Andrew Douglas - Forian Chief Officer

FORA Stock  USD 2.59  0.05  1.89%   

Insider

Andrew Douglas is Chief Officer of Forian Inc
Address 41 University Drive, Newtown, PA, United States, 18940
Phone267 225 6263
Webhttps://forian.com

Forian Management Efficiency

The company has return on total asset (ROA) of (0.055) % which means that it has lost $0.055 on every $100 spent on assets. This is way below average. Similarly, it shows a return on stockholder's equity (ROE) of 0.118 %, meaning that it created $0.118 on every $100 dollars invested by stockholders. Forian's management efficiency ratios could be used to measure how well Forian manages its routine affairs as well as how well it operates its assets and liabilities. As of June 2, 2024, Return On Tangible Assets is expected to decline to -0.0075. The current year's Return On Capital Employed is expected to grow to -0.09. At present, Forian's Non Currrent Assets Other are projected to increase significantly based on the last few years of reporting. The current year's Other Current Assets is expected to grow to about 3.5 M, whereas Total Assets are forecasted to decline to about 38.5 M.
The company currently holds 23 M in liabilities with Debt to Equity (D/E) ratio of 1.79, which is about average as compared to similar companies. Forian Inc has a current ratio of 3.23, suggesting that it is liquid enough and is able to pay its financial obligations when due. Debt can assist Forian until it has trouble settling it off, either with new capital or with free cash flow. So, Forian's shareholders could walk away with nothing if the company can't fulfill its legal obligations to repay debt. However, a more frequent occurrence is when companies like Forian Inc sell additional shares at bargain prices, diluting existing shareholders. Debt, in this case, can be an excellent and much better tool for Forian to invest in growth at high rates of return. When we think about Forian's use of debt, we should always consider it together with cash and equity.

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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. In addition, the company offers security monitoring and web marketing services. Forian operates under Health Information Services classification in the United States and is traded on NASDAQ Exchange. It employs 138 people. Forian Inc (FORA) is traded on NASDAQ Exchange in USA. It is located in 41 University Drive, Newtown, PA, United States, 18940 and employs 36 people. Forian is listed under Health Care Equipment & Supplies category by Fama And French industry classification.

Management Performance

Forian Inc Leadership Team

Elected by the shareholders, the Forian's board of directors comprises two types of representatives: Forian inside directors who are chosen from within the company, and outside directors, selected externally and held independent of Forian. The board's role is to monitor Forian's management team and ensure that shareholders' interests are well served. Forian's inside directors are responsible for reviewing and approving budgets prepared by upper management to implement core corporate initiatives and projects. On the other hand, Forian's outside directors are responsible for providing unbiased perspectives on the board's policies.
David Terrell, BioTrack Officer
Jason Holden, Vice Development
Edward Spaniel, General VP
Andrew Douglas, Chief Officer
Daniel Barton, CEO Director
Rebecca Adams, Vice Resources
Michael Vesey, Chief Officer
Paul Reuscher, Chief Officer
Max Wygod, CoFounder Chairman
Adam Dublin, Chief CoFounder
Mark Grove, VP Sales

Forian Stock Performance Indicators

The ability to make a profit is the ultimate goal of any investor. But to identify the right stock is not an easy task. Is Forian a good investment? Although profit is still the single most important financial element of any organization, multiple performance indicators can help investors identify the equity that they will appreciate over time.

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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 Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forian Inc. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Fundamental Analysis module to view fundamental data based on most recent published financial statements.

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When running Forian's price analysis, check to measure Forian'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 Forian is operating at the current time. Most of Forian's value examination focuses on studying past and present price action to predict the probability of Forian's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forian's price. Additionally, you may evaluate how the addition of Forian to your portfolios can decrease your overall portfolio volatility.
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Is Forian's industry 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
0.09
Revenue Per Share
0.646
Quarterly Revenue Growth
0.001
Return On Assets
(0.06)
Return On Equity
0.118
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.