Forge Group Inc.
Forge Group, Inc. operates as a property and casualty insurance company in the United States. The company provides commercial automobile property and casualty insurance policies on taxi cabs, sedans, and other public livery and light transportation vehicles for hire. It also owns and leases three commercial real estate properties located in the District of Columbia. The company was founded in 193… Read more
Forge Group Inc. (FIGP) - Total Assets
Latest total assets as of June 2025: $108.09 Million USD
Based on the latest financial reports, Forge Group Inc. (FIGP) holds total assets worth $108.09 Million USD as of June 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 Group Inc. - Total Assets Trend (2019–2024)
This chart illustrates how Forge Group Inc.’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forge Group Inc. - Asset Composition Analysis
Current Asset Composition (December 2024)
Forge Group Inc.'s total assets of $108.09 Million consist of 0.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 10.1% |
| Accounts Receivable | $0.00 | 0.0% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $1.79 Million | 1.7% |
| Goodwill | $4.51 Million | 4.3% |
Asset Composition Trend (2019–2024)
This chart illustrates how Forge Group 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: Forge Group Inc.'s current assets represent 0.0% of total assets in 2024, a decrease from 4.5% in 2019.
- Cash Position: Cash and equivalents constituted 10.1% of total assets in 2024, up from 4.5% in 2019.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 5.0% of total assets, an increase from 0.0% in 2019.
- Asset Diversification: The largest asset category is goodwill at 4.3% of total assets.
Forge Group Inc. Competitors by Total Assets
Key competitors of Forge Group Inc. based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Hanwha General
KO:000370
|
Korea | ₩20.72 Trillion |
|
Lotte Non-Life
KO:000400
|
Korea | ₩14.88 Trillion |
|
Heungkuk F&M I
KO:000540
|
Korea | ₩13.12 Trillion |
|
Heungkuk Fire & Marine Insurance Co Ltd
KO:000545
|
Korea | ₩13.12 Trillion |
|
Samsung Fire & Marine Insurance
KO:000810
|
Korea | ₩88.44 Trillion |
|
Samsung Fire And Marine Ins Pref
KO:000815
|
Korea | ₩88.44 Trillion |
|
Hyundai Mar&Fi
KO:001450
|
Korea | ₩50.71 Trillion |
|
DB Insurance Co Ltd
KO:005830
|
Korea | ₩72.11 Trillion |
Forge Group 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
Lower asset utilization - Forge Group Inc. generates 0.25x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Moderate ROA - For every $100 in assets, Forge Group Inc. generates $ 1.01 in net profit.
Forge Group 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 | 0.00 | 3.35 | 3.13 |
| Quick Ratio | 0.00 | 3.35 | 3.13 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $10.53 Million | $ 3.97 Million | $ 2.84 Million |
Forge Group Inc. - Advanced Valuation Insights
This section examines the relationship between Forge Group 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 | - |
| Latest Market Cap to Assets Ratio | 0.11 |
| Asset Growth Rate (YoY) | 9.6% |
| Total Assets | $104.71 Million |
| Market Capitalization | $11.70 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forge Group Inc.'s assets below their book value (0.11 x), which may indicate investor concerns about asset quality or future growth.
Positive Asset Growth: Forge Group Inc.'s assets grew by 9.6% over the past year, showing continued investment in the company's operational capacity.
Annual Total Assets for Forge Group Inc. (2019–2024)
The table below shows the annual total assets of Forge Group Inc. from 2019 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-12-31 | $104.71 Million | +9.58% |
| 2023-12-31 | $95.55 Million | +4.93% |
| 2022-12-31 | $91.06 Million | +3.60% |
| 2021-12-31 | $87.90 Million | -0.44% |
| 2020-12-31 | $88.29 Million | -1.83% |
| 2019-12-31 | $89.94 Million | -- |