Forecross Corp
Forecross Corporation designs and develops software to re-deploy and sustain legacy applications on the Internet. The company offers XML solutions that enable enterprises to make legacy applications e-Ready; and IT applications protection solution. Its automated migration solution includes convert/ADSOTM, which converts ADSO dialogs into functionally equivalent, ready-to-test, CICS command level … Read more
Forecross Corp (FRXX) - Total Assets
Latest total assets as of March 2002: $971.75K USD
Based on the latest financial reports, Forecross Corp (FRXX) holds total assets worth $971.75K USD as of March 2002.
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.
Forecross Corp - Total Assets Trend (1998–2001)
This chart illustrates how Forecross Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forecross Corp - Asset Composition Analysis
Current Asset Composition (September 2001)
Forecross Corp's total assets of $971.75K consist of 71.6% current assets and 28.4% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.9% |
| Accounts Receivable | $696.84K | 66.6% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $177.93K | 17.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1998–2001)
This chart illustrates how Forecross 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: Forecross Corp's current assets represent 71.6% of total assets in 2001, an increase from 66.0% in 1998.
- Cash Position: Cash and equivalents constituted 2.9% of total assets in 2001, down from 4.9% in 1998.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1998.
- Asset Diversification: The largest asset category is accounts receivable at 66.6% of total assets.
Forecross Corp Competitors by Total Assets
Key competitors of Forecross Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
IQuest Co. Ltd.
KQ:262840
|
Korea | ₩104.88 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 |
|
Montnets Cloud Technology Group Co Ltd
SHE:002123
|
China | CN¥3.29 Billion |
|
Beijing Shiji Information Technology Co Ltd
SHE:002153
|
China | CN¥9.36 Billion |
|
Shanghai 2345 Network Holding Group
SHE:002195
|
China | CN¥10.73 Billion |
Forecross 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
Strong asset utilization - Forecross Corp generates 3.82x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forecross Corp is currently not profitable relative to its asset base.
Forecross 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 | 0.31 | 0.28 | 0.09 |
| Quick Ratio | 0.31 | 0.28 | 0.09 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $-1.68 Million | $ -2.22 Million | $ -4.33 Million |
Forecross Corp - Advanced Valuation Insights
This section examines the relationship between Forecross 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 | - |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | -31.0% |
| Total Assets | $1.05 Million |
| Market Capitalization | $5.82K USD |
Valuation Analysis
Below Book Valuation: The market values Forecross Corp's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Forecross Corp's assets decreased by 31.0% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forecross Corp (1998–2001)
The table below shows the annual total assets of Forecross Corp from 1998 to 2001.
| Year | Total Assets | Change |
|---|---|---|
| 2001-09-30 | $1.05 Million | -30.99% |
| 2000-09-30 | $1.52 Million | +86.68% |
| 1999-09-30 | $812.31K | -59.30% |
| 1998-09-30 | $2.00 Million | -- |