Forafric Global Financials

AFRI Stock  USD 10.23  0.06  0.59%   
Based on the analysis of Forafric Global's profitability, liquidity, and operating efficiency, Forafric Global PLC is not in a good financial situation at this time. It has a very high probability of going through financial hardship in December. As of now, Forafric Global's Good Will is increasing as compared to previous years. The Forafric Global's current Non Current Liabilities Total is estimated to increase to about 47.8 M, while Total Assets are projected to decrease to under 300.7 M. Key indicators impacting Forafric Global's financial strength include:
Current ValueLast YearChange From Last Year 10 Year Trend
Current Ratio0.610.4787
Significantly Up
Slightly volatile
Investors should never underestimate Forafric Global's ability to pay suppliers on time, ensure interest payments are not accumulating, and correctly time where and how to reinvest extra cash. Individual investors need to monitor Forafric Global's cash flow, debt, and profitability to make informed and accurate decisions about investing in Forafric Global PLC.

Net Income

(13.31 Million)

  
Understanding current and past Forafric Global Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Forafric Global's financial statements are interrelated, with each one affecting the others. For example, an increase in Forafric Global's assets may result in an increase in income on the income statement.

Forafric Global Stock Summary

Forafric Global competes with Forafric Global, GrainCorp, Australian Agricultural, Fresh Del, and Alico. Forafric Global PLC engages in the purchase, storage, transport, processing, and sale of agricultural commodities and commodity products in Morocco and Sub-Saharan Africa. It serves wholesale foods manufacturers and distributors The company also exports its products to approximately 45 countries. Forafric Global operates under Farm Products classification in the United States and is traded on NASDAQ Exchange. It employs 750 people.
Specialization
Consumer Defensive, Food, Beverage & Tobacco
InstrumentUSA Stock View All
ExchangeNASDAQ Exchange
ISINGI000A3DNK69
CUSIPX3R81D102 379582109
LocationFlorida; U.S.A
Business AddressMadison Building, Gibraltar,
SectorFood Products
IndustryConsumer Staples
BenchmarkDow Jones Industrial
Websiteforafric.com
Phone350 2007 2505
CurrencyUSD - US Dollar

Forafric Global Key Financial Ratios

Forafric Financial Ratios Relationships

Comparative valuation techniques use various fundamental indicators to help in determining Forafric Global's current stock value. Our valuation model uses many indicators to compare Forafric Global value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Forafric Global competition to find correlations between indicators driving Forafric Global's intrinsic value. More Info.
Forafric Global PLC is rated fifth in return on equity category among its peers. It is rated below average in return on asset category among its peers . As of now, Forafric Global's Return On Equity is decreasing as compared to previous years. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Forafric Global's earnings, one of the primary drivers of an investment's value.

Forafric Global PLC Systematic Risk

Forafric Global's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Forafric Global volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was ten with a total number of output elements of fifty-one. The Beta measures systematic risk based on how returns on Forafric Global PLC correlated with the market. If Beta is less than 0 Forafric Global generally moves in the opposite direction as compared to the market. If Forafric Global Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Forafric Global PLC is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Forafric Global is generally in the same direction as the market. If Beta > 1 Forafric Global moves generally in the same direction as, but more than the movement of the benchmark.

About Forafric Global Financials

What exactly are Forafric Global Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Forafric Global's income statement, its balance sheet, and the statement of cash flows. Potential Forafric Global investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Forafric Global investors may use each financial statement separately, they are all related. The changes in Forafric Global's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Forafric Global's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.
Today, most investors in Forafric Global Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Forafric Global's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Forafric Global growth as a starting point in their analysis.

Price Earnings To Growth Ratio

0.61

As of now, Forafric Global's Price Earnings To Growth Ratio is decreasing as compared to previous years.

Forafric Global November 30, 2024 Opportunity Range

Along with financial statement analysis, the daily predictive indicators of Forafric Global help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Forafric Global PLC. We use our internally-developed statistical techniques to arrive at the intrinsic value of Forafric Global PLC based on widely used predictive technical indicators. In general, we focus on analyzing Forafric Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Forafric Global's daily price indicators and compare them against related drivers.

Complementary Tools for Forafric Stock analysis

When running Forafric Global's price analysis, check to measure Forafric Global's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forafric Global is operating at the current time. Most of Forafric Global's value examination focuses on studying past and present price action to predict the probability of Forafric Global's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forafric Global's price. Additionally, you may evaluate how the addition of Forafric Global to your portfolios can decrease your overall portfolio volatility.
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