Forian
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Forian's balance sheet done over the years? Its assets were worth $58,888,612 last year, which is more than in the previous period. 56% of Forian’s total assets is currently financed by debt. Its liabilities reached the amount of $32,708,806, which means an decrease by -3% compared compared to last year.
Debt to Assets
| 2019 | 179045 | 460.07K | 256.96% |
|---|---|---|---|
| 2020 | 12554341 | 1.28M | 10.25% |
| 2021 | 56842361 | 31.67M | 55.72% |
| 2022 | 46258167 | 33.83M | 73.15% |
| 2023 | 58888612 | 32.70M | 55.54% |
FORA Balance Sheet (2019 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | |
|---|---|---|---|---|---|
Assets | |||||
Current assets: | |||||
Cash and cash equivalents | 6.04M | 3.31M | 18.66M | 665.46K | 494 |
Short term investments | 42.29M | 17.39M | 12.39M | 11.50M | 149.76K |
Net receivables | 3.69M | 4.80M | 3.00M | 219.69K | 0 |
Inventory | 0 | 966.80K | 1.01M | -196.70K | 0 |
Other current assets | 5.23M | 432.33K | 900.24K | 317.68K | 25.36K |
Total current assets | 57.27M | 26.91M | 35.98M | 12.50M | 175.62K |
Non-current assets: | |||||
Property, Plant and Equipment | 86.74K | 3.21M | 2.39M | 46.35K | 3.41K |
Goodwill | 0 | 9.09M | 9.09M | 0 | 0 |
Intangible assets | 1.39M | 6.77M | 9.05M | 0 | 0 |
Long term investments | 0 | -127.31K | 0 | 0 | 0 |
Other non-current assets | 133.79K | 255.32K | 314.44K | -46.35K | -3.41K |
Total non-current assets | 1.61M | 19.34M | 20.85M | 46.35K | 3.41K |
Total assets | 58.88M | 46.25M | 56.84M | 12.55M | 179.04K |
Liabilities | |||||
| Current liabilities: | |||||
Accounts payable | |||||
Deferred revenue | 2.41M | 3.07M | 976.26K | 158.88K | 0 |
Short term debt | 21.32K | 265.48K | 260.44K | 0 | 184.3K |
Total current liabilities | 6.83M | 8.35M | 6.79M | 1.28M | 460.07K |
| Non-current liabilities: | |||||
Long term debt | 24.87M | 25.48M | 24.87M | 0 | 0 |
Deferred tax | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 1M | 1.49M | 0 | 0 | 0 |
Total non-current liabilities | 25.87M | 25.48M | 24.87M | 0 | 0 |
Total liabilities | 32.70M | 33.83M | 31.67M | 1.28M | 460.07K |
| Data source | Data source | Data source | Data source |