Forian Inc Stock Total Asset
| FORA Stock | USD 2.77 0.19 7.36% |
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.
| Last Reported | Projected for Next Year | ||
| Total Assets | 59.4 M | 38.5 M | |
| Intangibles To Total Assets | 0.31 | 0.26 |
Forian | Total Asset |
Forian Inc Company Total Asset Analysis
Forian's Total Asset is everything that a business owns. It is the sum of current and long-term assets owned by a firm at a given time. These assets are listed on a balance sheet and typically valued based on their purchasing prices, not the current market value.
Current Forian Total Asset | 59.38 M |
Most of Forian's fundamental indicators, such as Total Asset, 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 Total Asset 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 Total Asset. 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.
Click cells to compare fundamentals
Forian Total Asset 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 total asset 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 total asset as a starting point in their analysis.
Forian Total Asset |
| Timeline |
Total Asset is typically divided on the balance sheet on current asset and long-term asset. Long-term is the value of company property and other capital assets that are expected to be useable for more than one year. Long term assets are reported net of depreciation. On the other hand current assets are assets that are expected to be sold or converted to cash as part of normal business operation.
| Competition |
Forian Total Assets
Total Assets |
|
Based on the latest financial disclosure, Forian Inc has a Total Asset of 59.38 M. This is 99.21% lower than that of the Health Care Equipment & Supplies sector and significantly higher than that of the Health Care industry. The total asset for all United States stocks is 99.8% higher than that of the company.
Forian Total Asset 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 Total Asset 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 total asset category among related companies.
Forian Institutional Holders
Institutional Holdings refers to the ownership stake in Forian that is held by large financial organizations, pension funds or endowments. Institutions may purchase large blocks of Forian's outstanding shares and can exert considerable influence upon its management. Institutional holders may also work to push the share price higher once they own the stock. Extensive social media coverage, TV shows, articles in high-profile magazines, and presentations at investor conferences help move the stock higher, increasing Forian's value.| Shares | Independent Advisor Alliance | 2023-12-31 | 25.5 K | Jpmorgan Chase & Co | 2023-12-31 | 24.7 K | Renaissance Technologies Corp | 2023-12-31 | 22.4 K | Pathstone Family Office, Llc | 2023-09-30 | 17.6 K | Millennium Management Llc | 2023-12-31 | 13.9 K | Coppell Advisory Solutions Llc | 2023-12-31 | 4.7 K | Tower Research Capital Llc | 2023-12-31 | 4.2 K | North Star Investment Management Corp | 2023-12-31 | 1.8 K | Bank Of America Corp | 2023-12-31 | 1.4 K | Oracle Investment Management Inc | 2023-12-31 | 1.4 M | Staley Capital Advisers Inc | 2023-12-31 | 1.1 M |
Forian Fundamentals
| Return On Equity | 0.0898 | ||||
| Return On Asset | -0.0594 | ||||
| Profit Margin | 0.54 % | ||||
| Operating Margin | (0.17) % | ||||
| Current Valuation | 57.37 M | ||||
| Shares Outstanding | 31.13 M | ||||
| Shares Owned By Insiders | 49.30 % | ||||
| Shares Owned By Institutions | 13.46 % | ||||
| Number Of Shares Shorted | 179.04 K | ||||
| Price To Book | 3.15 X | ||||
| Price To Sales | 4.03 X | ||||
| Revenue | 20.48 M | ||||
| Gross Profit | 21.13 M | ||||
| EBITDA | (4.9 M) | ||||
| Net Income | 1.73 M | ||||
| Cash And Equivalents | 20.63 M | ||||
| Cash Per Share | 0.64 X | ||||
| Total Debt | 23 M | ||||
| Debt To Equity | 1.79 % | ||||
| Current Ratio | 3.30 X | ||||
| Book Value Per Share | 0.85 X | ||||
| Cash Flow From Operations | 728.82 K | ||||
| Short Ratio | 6.42 X | ||||
| Earnings Per Share | 0.05 X | ||||
| Price To Earnings To Growth | 0.68 X | ||||
| Target Price | 4.75 | ||||
| Number Of Employees | 36 | ||||
| Beta | 1.03 | ||||
| Market Capitalization | 82.19 M | ||||
| Total Asset | 59.38 M | ||||
| Retained Earnings | (47.69 M) | ||||
| Working Capital | 50.44 M | ||||
| Net Asset | 59.38 M |
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.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Forian in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Forian's short interest history, or implied volatility extrapolated from Forian options trading.
Building efficient market-beating portfolios requires time, education, and a lot of computing power!
The Portfolio Architect is an AI-driven system that provides multiple benefits to our users by leveraging cutting-edge machine learning algorithms, statistical analysis, and predictive modeling to automate the process of asset selection and portfolio construction, saving time and reducing human error for individual and institutional investors.
Try AI Portfolio ArchitectCheck out Forian Piotroski F Score and Forian Altman Z Score analysis. You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
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.
| Equity Search Search for actively traded equities including funds and ETFs from over 30 global markets | |
| Bonds Directory Find actively traded corporate debentures issued by US companies | |
| Portfolio Optimization Compute new portfolio that will generate highest expected return given your specified tolerance for risk | |
| Sectors List of equity sectors categorizing publicly traded companies based on their primary business activities | |
| CEOs Directory Screen CEOs from public companies around the world | |
| Pattern Recognition Use different Pattern Recognition models to time the market across multiple global exchanges | |
| Portfolio Dashboard Portfolio dashboard that provides centralized access to all your investments | |
| Pair Correlation Compare performance and examine fundamental relationship between any two equity instruments | |
| 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 |
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 0.05 | Revenue Per Share 0.639 | Quarterly Revenue Growth 0.08 | Return On Assets (0.06) | Return On Equity 0.0898 |
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.