Forian Total Assets from 2010 to 2024

FORA Stock  USD 2.06  0.04  1.98%   
Forian's Total Assets are increasing over the years with slightly volatile fluctuation. Total Assets are expected to dwindle to about 38.4 M. Total Assets is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. View All Fundamentals
 
Total Assets  
First Reported
2010-12-31
Previous Quarter
58.9 M
Current Value
38.4 M
Quarterly Volatility
23 M
 
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 Total Assets Growth Pattern

Below is the plot of the Total Assets of Forian Inc over the last few years. Total assets refers to the total amount of Forian assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Forian Inc books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. It is the total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets. Forian's Total 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.
ViewLast Reported 58.89 M10 Years Trend
Slightly volatile
   Total Assets   
       Timeline  

Forian Total Assets Regression Statistics

Arithmetic Mean14,318,192
Geometric Mean1,063,829
Coefficient Of Variation160.56
Mean Deviation19,087,377
Median179,045
Standard Deviation22,989,231
Sample Variance528.5T
Range58.7M
R-Value0.77
Mean Square Error228.1T
R-Squared0.60
Significance0.0007
Slope3,979,470
Total Sum of Squares7399.1T

Forian Total Assets History

202438.4 M
202358.9 M
202246.3 M
202156.8 M
202012.6 M

Other Fundumenentals of Forian Inc

Forian Total Assets component correlations

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0.860.73-0.38-0.960.270.760.920.85-0.740.840.840.75-0.820.840.910.990.96-0.480.54-0.73
-0.93-0.840.24-0.96-0.44-0.85-0.96-0.920.86-0.89-0.93-0.860.76-0.93-0.98-0.98-0.990.59-0.670.77
0.650.720.710.27-0.440.280.570.66-0.720.550.70.430.250.70.40.280.470.010.03-0.02
0.820.83-0.190.76-0.850.280.780.82-0.820.880.810.98-0.750.810.920.80.81-0.880.81-0.96
0.980.9-0.130.92-0.960.570.780.98-0.850.930.950.84-0.610.950.940.920.98-0.480.51-0.67
1.00.970.020.85-0.920.660.820.98-0.90.970.970.89-0.520.970.930.850.94-0.520.49-0.69
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-0.51-0.540.34-0.480.590.01-0.88-0.48-0.520.53-0.59-0.5-0.840.7-0.5-0.73-0.53-0.54-0.920.92
0.50.46-0.370.54-0.670.030.810.510.49-0.560.490.540.76-0.740.540.750.610.61-0.92-0.82
-0.69-0.680.42-0.730.77-0.02-0.96-0.67-0.690.64-0.78-0.65-0.910.85-0.65-0.86-0.76-0.720.92-0.82
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About Forian Financial Statements

Forian stakeholders use historical fundamental indicators, such as Forian's Total 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
Total Assets58.9 M38.4 M
Intangibles To Total Assets 0.02  0.02 

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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 Premium Stories module to follow Macroaxis premium stories from verified contributors across different equity types, categories and coverage scope.
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.