Forum Historical Balance Sheet

FET
 Stock
  

USD 25.78  0.32  1.26%   

Trend analysis of Forum Energy Technologies balance sheet accounts such as Accounts Payable of 93.1 M or Total Assets of 1.1 B provides information on Forum Energy's total assets, liabilities, and equity, which is the actual value of Forum Energy Technologies to its prevalent stockholders. By breaking down trends over time using Forum Energy 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 breaking down Forum Energy Technologies prevalent 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 Energy Technologies 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 Energy Technologies at a specified time, usually calculated after every quarter, six months, or one year. Forum Energy Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Forum Energy 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 Energy Balance Sheet Chart

Forum Energy Balance Sheet is one of the main financial statements that report all assets, liabilities, and shareholders' equity for the current year. It provides a basis for different types of computing rates of return, such as return on equity (ROE) or return on asset (ROA), as well as shows how Forum Energy Technologies uses and utilizes its capital. It also shows what exactly a company owns and owes.
Forum Energy Debt Non Current is comparatively stable at the moment as compared to the past year. Forum Energy reported Debt Non Current of 267.12 Million in 2021. Shareholders Equity is likely to gain to about 337.8 M in 2022, whereas Deferred Revenue is likely to drop slightly above 16.8 M in 2022.

Total Assets

Total assets refers to the total amount of Forum Energy 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 Energy Technologies 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. Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Major components are Cash and Equivalents; Investments; Goodwill and Intangible Assets; Property Plant and Equipment Net; Tax Assets and Trade and Non Trade Receivables.

Current Assets

Current assets of Forum Energy Technologies include cash, cash equivalents, short-term investments, accounts receivable, stock inventory and the portion of prepaid liabilities which will be paid within a year. Depending on the nature of the business, current assets can range from barrels of crude oil, to baked goods, to foreign currency. Current assets are important because they are the assets that are used to fund day-to-day operations of Forum Energy. The current portion of Total Assets; reported if a company operates a classified balance sheet that segments current and non-current assets.

Shareholders Equity

A principal component of the balance sheet; in addition to Total Liabilities and Total Assets; that represents the total of all stockholders' equity (deficit) items; net of receivables from officers; directors; owners; and affiliates of the entity which are attributable to the parent.

Total Liabilities

Deferred Income Tax is recorded on Forum Energy Technologies balance sheet and a result of income already earned and recognized for accounting, but not tax, purposes. Also, differences between tax laws and accounting methods can result in a temporary difference in the amount of income tax payable by a company. This difference is recorded on Forum Energy books as deferred income tax. Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Principal components are Total Debt; Deferred Revenue; Trade and Non Trade Payables; Deposit Liabilities; and Tax Liabilities.
Most accounts from Forum Energy balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Forum Energy Technologies 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. Please check Investing Opportunities.Forum Energy Debt Non Current is comparatively stable at the moment as compared to the past year. Forum Energy reported Debt Non Current of 267.12 Million in 2021. Shareholders Equity is likely to gain to about 337.8 M in 2022, whereas Deferred Revenue is likely to drop slightly above 16.8 M in 2022.
 2019 2020 2021 2022 (projected)
Receivables159.55 M90.81 M134.43 M179.38 M
Inventories414.64 M251.75 M241.74 M341.88 M

Forum Energy balance sheet Correlations

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0.710.710.480.550.42-0.260.13-0.040.130.10.430.410.66-0.32-0.320.330.540.210.940.490.54-0.080.23
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0.790.680.550.940.890.110.310.130.310.330.920.850.910.390.390.540.510.50.530.710.660.520.76
0.560.60.420.980.890.060.510.150.50.280.940.990.760.570.570.670.50.670.460.480.680.550.79
0.02-0.43-0.260.080.110.06-0.42-0.34-0.41-0.340.280.04-0.12-0.03-0.03-0.48-0.66-0.36-0.390.18-0.580.13-0.15
-0.020.30.130.450.310.51-0.420.161.0-0.020.210.540.30.540.540.940.60.970.340.00.610.320.28
0.10.22-0.040.140.130.15-0.340.160.120.870.090.210.20.440.440.230.510.10.0-0.230.30.470.19
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0.280.480.10.310.330.28-0.34-0.020.87-0.060.290.320.330.440.440.20.580.020.09-0.090.480.580.52
0.690.550.430.950.920.940.280.210.090.20.290.920.790.440.440.410.310.40.40.620.510.50.76
0.510.590.410.970.850.990.040.540.210.530.320.920.710.60.60.70.530.690.460.410.690.580.77
0.890.670.660.810.910.76-0.120.30.20.290.330.790.710.220.220.510.530.440.630.80.620.240.6
0.010.19-0.320.530.390.57-0.030.540.440.530.440.440.60.221.00.550.30.6-0.23-0.120.390.780.58
0.010.19-0.320.530.390.57-0.030.540.440.530.440.440.60.221.00.550.30.6-0.23-0.120.390.780.58
0.20.580.330.640.540.67-0.480.940.230.930.20.410.70.510.550.550.80.970.520.140.850.440.54
0.310.750.540.510.510.5-0.660.60.510.580.580.310.530.530.30.30.80.630.690.070.920.420.54
0.130.440.210.630.50.67-0.360.970.10.970.020.40.690.440.60.60.970.630.40.150.720.40.48
0.540.650.940.510.530.46-0.390.340.00.340.090.40.460.63-0.23-0.230.520.690.40.390.66-0.030.25
0.790.380.490.540.710.480.180.0-0.230.01-0.090.620.410.8-0.12-0.120.140.070.150.390.23-0.110.36
0.410.860.540.70.660.68-0.580.610.30.60.480.510.690.620.390.390.850.920.720.660.230.470.77
0.10.35-0.080.550.520.550.130.320.470.30.580.50.580.240.780.780.440.420.4-0.03-0.110.470.63
0.470.730.230.80.760.79-0.150.280.190.270.520.760.770.60.580.580.540.540.480.250.360.770.63
Click cells to compare fundamentals

Forum Energy Account Relationship Matchups

Forum Energy balance sheet Accounts

201720182019202020212022 (projected)
Inventories443.18 M479.02 M414.64 M251.75 M241.74 M341.88 M
Receivables212.5 M216.08 M159.55 M90.81 M134.43 M179.38 M
Accounts Payable137.68 M143.19 M98.72 M46.35 M99.38 M93.09 M
Accumulated Other Comprehensive Income(91.97 M)(115.23 M)(108.94 M)(100.39 M)(101.03 M)(109 M)
Total Assets2.2 B1.83 B1.16 B889.93 M791.34 M1.12 B
Current Assets790.38 M766.02 M665.92 M490.19 M446.73 M530.81 M
Assets Non Current1.4 B1.06 B494.08 M399.74 M344.6 M353.67 M
Cash and Equivalents115.22 M47.24 M57.91 M128.62 M46.86 M72.94 M
Cash and Equivalents USD115.22 M47.24 M57.91 M128.62 M46.86 M72.94 M
Total Debt507.91 M518.71 M449.52 M339.23 M267.98 M328.58 M
Debt Current1.16 M1.17 M717 K1.32 M860 K882.63 K
Debt Non Current506.75 M517.54 M448.8 M337.91 M267.12 M326.83 M
Total Debt USD507.91 M518.71 M449.52 M339.23 M267.98 M328.58 M
Deferred Revenue10.7 M11.54 M10.79 M9.68 M16.98 M16.81 M
Shareholders Equity1.41 B1.03 B486.04 M406.24 M329.13 M337.79 M
Shareholders Equity USD1.41 B1.03 B486.04 M406.24 M329.13 M337.79 M
Goodwill and Intangible Assets1.2 B828.7 M272.3 M240.44 M217.41 M223.13 M
Inventory443.18 M479.02 M414.64 M251.75 M241.74 M290.88 M
Total Liabilities786.21 M799.53 M673.96 M483.69 M462.21 M540.79 M
Current Liabilities216.31 M236.93 M196.85 M124.93 M175.66 M179.49 M
Liabilities Non Current569.91 M562.6 M477.11 M358.76 M286.55 M361.3 M
Trade and Non Trade Payables137.68 M143.19 M98.72 M46.35 M99.38 M94.43 M
Property Plant and Equipment Net197.28 M177.36 M203.52 M145.19 M119.44 M132.9 M
Trade and Non Trade Receivables212.5 M216.08 M159.55 M90.81 M134.43 M152.3 M
Accumulated Retained Earnings Deficit438.77 M63.69 M(503.37 M)(601.66 M)(684.31 M)(702.32 M)
Tax Assets3.34 M1.23 M654 K102 K203 K208.34 K
Tax Liabilities31.23 M15.3 M2.46 M1.95 M834 K855.95 K

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Please check Investing Opportunities. Note that the Forum Energy Technologies information on this page should be used as a complementary analysis to other Forum Energy's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Aroon Oscillator module to analyze current equity momentum using Aroon Oscillator and other momentum ratios.

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When running Forum Energy Technologies 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 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.
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Is Forum Energy's industry 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 Energy. 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 Energy listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Market Capitalization
147.5 M
Quarterly Revenue Growth YOY
0.25
Return On Assets
-0.0162
Return On Equity
-0.0929
The market value of Forum Energy Technologies 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 Energy's value that differs from its market value or its book value, called intrinsic value, which is Forum Energy'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 Energy's market value can be influenced by many factors that don't directly affect Forum Energy'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 Energy's value and its price as these two are different measures arrived at by different means. Investors typically determine Forum Energy value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forum Energy'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.