Forian Financials

FORA Stock  USD 2.08  0.01  0.48%   
Based on the analysis of Forian's profitability, liquidity, and operating efficiency, Forian Inc may be sliding down financialy. It has an above-average probability of going through some form of financial hardship next quarter. At present, Forian's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 6 M, whereas Total Assets are forecasted to decline to about 41 M.
 
Covid
 
Interest Hikes

Forian Balance Sheet Chart

At present, Forian's Total Current Liabilities is projected to increase significantly based on the last few years of reporting. The current year's Cash is expected to grow to about 6 M, whereas Total Assets are forecasted to decline to about 41 M.
Key indicators impacting Forian's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio3.982.41
Way Up
Slightly volatile
The financial analysis of Forian is a critical element in measuring its lifeblood. Investors should carefully consider Forian's ability to pay suppliers or employees on time, ensuring interest payments are not accumulating.

Net Income

(4.55 Million)

  
Build AI portfolio with Forian Stock
Understanding current and past Forian Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Forian's financial statements are interrelated, with each one affecting the others. For example, an increase in Forian's assets may result in an increase in income on the income statement.
Please note, the presentation of Forian's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Forian's management is honest, while the outside auditors are strict and uncompromising. Please utilize our Beneish M Score to check the likelihood of Forian's management manipulating its earnings.

Forian Stock Summary

Forian competes with Heartbeam, OneMedNet Corp, American Well, Great Elm, and Nasus Pharma. Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. In addition, the company offers security monitoring and web marketing services. Forian operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 138 people.
Specialization
Health Care, Health Care Equipment & Services
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINUS34630N1063
Business Address41 University Drive,
SectorHealth Care Equipment & Supplies
IndustryHealth Care
BenchmarkDow Jones Industrial
Websiteforian.com
Phone267 225 6263
CurrencyUSD - US Dollar

Forian Key Financial Ratios

Forian Key Balance Sheet Accounts

202120222023202420252026 (projected)
Total Assets56.8M46.3M60.9M47.2M54.2M41.0M
Other Current Liab4.4M5.4M4.4M4.4M5.1M3.6M
Net Debt6.5M22.7M17.0M2.1M2.4M2.3M
Retained Earnings(32.8M)(58.8M)(46.1M)(49.9M)(44.9M)(47.2M)
Accounts Payable1.1M316.1K161.6K982.7K1.1M593.9K
Cash18.7M2.8M6.0M4.6M5.3M6.0M
Other Current Assets900.2K2.7M1.1M2.8M3.2M3.4M
Total Liab31.7M33.8M33.2M17.1M19.7M21.6M
Net Invested Capital49.4M37.5M51.0M36.8M42.3M34.1M
Total Current Assets36.0M26.9M58.4M44.5M51.1M32.7M
Capital Stock31.8K32.3K30.9K31.0K35.7K28.4K
Net Working Capital29.2M18.6M50.4M27.9M32.0M25.1M
Common Stock31.8K32.3K30.9K31.0K35.7K28.4K
Net Receivables3.0M4.1M9.0M6.6M7.5M5.0M

Forian Key Income Statement Accounts

202120222023202420252026 (projected)
Interest Expense322.4K846.1K834.8K708.9K815.3K497.2K
Gross Profit12.2M11.4M15.0M12.8M14.7M9.5M
Operating Income(27.6M)(19.0M)(5.6M)(7.0M)(6.3M)(6.6M)
Ebit(26.2M)(18.3M)2.7M(3.0M)(3.4M)(3.6M)
Research Development9.0M4.0M1.4M1.4M1.3M2.6M
Ebitda(24.0M)(18.3M)2.8M(2.9M)(3.3M)(3.5M)
Cost Of Revenue4.7M5.0M5.5M7.3M8.4M8.9M
Income Before Tax(26.5M)(19.2M)1.8M(3.7M)(4.3M)(4.5M)
Net Income(26.6M)(26.0M)11.1M(3.8M)(4.3M)(4.6M)
Income Tax Expense22.5K24.0K85.7K66.6K76.6K80.4K
Tax Provision22.5K24.0K163.3K66.6K76.6K60.8K
Net Interest Income(315.6K)(606.2K)951.4K1.7M2.0M2.1M
Interest Income6.8K267.1K1.8M2.4M2.8M2.9M
Total Revenue16.9M16.4M20.5M20.2M23.2M16.4M

Forian Key Cash Accounts

202120222023202420252026 (projected)
Investments(893.1K)(6.5M)3.9M17.3M19.9M20.9M
Change In Cash18.0M(15.1M)3.2M(1.5M)(1.3M)(1.2M)
Free Cash Flow(18.7M)(8.6M)653.3K282.8K325.3K341.5K
Depreciation2.2M67.2K96.3K85.4K76.8K73.0K
Other Non Cash Items(9.9K)(2.3M)(7.4M)(3.0M)(2.7M)(2.8M)
Capital Expenditures1.4M47.7K75.5K3.02.72.57
Net Income(26.6M)(19.2M)1.7M(3.8M)(4.3M)(4.6M)
End Period Cash Flow18.7M2.8M6.0M4.6M5.3M6.0M

Forian Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Forian's current stock value. Our valuation model uses many indicators to compare Forian value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forian competition to find correlations between indicators driving Forian's intrinsic value. More Info.
Forian Inc is one of the top stocks in return on equity category among its peers. It is rated # 2 in return on asset category among its peers . At present, Forian's Return On Equity is projected to drop slightly based on the last few years of reporting. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forian's earnings, one of the primary drivers of an investment's value.
Most indicators from Forian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forian Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forian Inc. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real.
At present, Forian's Selling General Administrative is projected to increase significantly based on the last few years of reporting. The current year's Sales General And Administrative To Revenue is expected to grow to 1.43, whereas Tax Provision is forecasted to decline to about 60.8 K.
 2023 2024 2025 2026 (projected)
Total Operating Expenses20.6M19.8M22.8M21.5M
Cost Of Revenue5.5M7.3M8.4M8.9M

Forian fundamental ratios Correlations

0.730.970.80.95-0.170.450.67-0.940.780.780.640.670.970.920.810.910.70.80.970.951.00.550.810.970.98
0.730.680.320.620.360.490.71-0.640.560.630.710.490.670.830.390.60.810.390.650.770.760.680.40.650.77
0.970.680.830.9-0.290.380.71-0.980.750.70.690.810.920.880.820.870.680.870.980.950.970.630.850.930.96
0.80.320.830.85-0.380.120.29-0.860.770.510.310.670.80.730.90.80.180.970.870.680.780.240.90.820.84
0.950.620.90.85-0.120.370.44-0.870.870.710.440.560.980.920.820.940.480.80.960.810.940.330.790.980.95
-0.170.36-0.29-0.38-0.120.46-0.30.360.20.210.12-0.44-0.190.09-0.34-0.30.0-0.44-0.28-0.21-0.140.07-0.57-0.23-0.09
0.450.490.380.120.370.460.18-0.240.540.90.730.010.330.360.180.10.560.070.290.480.480.59-0.110.310.39
0.670.710.710.290.44-0.30.18-0.720.160.360.690.730.570.570.390.560.890.440.620.820.670.740.570.580.62
-0.94-0.64-0.98-0.86-0.870.36-0.24-0.72-0.69-0.6-0.61-0.84-0.89-0.86-0.81-0.88-0.62-0.92-0.97-0.93-0.93-0.57-0.92-0.91-0.95
0.780.560.750.770.870.20.540.16-0.690.750.510.470.760.850.690.670.280.710.790.620.780.380.540.760.84
0.780.630.70.510.710.210.90.36-0.60.750.740.260.70.650.540.510.660.440.650.760.80.580.320.680.71
0.640.710.690.310.440.120.730.69-0.610.510.740.620.450.570.370.290.810.420.560.770.660.980.280.450.63
0.670.490.810.670.56-0.440.010.73-0.840.470.260.620.560.660.630.590.480.820.770.720.650.690.790.60.73
0.970.670.920.80.98-0.190.330.57-0.890.760.70.450.560.90.80.970.590.770.960.870.970.350.821.00.94
0.920.830.880.730.920.090.360.57-0.860.850.650.570.660.90.720.870.580.740.920.820.910.510.720.90.97
0.810.390.820.90.82-0.340.180.39-0.810.690.540.370.630.80.720.780.320.880.840.720.790.30.850.810.82
0.910.60.870.80.94-0.30.10.56-0.880.670.510.290.590.970.870.780.50.780.930.80.90.220.880.980.9
0.70.810.680.180.480.00.560.89-0.620.280.660.810.480.590.580.320.50.280.570.850.720.780.350.590.62
0.80.390.870.970.8-0.440.070.44-0.920.710.440.420.820.770.740.880.780.280.890.730.780.390.940.790.85
0.970.650.980.870.96-0.280.290.62-0.970.790.650.560.770.960.920.840.930.570.890.90.960.490.880.970.98
0.950.770.950.680.81-0.210.480.82-0.930.620.760.770.720.870.820.720.80.850.730.90.960.710.750.880.91
1.00.760.970.780.94-0.140.480.67-0.930.780.80.660.650.970.910.790.90.720.780.960.960.560.780.970.97
0.550.680.630.240.330.070.590.74-0.570.380.580.980.690.350.510.30.220.780.390.490.710.560.270.350.56
0.810.40.850.90.79-0.57-0.110.57-0.920.540.320.280.790.820.720.850.880.350.940.880.750.780.270.840.82
0.970.650.930.820.98-0.230.310.58-0.910.760.680.450.61.00.90.810.980.590.790.970.880.970.350.840.95
0.980.770.960.840.95-0.090.390.62-0.950.840.710.630.730.940.970.820.90.620.850.980.910.970.560.820.95
Click cells to compare fundamentals

Forian Account Relationship Matchups

Forian fundamental ratios Accounts

202120222023202420252026 (projected)
Total Assets56.8M46.3M60.9M47.2M54.2M41.0M
Other Current Liab4.4M5.4M4.4M4.4M5.1M3.6M
Net Debt6.5M22.7M17.0M2.1M2.4M2.3M
Retained Earnings(32.8M)(58.8M)(46.1M)(49.9M)(44.9M)(47.2M)
Accounts Payable1.1M316.1K161.6K982.7K1.1M593.9K
Cash18.7M2.8M6.0M4.6M5.3M6.0M
Other Current Assets900.2K2.7M1.1M2.8M3.2M3.4M
Total Liab31.7M33.8M33.2M17.1M19.7M21.6M
Net Invested Capital49.4M37.5M51.0M36.8M42.3M34.1M
Total Current Assets36.0M26.9M58.4M44.5M51.1M32.7M
Capital Stock31.8K32.3K30.9K31.0K35.7K28.4K
Net Working Capital29.2M18.6M50.4M27.9M32.0M25.1M
Common Stock31.8K32.3K30.9K31.0K35.7K28.4K
Net Receivables3.0M4.1M9.0M6.6M7.5M5.0M
Today, most investors in Forian Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forian's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Forian growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.08

At present, Forian's Price Earnings To Growth Ratio is projected to increase slightly based on the last few years of reporting.

Forian February 21, 2026 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Forian help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Forian Inc. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forian Inc based on widely used predictive technical indicators. In general, we focus on analyzing Forian Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forian's daily price indicators and compare them against related drivers.

Complementary Tools for Forian Stock analysis

When running Forian's price analysis, check to measure Forian's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
My Watchlist Analysis
Analyze my current watchlist and to refresh optimization strategy. Macroaxis watchlist is based on self-learning algorithm to remember stocks you like
Portfolio Diagnostics
Use generated alerts and portfolio events aggregator to diagnose current holdings