Forum Energy Technologies, Inc. financial data

Symbol
FET on NYSE
Industry
Oil & Gas Field Machinery & Equipment
Location
10344 Sam Houston Park Drive, Suite 300, Houston, TX
State of incorporation
Delaware
Fiscal year end
December 31
Former names
FORUM OILFIELD TECHNOLOGIES INC (to 2/11/2008)
Latest financial report
10-Q - Q2 2024 - Aug 2, 2024

Key Ratios

Label TTM Value / Value Unit Change %
Current Ratio 266 % +5.82%
Quick Ratio 150 % +8.61%
Debt-to-equity 112 % -13.3%
Return On Equity -0.97 % +96.2%
Return On Assets -2.83 % -266%
Operating Margin 2.41 % -40.7%

Shares

Label TTM Value / Value Unit Change %
Entity Common Stock, Shares Outstanding 12.3M shares +21.1%
Entity Public Float 246M USD +170%
Common Stock, Value, Issued 130K USD +19.3%
Weighted Average Number of Shares Outstanding, Basic 12.3M shares +20.8%
Weighted Average Number of Shares Outstanding, Diluted 12.3M shares +20.8%

Income Statement

Label TTM Value / Value Unit Change %
Revenue from Contract with Customer, Excluding Assessed Tax 772M USD +3.37%
Operating Income (Loss) 18.6M USD -38.7%
Nonoperating Income (Expense) -32M USD -10.4%
Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest -13.4M USD -1110%
Income Tax Expense (Benefit) 12.4M USD +60.3%
Net Income (Loss) Attributable to Parent -25.8M USD -302%
Earnings Per Share, Basic -2.26 USD/shares -606%
Earnings Per Share, Diluted -2.26 USD/shares -2155%

Balance Sheet

Label TTM Value / Value Unit Change %
Cash and Cash Equivalents, at Carrying Value 31.8M USD +28.6%
Accounts Receivable, after Allowance for Credit Loss, Current 164M USD -2.84%
Inventory, Net 291M USD -3.77%
Assets, Current 521M USD -3.01%
Deferred Income Tax Assets, Net 132K USD -85.6%
Property, Plant and Equipment, Net 86.2M USD -10.4%
Operating Lease, Right-of-Use Asset 52.5M USD -6.29%
Intangible Assets, Net (Excluding Goodwill) 250M USD +38.9%
Goodwill 62.7M USD
Other Assets, Noncurrent 2.76M USD -54.3%
Assets 977M USD +15.8%
Accounts Payable, Current 111M USD -18.6%
Accrued Liabilities, Current 61.9M USD +6.43%
Liabilities, Current 194M USD -7.66%
Deferred Income Tax Liabilities, Net 26.5M USD +1270%
Operating Lease, Liability, Noncurrent 57.5M USD -9.09%
Other Liabilities, Noncurrent 10.3M USD -8.44%
Liabilities 535M USD +26%
Accumulated Other Comprehensive Income (Loss), Net of Tax -115M USD +0.1%
Retained Earnings (Accumulated Deficit) -716M USD -3.74%
Stockholders' Equity Attributable to Parent 442M USD +5.42%
Stockholders' Equity, Including Portion Attributable to Noncontrolling Interest 303M USD -12.5%
Liabilities and Equity 977M USD +15.8%

Popular Metrics

Label TTM Value / Value Unit Change %
Net Cash Provided by (Used in) Operating Activities 5.02M USD
Net Cash Provided by (Used in) Financing Activities 152M USD +684%
Net Cash Provided by (Used in) Investing Activities -153M USD -18559%
Common Stock, Shares Authorized 14.8M shares 0%
Common Stock, Shares, Issued 13M shares +19.7%
Common Stock, Par or Stated Value Per Share 0.01 USD/shares 0%
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect 2.32M USD
Cash, Cash Equivalents, Restricted Cash and Restricted Cash Equivalents 31.8M USD +28.6%
Deferred Tax Assets, Valuation Allowance 232M USD +11.4%
Deferred Tax Assets, Gross 246M USD +10.7%
Operating Lease, Liability 70.7M USD -3.75%
Depreciation 4.07M USD +58.4%
Payments to Acquire Property, Plant, and Equipment 2.91M USD +169%
Lessee, Operating Lease, Liability, to be Paid 91M USD -6.78%
Operating Lease, Liability, Current 9.2M USD +4.83%
Lessee, Operating Lease, Liability, to be Paid, Year Two 12.7M USD +9.3%
Lessee, Operating Lease, Liability, to be Paid, Year One 13.3M USD +2.23%
Operating Lease, Weighted Average Discount Rate, Percent 0.07 pure 0%
Lessee, Operating Lease, Liability, Undiscounted Excess Amount 20.4M USD -15.9%
Lessee, Operating Lease, Liability, to be Paid, Year Three 11.7M USD +6.16%
Unrecognized Tax Benefits 10.9M USD +3.72%
Lessee, Operating Lease, Liability, to be Paid, Year Four 11.1M USD +8.88%
Additional Paid in Capital 1.42B USD +3.54%
Amortization of Intangible Assets 9.77M USD +62.3%