Forian Cash from 2010 to 2024

FORA Stock  USD 2.00  0.04  1.96%   
Forian's Cash is increasing over the years with slightly volatile fluctuation. Overall, Cash is expected to go to about 6.3 M this year. Cash is the total amount of money in the form of currency that Forian Inc has in its possession. This includes all bills, coins, and funds in bank accounts. View All Fundamentals
 
Cash  
First Reported
2010-12-31
Previous Quarter
M
Current Value
6.3 M
Quarterly Volatility
M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forian financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forian's main balance sheet or income statement drivers, such as Depreciation And Amortization of 91.5 K, Interest Expense of 446.7 K or Gross Profit of 10.7 M, as well as many indicators such as Price To Sales Ratio of 4.35, Dividend Yield of 0.0 or PTB Ratio of 3.76. Forian financial statements analysis is a perfect complement when working with Forian Valuation or Volatility modules.
  
Check out the analysis of Forian Correlation against competitors.

Latest Forian's Cash Growth Pattern

Below is the plot of the Cash of Forian Inc over the last few years. Cash refers to the most liquid asset of Forian Inc, which is listed under current asset account on Forian Inc balance sheet and usually includes currency, coins, checking accounts, and not deposited checks received from Forian customers. The amounts must be unrestricted with restricted cash listed in a different Forian account. It is the total amount of money in the form of currency that a company has in its possession. This includes all bills, coins, and funds in bank accounts. Forian's Cash historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forian's overall financial position and show how it may be relating to other accounts over time.
Cash10 Years Trend
Slightly volatile
   Cash   
       Timeline  

Forian Cash Regression Statistics

Arithmetic Mean2,333,965
Geometric Mean10,208
Coefficient Of Variation215.59
Mean Deviation3,333,762
Median494.00
Standard Deviation5,031,722
Sample Variance25.3T
Range18.7M
R-Value0.55
Mean Square Error19T
R-Squared0.30
Significance0.03
Slope620,298
Total Sum of Squares354.5T

Forian Cash History

20246.3 M
2023M
20223.3 M
202118.7 M
2020665.5 K

Other Fundumenentals of Forian Inc

Forian Cash component correlations

About Forian Financial Statements

Forian stakeholders use historical fundamental indicators, such as Forian's Cash, to determine how well the company is positioned to perform in the future. Although Forian investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forian's assets and liabilities are reflected in the revenues and expenses on Forian's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forian Inc. Please read more on our technical analysis and fundamental analysis pages.

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When determining whether Forian Inc offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Forian's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Forian Inc Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Forian Inc Stock:
Check out the analysis of Forian Correlation against competitors.
You can also try the Instant Ratings module to determine any equity ratings based on digital recommendations. Macroaxis instant equity ratings are based on combination of fundamental analysis and risk-adjusted market performance.
Is Health Care Equipment & Supplies space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forian. If investors know Forian will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forian listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(0.15)
Revenue Per Share
0.649
Quarterly Revenue Growth
(0.02)
Return On Assets
(0.06)
Return On Equity
0.0563
The market value of Forian Inc is measured differently than its book value, which is the value of Forian that is recorded on the company's balance sheet. Investors also form their own opinion of Forian's value that differs from its market value or its book value, called intrinsic value, which is Forian's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forian's market value can be influenced by many factors that don't directly affect Forian's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forian's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forian is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forian's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.