Formcap (Formcap) Total Liabilities : $0.68 Mil (As of Jun. 2017)

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What is Formcap Total Liabilities?

Formcap's Total Liabilities for the quarter that ended in Jun. 2017 was $0.68 Mil.

Formcap's quarterly Total Liabilities stayed the same from Sep. 2016 ($0.68 Mil) to Mar. 2017 ($0.68 Mil) and stayed the same from Mar. 2017 ($0.68 Mil) to Jun. 2017 ($0.68 Mil).

Formcap's annual Total Liabilities declined from Dec. 2012 ($0.81 Mil) to Dec. 2013 ($0.59 Mil) but then increased from Dec. 2013 ($0.59 Mil) to Dec. 2014 ($0.67 Mil).

Formcap Total Liabilities Historical Data

The historical data trend for Formcap's Total Liabilities 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.

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Formcap Total Liabilities Chart

Formcap Annual Data

Trend

Dec07

Dec08

Dec09

Dec10

Dec11

Dec12

Dec13

Dec14

Total Liabilities

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1.30

0.76

0.81

0.59

0.67

Formcap Quarterly Data
	Mar12	Jun12	Sep12	Dec12	Mar13	Jun13	Sep13	Dec13	Mar14	Jun14	Sep14	Dec14	Mar15	Jun15	Sep15	Mar16	Jun16	Sep16	Mar17	Jun17
Total Liabilities	Get a 7-Day Free Trial															0.68	0.68	0.68	0.68	0.68

Formcap Total Liabilities Calculation

Total Liabilities are the liabilities that the company has to pay others. It is a part of the balance sheet of a company that shareholders do not own, and would be obligated to pay back if the company liquidated.

Formcap's Total Liabilities for the fiscal year that ended in Dec. 2014 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.665	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.67

Total Liabilities	=	Total Assets (A: Dec. 2014 )	-	Total Equity (A: Dec. 2014 )
	=	0.015	-	-0.649
	=	0.66

Formcap's Total Liabilities for the quarter that ended in Jun. 2017 is calculated as

Total Liabilities	=	Total Current Liabilities	+	Total Noncurrent Liabilities
	=	Total Current Liabilities	+	(Long-Term Debt & Capital Lease Obligation	+	Other Long-Term Liabilities
	=	0.679	+	(0	+	0
	+	NonCurrent Deferred Liabilities	+	PensionAndRetirementBenefit)
	+	0	+	0)
	=	0.68

Total Liabilities	=	Total Assets (Q: Jun. 2017 )	-	Total Equity (Q: Jun. 2017 )
	=	0.015	-	-0.664
	=	0.68

Formcap Total Liabilities Related Terms

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Formcap (Formcap) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Formcap Corp (GREY:FRMC) » Definitions » Total Liabilities

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.

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