Forian Inc (FORA) — Tangible Net Worth Ratio
Forian Inc (FORA) has a Tangible Net Worth Ratio of 96.6% as of December 2025. This metric is calculated by deducting intangible assets ($1.00 Million) from net assets ($29.78 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. Also explore net asset momentum of Forian Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Forian Inc Tangible Net Worth Ratio (2020–2025)
This chart shows how Forian Inc's Tangible Net Worth Ratio has changed across 6 annual periods from 2020 to 2025. As of December 2025, the ratio stands at 96.6%, reflecting net assets of $29.78 Million with intangible assets of $1.00 Million USD. For live market cap and overall valuation, see Forian Inc stock valuation.
Annual Tangible Net Worth Ratio for Forian Inc (2020–2025)
The table below presents the year-by-year Tangible Net Worth Ratio for Forian Inc from 2020 to 2025, covering 6 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. Explore Forian Inc capex to cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2025 | 96.6% | $29.78 Million | $1.00 Million | $44.13 Million | ▲ +0.6 pp |
| 2024 | 96.0% | $30.05 Million | $1.19 Million | $47.17 Million | ▲ +1.0 pp |
| 2023 | 95.0% | $27.72 Million | $1.39 Million | $60.90 Million | ▲ +49.5 pp |
| 2022 | 45.5% | $12.42 Million | $6.78 Million | $46.26 Million | ▼ -18.6 pp |
| 2021 | 64.0% | $25.17 Million | $9.05 Million | $56.84 Million | ▼ -36.0 pp |
| 2020 | 100.0% | $11.27 Million | $0.00 | $12.55 Million | — |