Forian Inc.

Forian Inc.verified

FORA

Price:

$2.51

Market Cap:

$78.16M

Forian Inc. provides software solutions, proprietary data driven insights, and predictive analytics to optimize the operational, clinical, and financial performance of its healthcare, cannabis, and government customers. It operates through three segments: Information & Software, Services, and Other. The company's products include BioTrack, a vertically integrated point of sale, manufacturing, delivery, and cultivator software solution for dispensaries, cultivators, manufacturers, and distributors; and Cannalytics, a Software as a Service based analytics solution that provides clients with a presentation of business performance. Its products also comprise BioTrack seed-to-sale compliance trac...[Read more]

Industry

Medical - Healthcare Information Services

IPO Date

2021-03-03

Stock Exchange

NASDAQ

Ticker

FORA

The Current Ratio as of July 2024 (TTM) for Forian Inc. (FORA) is 8.60

According to Forian Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 8.60. This represents a change of 11.31% compared to the average of 7.73 of the last 4 quarters.

Forian Inc. (FORA) Historical Current Ratio (quarterly & annually)

How has FORA Current Ratio performed in the past?

The mean historical Current Ratio of Forian Inc. over the last ten years is 5.40. The current 8.60 Current Ratio has changed 15.84% with respect to the historical average. Over the past ten years (40 quarters), FORA's Current Ratio was at its highest in in the December 2020 quarter at 9.72. The Current Ratio was at its lowest in in the March 2020 quarter at 0.

Quarterly (TTM)
Annual

Average

5.40

Median

5.29

Minimum

0.38

Maximum

9.72

Forian Inc. (FORA) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Forian Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 2.45%

Maximum Annual Current Ratio = 9.72

Minimum Annual Increase = -45.53%

Minimum Annual Current Ratio = 0.38

Quarterly (TTM)
Annual
YearCurrent RatioChange
20238.38159.91%
20223.22-39.11%
20215.29-45.53%
20209.722.45%

Forian Inc. (FORA) Average Current Ratio

How has FORA Current Ratio performed in the past?

The current Current Ratio of Forian Inc. (FORA) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

5.63

5-year avg

5.40

10-year avg

5.40

Forian Inc. (FORA) Current Ratio vs. Peers

How is FORA’s Current Ratio compared to its peers?

Forian Inc.’s Current Ratio is greater than HealthStream, Inc. (1.24), greater than National Research Corporation (0.41), greater than Computer Programs and Systems, Inc. (1.44), greater than Tabula Rasa HealthCare, Inc. (1.57), greater than HealthEquity, Inc. (4.39), greater than Health Catalyst, Inc. (4.28), less than NextGen Healthcare, Inc. (0), greater than Agiliti, Inc. (2.52), greater than Allscripts Healthcare Solutions, Inc. (1.68), greater than Definitive Healthcare Corp. (0), greater than null (2.21),

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