M | |||
| Debt To Equity | 2.90 % | |||
| Current Ratio | 1.17 X | |||
| Book Value Per Share | 0.01 X | |||
| Cash Flow From Operations | (6.7 M) | |||
| Short Ratio | 0.34 X | |||
| Earnings Per Share | (0.03) X | |||
| Beta | 1.17 | |||
| Market Capitalization | 22.09 M | |||
| Total Asset | 3.45 M | |||
| Retained Earnings | (66.04 M) | |||
| Working Capital | 1.02 M | |||
| Net Asset | 3.45 M |
About Forum Energy Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forum Energy Metals's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forum Energy using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forum Energy Metals based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Forum Stock Analysis
When running Forum Energy's price analysis, check to measure Forum 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 Forum Energy is operating at the current time. Most of Forum Energy's value examination focuses on studying past and present price action to predict the probability of Forum 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 Forum Energy's price. Additionally, you may evaluate how the addition of Forum Energy to your portfolios can decrease your overall portfolio volatility.