Forbes Energy Services Ltd.: 10-Q filed 2011-08-15
What Forbes Energy Services Ltd. reported in its quarterly report filed 2011-08-15 (fiscal Q2 2011): 34 published measures, 108 facts as tagged in accession 0001193125-11-223387.
This filing
- Form
- 10-Q (quarterly report)
- Filed
- 2011-08-15
- Fiscal period
- fiscal Q2 2011
- Accession
- 0001193125-11-223387 on SEC EDGAR
Values are as tagged in this filing. A later filing can restate them; a measure with a published history links to it, and the history shows the latest-filed value per period. All Forbes Energy Services Ltd. filings.
Reported measures
Total assets
Resources recognized on the balance sheet. Book assets are not the market value of the business.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 502,337,903 | USD | |
| At 2010-12-31 | 451,829,867 | USD |
Total liabilities
Recognized obligations at the reporting date. The definition and scope differ from interest-bearing debt.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 372,760,904 | USD | |
| At 2010-12-31 | 299,764,177 | USD |
Stockholders equity
The reported residual interest after liabilities. It is an accounting amount, not market capitalization.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 115,120,956 | USD | |
| At 2010-12-31 | 136,795,397 | USD |
Cash and cash equivalents
Cash and qualifying short-term liquid investments under the filer’s accounting policy. Restricted cash and longer-term investments may be reported separately.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 34,919,364 | USD | |
| At 2011-03-31 | 21,695,607 | USD | |
| At 2010-12-31 | 30,458,457 | USD | |
| At 2010-06-30 | 16,509,774 | USD | |
| At 2010-03-31 | 12,577,546 | USD | |
| At 2009-12-31 | 28,425,367 | USD |
Net income or loss
Reported profit or loss for the period. Check the filing for attribution, exceptional items and discontinued operations before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -24,694,702 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -22,790,184 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -2,241,346 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -10,412,862 | USD | 181 |
Operating cash flow
Cash generated or used by operating activities. Working-capital timing can make this differ substantially from reported income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -23,549,067 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -22,921,860 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -203,097 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -12,581,040 | USD | 181 |
Capital expenditure payments
Cash payments to acquire property, plant and equipment. This taxonomy concept does not capture every form of investment or acquisition.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 21,730,077 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 23,678,077 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 1,512,468 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 3,244,749 | USD | 181 |
Financing cash flow
Net cash from financing activities, including borrowing, repayments and transactions with owners. A positive amount does not establish operating profitability.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 58,036,187 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 57,524,517 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 5,661,087 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 3,938,508 | USD | 181 |
Investing cash flow
Net cash from investing activities, including asset purchases, disposals and investment transactions. This differs from capital expenditure payments alone.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -21,294,400 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -30,236,185 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -1,525,762 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -3,273,061 | USD | 181 |
Retained earnings or deficit
Accumulated undistributed earnings or deficit at the reporting date. This balance is not cash available for distribution.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | -72,309,490 | USD | |
| At 2010-12-31 | -49,519,306 | USD |
Income tax expense or benefit
Current and deferred income tax expense or benefit for continuing operations. This accounting expense differs from cash taxes paid.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -11,310,470 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -10,033,424 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -1,812,826 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -5,813,434 | USD | 181 |
Net property, plant and equipment
Carrying amount of property, plant and equipment after accumulated depreciation, depletion and amortization. It is not replacement cost or market value.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 281,583,398 | USD | |
| At 2010-12-31 | 274,231,466 | USD |
Share-based compensation expense
Reported noncash expense for share-based payment arrangements. Noncash treatment does not mean the awards have no economic cost to shareholders.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 570,402 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 1,348,278 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 622,419 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 1,244,839 | USD | 181 |
Operating income or loss
Operating revenue less operating expenses for the reporting period. It excludes items outside the reported operating result and is not free cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 6,135,353 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 16,241,253 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 2,838,694 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -2,393,944 | USD | 181 |
Current assets
Assets classified as current under the normal operating cycle or one-year boundary. Not all current assets can be converted immediately into cash.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 164,914,503 | USD | |
| At 2010-12-31 | 125,877,014 | USD |
Interest expense
Borrowing costs recognized as interest expense. This is distinct from cash interest paid and may not include every capitalized borrowing cost.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 6,815,390 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 13,758,167 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 6,907,371 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 13,841,586 | USD | 181 |
Current liabilities
Obligations classified as current under the operating-cycle or one-year boundary. The balance includes more than short-term borrowing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 72,320,294 | USD | |
| At 2010-12-31 | 57,164,153 | USD |
Current accounts payable
Current amounts owed to suppliers for goods and services received. This is one component of current liabilities, not all accrued obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 40,888,066 | USD | |
| At 2010-12-31 | 20,719,691 | USD |
Net current accounts receivable
Current customer receivables after the allowance for credit loss. The balance is not cash collected or a guarantee of collection.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 119,790,552 | USD | |
| At 2010-12-31 | 85,682,475 | USD |
Operating expenses
Recurring operating costs under this accounting concept, generally excluding production costs included in cost of sales. Check filing presentation before combining expense subtotals.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 120,917,876 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 217,775,629 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 77,205,094 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 149,701,459 | USD | 181 |
Common shares outstanding
Common shares outstanding at the reporting date. This point-in-time count differs from the weighted-average shares used for earnings per share and can exclude other share classes.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 20,918,400 | shares | |
| At 2010-12-31 | 20,918,400 | shares |
Additional paid-in capital
Capital contributed above par value under this concept. It records historical contributions, not the current value of the equity or cash on hand.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 186,684,957 | USD | |
| At 2010-12-31 | 185,134,992 | USD |
Accumulated other comprehensive income or loss
Cumulative other comprehensive items after tax, such as translation and unrealized hedging or securities effects. These amounts have not passed through net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | -91,248 | USD | |
| At 2010-12-31 | 342,974 | USD |
Net intangible assets excluding goodwill
Intangible assets other than goodwill after amortization and impairment. Internally developed intangibles are usually not recognized, so this understates what a company relies on.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 32,306,987 | USD | |
| At 2010-12-31 | 33,737,585 | USD |
Other noncurrent assets
Noncurrent assets the filer does not present separately. The composition differs by filer and is described only in the filing.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 47,167 | USD | |
| At 2010-12-31 | 33,036 | USD |
Accrued current liabilities
Current obligations accrued for goods and services received but not yet invoiced or paid. This is one component of current liabilities, not all short-term obligations.
| Period | Value | Unit | Days |
|---|---|---|---|
| At 2011-06-30 | 22,292,966 | USD | |
| At 2010-12-31 | 12,595,848 | USD |
Comprehensive income or loss
Net income plus other comprehensive income after tax. It includes unrealized items that net income excludes and is not a cash measure.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -24,667,338 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -23,224,406 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -2,241,346 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -10,412,862 | USD | 181 |
Net income available to common stockholders
Net income after preferred dividends and similar adjustments, the numerator for basic earnings per share. It can be lower than reported net income.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -23,610,431 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -22,588,497 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -2,305,303 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -10,476,819 | USD | 181 |
General and administrative expense
General and administrative costs reported under this concept, separate from selling expense. Filers group overhead differently, so compare presentation before comparing companies.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 13,907,608 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 19,824,128 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 6,552,668 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 12,211,812 | USD | 181 |
Depreciation expense
Depreciation recognized for the period under this concept. It is a noncash allocation of asset cost and may exclude amortization and depletion reported elsewhere.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 9,287,547 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 18,681,709 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 9,198,729 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 18,407,494 | USD | 181 |
Depreciation, depletion and amortization
Combined depreciation, depletion and amortization for the period. A noncash allocation of asset cost, not a measure of maintenance spending.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 10,002,846 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 20,112,307 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 9,914,028 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 19,838,092 | USD | 181 |
Nonoperating income or expense
Total nonoperating income or expense, which can include interest, investment results and other items. A positive value is not operating profit.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 68,561 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 68,836 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -16,511 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -108,266 | USD | 181 |
Deferred income tax expense or benefit
The deferred portion of income tax expense or benefit, arising from timing differences. It is not tax paid in the period.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | -12,264,430 | USD | 91 |
| 2011-01-01 to 2011-06-30 | -11,386,772 | USD | 181 |
| 2010-04-01 to 2010-06-30 | -1,627,202 | USD | 91 |
| 2010-01-01 to 2010-06-30 | -5,813,434 | USD | 181 |
Change in accounts receivable
The cash flow adjustment for the change in receivables during the period. A positive value under this concept means receivables grew and reduced operating cash flow.
| Period | Value | Unit | Days |
|---|---|---|---|
| 2011-04-01 to 2011-06-30 | 19,154,737 | USD | 91 |
| 2011-01-01 to 2011-06-30 | 34,136,263 | USD | 181 |
| 2010-04-01 to 2010-06-30 | 17,459,014 | USD | 91 |
| 2010-01-01 to 2010-06-30 | 28,214,913 | USD | 181 |
Inspect the source
- Entity
- Forbes Energy Services Ltd. / CIK 0001434842
- Captured
- SEC response SHA-256
a2d973c59b79e30ca9770633f87c38c46a05c56035c2bbc80f9eaf4c5b943422
Current SEC company facts · Download the original response snapshot (gzip) · Download the selected JSON
Every published concept a filing tagged, with the periods it covered, as reported in that filing at capture time. Forms 10-K, 10-K/A, 10-Q, 10-Q/A, 20-F, 20-F/A, 40-F, 40-F/A. A filing page needs at least 8 published concepts. Later filings can restate these values; the company history pages show the latest-filed value per period.
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import json
from urllib.request import urlopen
with urlopen("https://canlicapital.com/company-data/0001434842.json") as response:
record = json.load(response)
print(record["fetched_at"])
print(record["policy"])
for concept in record["concepts"]:
print(concept["tag"], next(iter(concept["observations"])))