Forian Other Assets from 2010 to 2024

FORA Stock  USD 2.06  0.04  1.90%   
Forian's Other Assets are decreasing over the years with slightly volatile fluctuation. Other Assets are expected to dwindle to about 227.9 K. From 2010 to 2024 Forian Other Assets quarterly data regression line had arithmetic mean of  299,089 and r-squared of  0.49. View All Fundamentals
 
Other Assets  
First Reported
2010-12-31
Previous Quarter
229.8 K
Current Value
227.9 K
Quarterly Volatility
32.3 K
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 91.5 K, Interest Expense of 446.7 K or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0 or PTB Ratio of 3.76. Forian financial statements analysis is a perfect complement when working with Forian Valuation or Volatility modules.
  
Check out the analysis of Forian Correlation against competitors.

Latest Forian's Other Assets Growth Pattern

Below is the plot of the Other Assets of Forian Inc over the last few years. It is Forian's Other Assets historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forian's overall financial position and show how it may be relating to other accounts over time.
Other Assets10 Years Trend
Slightly volatile
   Other Assets   
       Timeline  

Forian Other Assets Regression Statistics

Arithmetic Mean299,089
Geometric Mean297,244
Coefficient Of Variation10.80
Mean Deviation24,566
Median314,443
Standard Deviation32,308
Sample Variance1B
Range86.5K
R-Value(0.70)
Mean Square Error578.5M
R-Squared0.49
Significance0
Slope(5,033)
Total Sum of Squares14.6B

Forian Other Assets History

2024227.9 K
2023229.8 K
2022255.3 K

About Forian Financial Statements

Forian stakeholders use historical fundamental indicators, such as Forian's Other Assets, to determine how well the company is positioned to perform in the future. Although Forian investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forian's assets and liabilities are reflected in the revenues and expenses on Forian's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forian Inc. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Other Assets229.8 K227.9 K

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Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Forian Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forian's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forian Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forian Inc Stock:
Check out the analysis of Forian Correlation against competitors.
You can also try the Options Analysis module to analyze and evaluate options and option chains as a potential hedge for your portfolios.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.649
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.06)
Return On Equity
0.0563
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.