Formcap (Formcap) Debt-to-Equity : -0.47 (As of Jun. 2017)

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What is Formcap Debt-to-Equity?

Formcap's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.32 Mil. Formcap's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Jun. 2017 was $0.00 Mil. Formcap's Total Stockholders Equity for the quarter that ended in Jun. 2017 was $-0.66 Mil. Formcap's debt to equity for the quarter that ended in Jun. 2017 was -0.47.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Formcap's Debt-to-Equity or its related term are showing as below:

FRMC's Debt-to-Equity is not ranked ^*
in the Oil & Gas industry.
Industry Median: 0.45
* Ranked among companies with meaningful Debt-to-Equity only.

Formcap Debt-to-Equity Historical Data

The historical data trend for Formcap's Debt-to-Equity can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Formcap Debt-to-Equity Chart

Formcap Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Debt-to-Equity

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-0.49

-0.10

-0.50

-0.45

Formcap Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Mar17	Jun17
Debt-to-Equity	Get a 7-Day Free Trial															-0.47	-0.47	-0.47	-0.47	-0.47

Competitive Comparison of Formcap's Debt-to-Equity

For the Oil & Gas E&P subindustry, Formcap's Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Formcap's Debt-to-Equity Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Formcap's Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Formcap's Debt-to-Equity falls into.

Formcap Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Formcap's Debt to Equity Ratio for the fiscal year that ended in Dec. 2014 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.291	+	0)	/	-0.649
	=	-0.45

Formcap's Debt to Equity Ratio for the quarter that ended in Jun. 2017 is calculated as

Debt to Equity	=	Total Debt			/	Total Stockholders Equity
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Total Stockholders Equity
	=	(0.315	+	0)	/	-0.664
	=	-0.47

Formcap (GREY:FRMC) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.

Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.

Formcap Debt-to-Equity Related Terms

Thank you for viewing the detailed overview of Formcap's Debt-to-Equity provided by GuruFocus.com. Please click on the following links to see related term pages.

Formcap (Formcap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formcap Corp (GREY:FRMC) » Definitions » Debt-to-Equity

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 West Liberty Street, Suite 880, Reno, NV, USA, 89501

Website

http://www.formcapcorp.com

Formcap Corp is an emerging oil and gas exploration and development company. The company's primary focus is the discovery and development of light crude oil in the lower US states, primarily targeting the Mississippian formation in southeast Kansas.

Formcap (Formcap) Headlines

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