Forian Balance Sheet Health
Financial Health criteria checks 3/6
Forian has a total shareholder equity of $26.2M and total debt of $24.9M, which brings its debt-to-equity ratio to 95%. Its total assets and total liabilities are $58.9M and $32.7M respectively.
Key information
95.0%
Debt to equity ratio
US$24.87m
Debt
Interest coverage ratio | n/a |
Cash | US$48.34m |
Equity | US$26.18m |
Total liabilities | US$32.71m |
Total assets | US$58.89m |
Recent financial health updates
Recent updates
Forian (NASDAQ:FORA) Posted Healthy Earnings But There Are Some Other Factors To Be Aware Of
Apr 05Unpleasant Surprises Could Be In Store For Forian Inc.'s (NASDAQ:FORA) Shares
Apr 03Is Forian (NASDAQ:FORA) Using Too Much Debt?
Feb 27Investors Give Forian Inc. (NASDAQ:FORA) Shares A 28% Hiding
May 05Forian to become a part of Russell 3000® Index
Jun 07Financial Position Analysis
Short Term Liabilities: FORA's short term assets ($57.3M) exceed its short term liabilities ($6.8M).
Long Term Liabilities: FORA's short term assets ($57.3M) exceed its long term liabilities ($25.9M).
Debt to Equity History and Analysis
Debt Level: FORA has more cash than its total debt.
Reducing Debt: Insufficient data to determine if FORA's debt to equity ratio has reduced over the past 5 years.
Debt Coverage: FORA's debt is not well covered by operating cash flow (2.9%).
Interest Coverage: Insufficient data to determine if FORA's interest payments on its debt are well covered by EBIT.