Forian Inc (FORA) - Total Assets
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. See net assets of Forian Inc for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see Forian Inc (FORA) market capitalisation.
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 |
|---|---|---|
|
Longmaster Information Tech
SHE:300288
|
China | CN¥1.33 Billion |
|
Echoiq Ltd
AU:EIQ
|
Australia | AU$17.99 Million |
|
ARTRYA Ltd
AU:AYA
|
Australia | AU$23.68 Million |
|
Pharmx Technologies Ltd
AU:PHX
|
Australia | AU$18.82 Million |
|
Intelicare Holdings Ltd
AU:ICR
|
Australia | AU$1.64 Million |
|
Global Health Ltd
AU:GLH
|
Australia | AU$2.84 Million |
|
Newtopia Inc
V:NEWU
|
Canada | CA$664.83K |
|
Pro Medicus Ltd
AU:PME
|
Australia | AU$533.91 Million |
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 | 1.38 |
| Asset Growth Rate (YoY) | -22.5% |
| Total Assets | $47.17 Million |
| Market Capitalization | $65.25 Million USD |
Valuation Analysis
Above Book Valuation: The market values Forian Inc's assets above their book value (1.38x), reflecting positive investor sentiment about the company's future prospects.
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 | -- |
About 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