Forian Inc Stock Current Ratio

FORA Stock  USD 3.32  0.12  3.75%   
Forian Inc fundamentals help investors to digest information that contributes to Forian's financial success or failures. It also enables traders to predict the movement of Forian Stock. The fundamental analysis module provides a way to measure Forian's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forian stock.
The current year's Current Ratio is expected to grow to 3.72.
  
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Forian Current Ratio Analysis

Forian's Current Ratio is calculated by dividing the Current Assets of a company by its Current Liabilities. It measures whether or not a company has enough cash or liquid assets to pay its current liability over the next fiscal year. The ratio is regarded as a test of liquidity for a company.

Forian Current Ratio

3.72

Current Ratio

 = 

Current Asset

Current Liabilities

More About Current Ratio | All Equity Analysis

Current Forian Current Ratio

    
  3.30 X  
Most of Forian's fundamental indicators, such as Current Ratio, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Forian Inc is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Forian Current Ratio Driver Correlations

Understanding the fundamental principles of building solid financial models for Forian is extremely important. It helps to project a fair market value of Forian Stock properly, considering its historical fundamentals such as Current Ratio. Since Forian's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Forian's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Forian's interrelated accounts and indicators.
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Forian Current Ratio Historical Pattern

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 drops in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's current ratio growth rates may not be enough to decide which company is a better investment. That's why investors frequently use a static breakdown of Forian current ratio as a starting point in their analysis.
   Forian Current Ratio   
       Timeline  
Typically, short-term creditors will prefer a high current ratio because it reduces their overall risk. However, investors may prefer a lower current ratio since they are more concerned about growing the business using assets of the company. Acceptable current ratios may vary from one sector to another, but the generally accepted benchmark is to have current assets at least as twice as current liabilities (i.e., Current Ration of 2 to 1).
Competition

Forian Short Term Coverage Ratios

Short Term Coverage Ratios

(39.91)

At present, Forian's Short Term Coverage Ratios is projected to decrease significantly based on the last few years of reporting.
In accordance with the recently published financial statements, Forian Inc has a Current Ratio of 3.3 times. This is 13.4% higher than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The current ratio for all United States stocks is 52.78% lower than that of the firm.

Forian Current Ratio Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forian's direct or indirect competition against its Current Ratio to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forian could also be used in its relative valuation, which is a method of valuing Forian by comparing valuation metrics of similar companies.
Forian is currently under evaluation in current ratio category among related companies.

Forian Fundamentals

About Forian Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Forian Inc's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forian using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forian Inc based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Last ReportedProjected for 2024
Current Ratio 2.90  3.72 

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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 Forian Piotroski F Score and Forian Altman Z Score analysis.
You can also try the AI Investment Finder module to use AI to screen and filter profitable investment opportunities.

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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.
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Is Forian's industry 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
(0.20)
Revenue Per Share
0.979
Quarterly Revenue Growth
0.241
Return On Assets
(0.15)
Return On Equity
(0.32)
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.