Forza Innovations Inc
Forza Innovations Inc. engages in the health-tech wearable performance business. It offers WarmUp series product line, including J4 Sport, J4 X, and J4 Fitbelt that are wearable back compression devices that are used to relax, warmup, loosen, or relax stiff and sore muscles. The company was formerly known as Genesys Industries, Inc. and changed its name to Forza Innovations Inc. in June 2021. For… Read more
Forza Innovations Inc (FORZ) - Total Liabilities
Latest total liabilities as of March 2024: $4.33 Million USD
Based on the latest financial reports, Forza Innovations Inc (FORZ) has total liabilities worth $4.33 Million USD as of March 2024.
Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities.
Forza Innovations Inc - Total Liabilities Trend (2016–2024)
This chart illustrates how Forza Innovations Inc's total liabilities have evolved over time, based on quarterly financial data. Explore and compare other companies by total liabilities.
Forza Innovations Inc Competitors by Total Liabilities
The table below lists competitors of Forza Innovations Inc ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Vertical Capital Income Fund
NYSE:CCIA
|
USA | $2.22 Million |
|
Florentaise SA
PA:ALFLO
|
France | €68.24 Million |
|
SANDY SPRING BANCRP
BE:SD2
|
Germany | €12.75 Billion |
|
Waverley Pharma Inc
V:WAVE
|
Canada | CA$3.64 Million |
|
Nissan
TA:NISA
|
Israel | ILA338.95 Million |
|
Craven House Capital PLC
LSE:CRV
|
UK | $1.93 Million |
Liability Composition Analysis (2016–2024)
This chart breaks down Forza Innovations Inc's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 0.00 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | -1.02 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 59.00 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Forza Innovations Inc's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Forza Innovations Inc (2016–2024)
The table below shows the annual total liabilities of Forza Innovations Inc from 2016 to 2024.
| Year | Total Liabilities | Change |
|---|---|---|
| 2024-06-30 | $4.70 Million | 0.00% |
| 2023-06-30 | $4.70 Million | +162.57% |
| 2022-06-30 | $1.79 Million | +325.52% |
| 2021-06-30 | $420.61K | -46.61% |
| 2020-06-30 | $787.83K | +49.49% |
| 2019-06-30 | $527.00K | -0.54% |
| 2018-06-30 | $529.87K | +7589.30% |
| 2017-06-30 | $6.89K | -35.90% |
| 2016-06-30 | $10.75K | -- |