Forge Innovation Development Corp
Forge Innovation Development Corp., together with its subsidiaries, focuses on commercial and residential land development business in the United States. It focuses on real estate development, land purchasing and selling, and property management activities. The company was formerly known as You-Go enterprises, LLC and changed its name to Forge Innovation Development Corp. in November 2016. Forge … Read more
Forge Innovation Development Corp (FGNV) - Total Assets
Latest total assets as of September 2025: $163.70K USD
Based on the latest financial reports, Forge Innovation Development Corp (FGNV) holds total assets worth $163.70K 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.
Forge Innovation Development Corp - Total Assets Trend (2016–2024)
This chart illustrates how Forge Innovation Development Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forge Innovation Development Corp - Asset Composition Analysis
Current Asset Composition (December 2024)
Forge Innovation Development Corp's total assets of $163.70K consist of 2.4% current assets and 97.6% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 0.4% |
| Accounts Receivable | $147.74K | 1.8% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (2016–2024)
This chart illustrates how Forge Innovation Development Corp'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: Forge Innovation Development Corp's current assets represent 2.4% of total assets in 2024, a decrease from 100.0% in 2016.
- Cash Position: Cash and equivalents constituted 0.4% of total assets in 2024, down from 69.8% in 2016.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2016.
- Asset Diversification: The largest asset category is accounts receivable at 1.8% of total assets.
Forge Innovation Development Corp Competitors by Total Assets
Key competitors of Forge Innovation Development Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Aurora Eiendom A.S.
OL:AURA
|
Norway | Nkr9.08 Billion |
|
PT Multisarana Intan Eduka Tbk
JK:MSIE
|
Indonesia | Rp124.39 Billion |
|
Shenzhen SEG Co Ltd
SHE:000058
|
China | CN¥5.05 Billion |
|
Beijing Mainstreets Investment
SHE:000609
|
China | CN¥1.92 Billion |
|
5I5j Holding Group Co Ltd
SHE:000560
|
China | CN¥26.38 Billion |
|
DongGuan Winnerway Industrial Zone Ltd
SHE:000573
|
China | CN¥2.14 Billion |
|
Rongfeng Holding Group
SHE:000668
|
China | CN¥1.28 Billion |
|
Sanxiang Co Ltd
SHE:000863
|
China | CN¥5.88 Billion |
Forge Innovation Development Corp - 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
Lower asset utilization - Forge Innovation Development Corp generates 0.08x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forge Innovation Development Corp is currently not profitable relative to its asset base.
Forge Innovation Development Corp - 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 | 0.42 | 0.13 | 1.87 |
| Quick Ratio | 0.42 | 0.13 | 1.87 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-182.89K | $ -1.14 Million | $ 117.75K |
Forge Innovation Development Corp - Advanced Valuation Insights
This section examines the relationship between Forge Innovation Development Corp'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 | 2.76 |
| Latest Market Cap to Assets Ratio | 0.06 |
| Asset Growth Rate (YoY) | -11.7% |
| Total Assets | $8.22 Million |
| Market Capitalization | $503.89K USD |
Valuation Analysis
Below Book Valuation: The market values Forge Innovation Development Corp's assets below their book value (0.06 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Forge Innovation Development Corp's assets decreased by 11.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forge Innovation Development Corp (2016–2024)
The table below shows the annual total assets of Forge Innovation Development Corp from 2016 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $8.22 Million | -11.73% |
| 2023-12-31 | $9.31 Million | +7295.19% |
| 2022-12-31 | $125.84K | -13.40% |
| 2021-12-31 | $145.32K | -58.92% |
| 2020-12-31 | $353.72K | -45.98% |
| 2019-12-31 | $654.74K | -19.53% |
| 2018-12-31 | $813.60K | -28.30% |
| 2017-12-31 | $1.13 Million | +20.91% |
| 2016-12-31 | $938.50K | -- |