Forwardly Inc
Forwardly Inc. provides identity theft solutions for individuals, groups, and corporations in the United States. The company offers guidelines and tips for safeguarding personal information, and technology to remedy identity breaches. It also provides three levels of protection for threats, including credit to non credit, offline, and online. In addition, the company offers "Clean ID,' that focus… Read more
Forwardly Inc (FORW) - Total Assets
Latest total assets as of June 2024: $438.11K USD
Based on the latest financial reports, Forwardly Inc (FORW) holds total assets worth $438.11K USD as of June 2024.
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.
Forwardly Inc - Total Assets Trend (2010–2023)
This chart illustrates how Forwardly Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forwardly Inc - Asset Composition Analysis
Current Asset Composition (December 2023)
Forwardly Inc's total assets of $438.11K consist of 100.0% current assets and 0.0% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 27.7% |
| Accounts Receivable | $0.00 | 0.0% |
| 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 (2010–2023)
This chart illustrates how Forwardly 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: Forwardly Inc's current assets represent 100.0% of total assets in 2023, an increase from 47.0% in 2010.
- Cash Position: Cash and equivalents constituted 27.7% of total assets in 2023, up from -1.0% in 2010.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2010.
- Asset Diversification: The largest asset category is goodwill at 0.0% of total assets.
Forwardly Inc Competitors by Total Assets
Key competitors of Forwardly Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
464680
KQ:464680
|
Korea | ₩31.23 Billion |
|
Cartesian Growth Corporation III Unit
NASDAQ:CGCTU
|
USA | $281.56 Million |
|
Azure Holding Group Corp
PINK:AZRH
|
USA | $16.92 Million |
|
Constellation Capital Corp.
V:CNST-P
|
Canada | CA$627.53K |
|
Little Fish Acquisition I Corp.
V:LILL-P
|
Canada | CA$56.48K |
|
Hana 30 Special Purpose Acquisition Company
KQ:469880
|
Korea | ₩17.89 Billion |
|
Chicane Capital I Corp.
V:CCIC-P
|
Canada | CA$199.07K |
|
Cuspis Capital II Ltd
V:CCII-P
|
Canada | CA$1.51 Million |
Forwardly 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 - Forwardly Inc generates 0.02x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forwardly Inc is currently not profitable relative to its asset base.
Forwardly 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 | 0.35 | 0.81 | 0.27 |
| Quick Ratio | 0.35 | 0.81 | 0.27 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-817.89K | $ -183.89K | $ -354.33K |
Forwardly Inc - Advanced Valuation Insights
This section examines the relationship between Forwardly 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 | 1.68 |
| Asset Growth Rate (YoY) | 11.5% |
| Total Assets | $1.06 Million |
| Market Capitalization | $1.79 Million USD |
Valuation Analysis
Above Book Valuation: The market values Forwardly Inc's assets above their book value (1.68 x), reflecting positive investor sentiment about the company's future prospects.
Rapid Asset Growth: Forwardly Inc's assets grew by 11.5% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forwardly Inc (2010–2023)
The table below shows the annual total assets of Forwardly Inc from 2010 to 2023.
| Year | Total Assets | Change |
|---|---|---|
| 2023-12-31 | $1.06 Million | +11.48% |
| 2022-12-31 | $954.58K | -78.21% |
| 2021-12-31 | $4.38 Million | +1073.20% |
| 2020-12-31 | $373.46K | +65.58% |
| 2019-12-31 | $225.54K | +181.05% |
| 2017-12-31 | $80.25K | -0.04% |
| 2016-12-31 | $80.28K | -0.06% |
| 2015-12-31 | $80.33K | -85.04% |
| 2011-12-31 | $537.08K | +1592.17% |
| 2010-12-31 | $31.74K | -- |