Forian Balance Sheet Health
Financial Health criteria checks 5/6
Forian has a total shareholder equity of $26.9M and total debt of $24.4M, which brings its debt-to-equity ratio to 90.6%. Its total assets and total liabilities are $57.5M and $30.6M respectively.
Key information
90.6%
Debt to equity ratio
US$24.37m
Debt
| Interest coverage ratio | n/a |
| Cash | US$49.36m |
| Equity | US$26.89m |
| Total liabilities | US$30.62m |
| Total assets | US$57.51m |
Recent financial health updates
Recent updates
The Consensus EPS Estimates For Forian Inc. (NASDAQ:FORA) Just Fell A Lot
Aug 18
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 ($55.8M) exceed its short term liabilities ($30.1M).
Long Term Liabilities: FORA's short term assets ($55.8M) exceed its long term liabilities ($518.1K).
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.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FORA has sufficient cash runway for more than 3 years based on its current free cash flow.
Forecast Cash Runway: FORA has sufficient cash runway for more than 3 years if free cash flow continues to grow at historical rates of 23.1% each year