Forbes Energy Services Ltd.
Other OTCTotal Valuation
Forbes Energy Services Ltd. carries a market capitalization of 72.00, placing it among publicly traded companies globally. Its enterprise value stands at 135.72M, reflecting the total theoretical takeover cost after accounting for cash holdings and debt obligations.
| Market Cap | 72.00 |
| Enterprise Value | 135.72M |
Share Statistics
Forbes Energy Services Ltd. currently has 5.52M shares outstanding.
| Shares Outstanding | 5.52M |
| Owned by Insiders (%) | N/A |
| Owned by Institutions (%) | N/A |
Valuation Ratios
The price-to-sales ratio is 0.00, and the price-to-book ratio stands at 0.00.
| PE Ratio | N/A |
| PS Ratio | 0.00 |
| PB Ratio | 0.00 |
| P/TBV Ratio | -0.01 |
| P/FCF Ratio | 0.02 |
| P/OCF Ratio | 0.03 |
Enterprise Valuation
On an enterprise value basis, Forbes Energy Services Ltd. trades at an EV/EBITDA multiple of 51.14 and an EV/FCF ratio of 2.67.
| EV / Sales | 0.85 |
| EV / EBITDA | 51.14 |
| EV / EBIT | N/A |
| EV / FCF | 2.67 |
Financial Position
Forbes Energy Services Ltd. maintains a current ratio of 0.38, meaning it holds 0.4x the short-term assets needed to cover near-term liabilities. The debt-to-equity ratio is -402.33, indicating conservative leverage, while an interest coverage ratio of -0.21 demonstrates limited ability to service its debt obligations.
| Current Ratio | 0.38 |
| Quick Ratio | 0.28 |
| Debt / Equity | -402.33 |
| Debt / EBITDA | -29.89 |
| Interest Coverage | -0.21 |
Financial Efficiency
| Return on Equity (ROE) | N/A |
| Return on Assets (ROA) | -60.71 |
| Return on Invested Capital (ROIC) | N/A |
| Return on Capital Employed (ROCE) | N/A |
| Revenue Per Employee | N/A |
| Employee Count | N/A |
| Inventory Turnover | N/A |
Taxes
| Income Tax | -182,000.00 |
| Effective Tax Rate | N/A |
Income Statement
Over the trailing twelve months, Forbes Energy Services Ltd. generated 160.50M in revenue and converted that into -116.58M in net income, yielding earnings per share of -21.27. EBITDA reached -4.80M, while operating income came in at -30.88M.
| Revenue | 160.50M |
| Gross Profit | -7.73M |
| Operating Income | -30.88M |
| Pretax Income | -116.76M |
| Net Income | -116.58M |
| EBITDA | -4.80M |
| EBIT | -30.88M |
| Earnings Per Share (EPS) | -21.27 |
Balance Sheet
Forbes Energy Services Ltd. holds 8.12M in cash and equivalents against 143.35M in total debt, resulting in a net debt position of 129.74M. Total book value stands at -186.75M, with working capital of -62.11M providing operational flexibility.
| Cash & Cash Equivalents | 8.12M |
| Total Debt | 143.35M |
| Net Debt | 129.74M |
| Equity (Book Value) | -186.75M |
| Book Value Per Share | -34.08 |
| Working Capital | -62.11M |
Cash Flow
Forbes Energy Services Ltd. produced 18.22M in operating cash flow over the past twelve months. After subtracting -9.92M in capital expenditures, free cash flow totaled 8.30M - equivalent to 1.51 per share.
| Operating Cash Flow | 18.22M |
| Capital Expenditures | -9.92M |
| Free Cash Flow | 8.30M |
| FCF Per Share | 1.51 |
Margins
Forbes Energy Services Ltd. operates with a gross margin of -4.82, reflecting its pricing power and cost economics. The operating margin of -19.24 and net profit margin of -72.64 provide insight into operational efficiency.
| Gross Margin | -4.82 |
| Operating Margin | -19.24 |
| Pretax Margin | -72.75 |
| Profit Margin | -72.64 |
| EBITDA Margin | -2.99 |
Dividends & Yields
| Dividend Per Share | N/A |
| Dividend Yield | N/A |
| Payout Ratio | N/A |
| Shareholder Yield | 2,780.62 |
| FCF Yield | 5,707.02 |
Stock Splits
Forbes Energy Services Ltd.'s most recent stock split took place on August 16, 2011 with a 4:1 split ratio.
| Last Split Date | 8/16/2011 |
| Split Ratio | 4:1 |
Scores
Forbes Energy Services Ltd. posts an Altman Z-Score of -2.21, below the 3.0 threshold that indicates strong financial health and minimal bankruptcy risk.
| Altman Z-Score | -2.21 |