Forbes Energy Services Goodwill

Forbes Energy Services posts a goodwill of $0 as of March 2020. That compares with $20M in the prior-year period — down 100.0% year over year. Comparing that reading with peers and prior periods is usually more useful than looking at the number in isolation.

In the prior comparable period, Forbes Energy Services's goodwill was $20M. The latest reading is $0 — a 100.0% year-over-year decrease (period ending March 2020). Use the history and growth charts on this page for a longer lookback.

Goodwill is one piece of Forbes Energy Services's financial statement story. At $0, it should be interpreted next to related metrics — for example revenue with costs, assets with liabilities, or income with margins. Stockcircle links those related pages so you can move from this number to the surrounding context quickly.

Context for FLSS's goodwill usually means three checks: (1) trend versus prior periods, (2) level versus peers, and (3) consistency with growth and profitability. This page covers the first two; Forbes Energy Services's other metric pages and overview cover the third.