Forecastagility Corporation
Forecastagility Corporation provides legacy application migration solutions to corporate clients in the United States and internationally. The company develops toolsets that migrate RPG and COBOL applications written for the IBM i-AS/400 environment to open platforms, such as Windows, Linux, or UNIX; and toolsets and services to modernize green screen applications for AS/400 and Mainframe environ… Read more
Forecastagility Corporation (FCGY) - Total Assets
Latest total assets as of September 2022: $2.21 Million USD
Based on the latest financial reports, Forecastagility Corporation (FCGY) holds total assets worth $2.21 Million USD as of September 2022.
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.
Forecastagility Corporation - Total Assets Trend (1998–2021)
This chart illustrates how Forecastagility Corporation’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forecastagility Corporation - Asset Composition Analysis
Current Asset Composition (December 2021)
Forecastagility Corporation's total assets of $2.21 Million consist of 35.7% current assets and 64.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 6.0% |
| Accounts Receivable | $750.96K | 28.7% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.68 Million | 64.4% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2021)
This chart illustrates how Forecastagility Corporation'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: Forecastagility Corporation's current assets represent 35.7% of total assets in 2021, a decrease from 97.8% in 1998.
- Cash Position: Cash and equivalents constituted 6.0% of total assets in 2021, down from 97.8% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 64.0% of total assets, an increase from 0.0% in 1998.
- Asset Diversification: The largest asset category is intangible assets at 64.4% of total assets.
Forecastagility Corporation Competitors by Total Assets
Key competitors of Forecastagility Corporation based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Alpha Modus Holdings, Inc
NASDAQ:AMOD
|
USA | $403.26K |
|
Opter AB
ST:OPTER
|
Sweden | Skr42.72 Million |
|
TurnKey Capital Inc
PINK:TKCI
|
USA | $870.80 Million |
|
Digital China Information Service Co Ltd
SHE:000555
|
China | CN¥13.60 Billion |
|
Fujian Newland Computer Co Ltd
SHE:000997
|
China | CN¥13.83 Billion |
|
YGSOFT Inc
SHE:002063
|
China | CN¥4.58 Billion |
|
Dhc Software Co Ltd
SHE:002065
|
China | CN¥25.81 Billion |
|
Zhejiang Netsun Co Ltd
SHE:002095
|
China | CN¥1.57 Billion |
Forecastagility Corporation - 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
Strong asset utilization - Forecastagility Corporation generates 0.81x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forecastagility Corporation is currently not profitable relative to its asset base.
Forecastagility Corporation - 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 | 2.72 | 0.69 | 0.65 |
| Quick Ratio | 2.72 | 0.69 | 0.65 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $424.71K | $ -1.18 Million | $ -1.47 Million |
Forecastagility Corporation - Advanced Valuation Insights
This section examines the relationship between Forecastagility Corporation'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 | - |
| Latest Market Cap to Assets Ratio | 0.00 |
| Asset Growth Rate (YoY) | -9.7% |
| Total Assets | $2.62 Million |
| Market Capitalization | $1.81 USD |
Valuation Analysis
Below Book Valuation: The market values Forecastagility Corporation's assets below their book value (0.00 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Forecastagility Corporation's assets decreased by 9.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forecastagility Corporation (1998–2021)
The table below shows the annual total assets of Forecastagility Corporation from 1998 to 2021.
| Year | Total Assets | Change |
|---|---|---|
| 2021-12-31 | $2.62 Million | -9.71% |
| 2020-12-31 | $2.90 Million | +20.10% |
| 2019-12-31 | $2.41 Million | +91.15% |
| 2001-12-31 | $1.26 Million | -84.89% |
| 2000-12-31 | $8.35 Million | +775.50% |
| 1999-12-31 | $954.30K | +5961.75% |
| 1998-12-31 | $15.74K | -- |