CSIMarket
 


Forian Inc   (FORA)
Other Ticker:  
 

Forian Inc 's Leverage Ratio

FORA's quarterly Leverage Ratio and Total Liabilities, Equity growth


Due to repayements of liabilities of -7.03% Forian Inc improved Leverage Ratio in third quarter 2023 to 1.2, below the company's average Leverage Ratio.

Within Cloud Computing & Data Analytics industry in the third quarter 2023, 39 other companies have achieved lower Leverage Ratio than Forian Inc in the III Quarter 2023. While Leverage Ratio total ranking has improved so far in the third quarter 2023 to 1368, from total ranking in the second quarter 2023 at 2464 .

Explain Leverage Ratio?
Who are FORA Customers?
What are FORA´s Total Liabilities?


FORA Leverage Ratio (Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity Change 86.06 % 18.84 % -3.84 % -50.65 % -52.49 %
Y / Y Total Liabilities Change -3.59 % 6.26 % 6.09 % 7.73 % 12.65 %
Leverage Ratio MRQ 1.2 1.66 1.73 2.69 2.33
FORA's Total Ranking # 1368 # 2464 # 2524 # 2782 # 2846
Seq. Equity Change 28.25 % 1.89 % 64.28 % -13.32 % -18.09 %
Seq. Total Liabilities Change -7.03 % -1.89 % 5.27 % 0.4 % 2.47 %



Leverage Ratio third quarter 2023 Company Ranking
Within: No.
Cloud Computing & Data Analytics Industry # 40
Technology Sector # 225
Overall Market # 1368


Leverage Ratio Statistics
High Average Low
2.69 1.54 0.17
(Dec 31 2022)   (Jun 30 2021)




Financial Statements
Forian Inc 's Equity $ 27 Millions Visit FORA's Balance sheet
Forian Inc 's Total Liabilities $ 32 Millions Visit FORA's Balance sheet
Source of FORA's Sales Visit FORA's Sales by Geography


Cumulative Forian Inc 's Leverage Ratio

FORA's Leverage Ratio for the trailling 12 Months

FORA Leverage Ratio

(Sep 30 2023)
III. Quarter
(Jun 30 2023)
II. Quarter
(Mar 31 2023)
I. Quarter
(Dec 31 2022)
IV. Quarter
(Sep 30 2022)
III. Quarter
Y / Y Equity TTM Growth 86.06 % 18.84 % -3.84 % -50.65 % -52.49 %
Y / Y Total Liabilities TTM Growth -3.59 % 6.26 % 6.09 % 7.73 % 12.65 %
Leverage Ratio TTM 1.69 2.01 2.08 2.02 1.66
Total Ranking TTM # 1864 # 12 # 14 # 9 # 2470
Seq. Equity TTM Growth 28.25 % 1.89 % 64.28 % -13.32 % -18.09 %
Seq. Total Liabilities TTM Growth -7.03 % -1.89 % 5.27 % 0.4 % 2.47 %


On the trailing twelve months basis Due to repayements of liabilities of -7.03% Forian Inc decreased Leverage Ratio in the 12 months ending in III Quarter 2023 to 1.69, above the Forian Inc 's average Leverage Ratio.
Leverage Ratio is the average cumulative value over the last four quarters.

Among companies in the Cloud Computing & Data Analytics industry 49, during the past 12 months, other companies have achieved lower Leverage Ratio than Forian Inc . While Leverage Ratio total ranking has deteriorated during the twelve months ending in the III Quarter 2023, compared to the prior period, from 12 to 1864.

Explain Leverage Ratio?
Who are FORA Customers?
What are FORA´s Total Liabilities?

TTM Leverage Ratio Company Ranking
Within: No.
Within the Cloud Computing & Data Analytics Industry # 50
Technology Sector # 332
Within the Market # 1864


trailing twelve months Leverage Ratio Statistics
High Average Low
2.1 1.6 0.92
(Mar 31 2023)   (Mar 31 2022)




Companies with similar Leverage Ratio in the quarter ending Sep 30 2023, within Cloud Computing & Data Analytics Industry Leverage RatioSep 30 2023 MRQ Total LiabilitiesSep 30 2023 MRQ Equity
Phunware Inc   3.24 $ 21.255  Millions$ 6.555  Millions
Open Text Corp  2.90 $ 11,652.408  Millions$ 4,014.258  Millions
Inpixon  2.19 $ 17.280  Millions$ 7.882  Millions
Yext Inc   2.17 $ 295.294  Millions$ 136.346  Millions
Widepoint Corporation  2.07 $ 32.203  Millions$ 15.561  Millions
Leidos Holdings Inc   2.05 $ 8,611.000  Millions$ 4,203.000  Millions
Five9 Inc   1.95 $ 962.574  Millions$ 493.870  Millions
Legalzoom com Inc   1.89 $ 279.171  Millions$ 147.342  Millions
Science Applications International Corporation  1.87 $ 3,420.000  Millions$ 1,828.000  Millions
Msp Recovery Inc   1.82 $ 2,996.740  Millions$ 1,643.662  Millions
Applied Digital Corporation  1.73 $ 221.205  Millions$ 127.948  Millions
Compass Inc   1.65 $ 789.600  Millions$ 477.400  Millions
Silversun Technologies Inc   1.61 $ 11.334  Millions$ 7.053  Millions
Creative Realities Inc   1.54 $ 42.286  Millions$ 27.403  Millions
Ribbon Communications inc   1.53 $ 677.687  Millions$ 443.928  Millions
Auddia Inc   1.48 $ 3.581  Millions$ 2.415  Millions
Innodata inc  1.47 $ 33.565  Millions$ 22.860  Millions
Ebix Inc  1.46 $ 950.906  Millions$ 651.544  Millions
Saverone 2014 Ltd   1.40 $ 14.804  Millions$ 10.572  Millions
Telus International cda Inc   1.37 $ 2,786.000  Millions$ 2,037.000  Millions
Healthcare Triangle Inc   1.36 $ 8.339  Millions$ 6.127  Millions
Verint Systems Inc  1.36 $ 1,091.601  Millions$ 805.365  Millions
Brightcove Inc  1.32 $ 121.843  Millions$ 92.302  Millions
Bilibili Inc   1.30 $ 2,643.300  Millions$ 2,028.799  Millions
Evertec Inc   1.28 $ 689.049  Millions$ 536.349  Millions
Cars com Inc   1.28 $ 620.178  Millions$ 483.010  Millions
Heartcore Enterprises Inc   1.27 $ 13.469  Millions$ 10.574  Millions
Forian Inc   1.20 $ 32.127  Millions$ 26.665  Millions
Parsons Corporation  1.14 $ 2,560.252  Millions$ 2,248.100  Millions
Caci International Inc  1.13 $ 3,573.573  Millions$ 3,164.033  Millions

Date modified: 2023-11-12T09:56:07+00:00



Help

About us

Advertise

CSIMarket Company, Sector, Industry, Market Analysis, Stock Quotes, Earnings, Economy, News and Research. 
   Copyright © 2024 CSIMarket, Inc. All rights reserved. This site uses cookies to make your browsing experince better. By using this site, you agree to the Terms of Service and Privacy Policy - UPDATED (Read about our Privacy Policy)

Intraday data delayed per exchange requirements. All quotes are in local exchange time. Intraday data delayed 15 minutes for Nasdaq, and other exchanges. Fundamental and financial data for Stocks, Sector, Industry, and Economic Indicators provided by CSIMarket.com