Forafric Historical Balance Sheet
AFRIW Stock | USD 1.15 0.02 1.71% |
Trend analysis of Forafric Global PLC balance sheet accounts such as Short Long Term Debt Total of 210.9 M, Other Current Liabilities of 12.2 M or Total Current Liabilities of 213.1 M provides information on Forafric Global's total assets, liabilities, and equity, which is the actual value of Forafric Global PLC to its prevalent stockholders. By breaking down trends over time using Forafric Global balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
Financial Statement Analysis is much more than just reviewing and examining Forafric Global PLC latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forafric Global PLC is a good buy for the upcoming year.
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About Forafric Balance Sheet Analysis
Balance Sheet is a snapshot of the financial position of Forafric Global PLC at a specified time, usually calculated after every quarter, six months, or one year. Forafric Global Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Forafric Global and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Forafric currently owns. An asset can also be divided into two categories, current and non-current.
Forafric Global Balance Sheet Chart
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Total Assets
Total assets refers to the total amount of Forafric Global 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 Forafric Global PLC 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. 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.Total Current Liabilities
Total Current Liabilities is an item on Forafric Global balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Forafric Global PLC are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.Most accounts from Forafric Global's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Forafric Global PLC current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Forafric Global PLC. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in gross domestic product. At this time, Forafric Global's Short and Long Term Debt Total is fairly stable compared to the past year. Non Currrent Assets Other is likely to climb to about 5 M in 2024, whereas Other Current Liabilities is likely to drop slightly above 12.2 M in 2024.
2021 | 2022 | 2023 | 2024 (projected) | Short and Long Term Debt Total | 191.3M | 201.5M | 198.8M | 210.9M | Total Assets | 299.9M | 307.2M | 309.5M | 300.7M |
Forafric Global balance sheet Correlations
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Forafric Global Account Relationship Matchups
High Positive Relationship
High Negative Relationship
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When running Forafric Global's price analysis, check to measure Forafric Global'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 Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.