Forian Inc
Forian Inc. provides a suite of data management capabilities, and information and analytics solutions to optimize and measure operational, clinical, and financial performance for customers in the life science, healthcare, and financial services industries. It develops commercial, real world evidence (RWE), and market access solutions and proprietary data-driven insights, as well as offers data ma… Read more
Forian Inc (FORA) - Total Assets
Latest total assets as of September 2025: $41.25 Million USD
Based on the latest financial reports, Forian Inc (FORA) holds total assets worth $41.25 Million USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Forian Inc - Total Assets Trend (2019–2024)
This chart illustrates how Forian Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forian Inc - Asset Composition Analysis
Current Asset Composition (December 2024)
Forian Inc's total assets of $41.25 Million consist of 94.3% current assets and 5.7% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 9.7% |
| Accounts Receivable | $6.56 Million | 13.9% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.19 Million | 2.5% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2019–2024)
This chart illustrates how Forian Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forian Inc's current assets represent 94.3% of total assets in 2024, a decrease from 98.1% in 2019.
- Cash Position: Cash and equivalents constituted 9.7% of total assets in 2024, up from 0.3% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 2.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is accounts receivable at 13.9% of total assets.
Forian Inc Competitors by Total Assets
Key competitors of Forian Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
UCrest Bhd
KLSE:0005
|
Malaysia | RM48.46 Million |
|
Vanfund Urban Investment & Development Co Ltd
SHE:000638
|
China | CN¥265.74 Million |
|
BIT Computer Co. Ltd
KQ:032850
|
Korea | ₩82.38 Billion |
|
ezCaretech Co. LTD
KQ:099750
|
Korea | ₩56.71 Billion |
|
SyntekaBio Inc
KQ:226330
|
Korea | ₩33.49 Billion |
|
Carelabs Co.Ltd
KQ:263700
|
Korea | ₩105.15 Billion |
|
Shanghai Kingstar Winning Software
SHE:300253
|
China | CN¥8.35 Billion |
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
Forian Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Moderate asset utilization - Forian Inc generates 0.43x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forian Inc is currently not profitable relative to its asset base.
Forian Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 3.87 | 1.85 | 9.72 |
| Quick Ratio | 3.87 | 1.88 | 9.72 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $29.19 Million | $ 25.73 Million | $ 11.22 Million |
Forian Inc - Advanced Valuation Insights
This section examines the relationship between Forian Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 2.10 |
| Latest Market Cap to Assets Ratio | 0.41 |
| Asset Growth Rate (YoY) | -22.5% |
| Total Assets | $47.17 Million |
| Market Capitalization | $19.39 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forian Inc's assets below their book value (0.41 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Forian Inc's assets decreased by 22.5% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forian Inc (2019–2024)
The table below shows the annual total assets of Forian Inc from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $47.17 Million | -22.55% |
| 2023-12-31 | $60.90 Million | +31.65% |
| 2022-12-31 | $46.26 Million | -18.62% |
| 2021-12-31 | $56.84 Million | +352.77% |
| 2020-12-31 | $12.55 Million | +6911.84% |
| 2019-12-31 | $179.04K | -- |