Forian Net Income vs Ebit Analysis

FORA Stock

USD 1.93 0.01 0.52%

Forian financial indicator trend analysis is much more than just examining Forian Inc latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forian Inc is a good investment. Please check the relationship between Forian Net Income and its Ebit accounts. 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forian Inc Net Income account and Ebit. At this time, the significance of the direction appears to have almost identical trend.

The correlation between Forian's Net Income and Ebit is 0.96. Overlapping area represents the amount of variation of Net Income that can explain the historical movement of Ebit in the same time period over historical financial statements of Forian Inc, assuming nothing else is changed. The correlation between historical values of Forian's Net Income and Ebit is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Net Income of Forian Inc are associated (or correlated) with its Ebit. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Ebit has no effect on the direction of Net Income i.e., Forian's Net Income and Ebit go up and down completely randomly.

Correlation Coefficient

0.96

Relationship Direction	Positive
Relationship Strength	Very Strong

View All Relationships

Net Income

Net income is one of the most important fundamental items in finance. It plays a large role in Forian Inc financial statement analysis. It represents the amount of money remaining after all of Forian Inc operating expenses, interest, taxes and preferred stock dividends have been deducted from a company total revenue.

Ebit

Most indicators from Forian's fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forian Inc current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. 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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

The current year's Selling General Administrative is expected to grow to about 15.8 M, whereas Tax Provision is forecasted to decline to about 60.8 K.

	2022	2023	2024	2025 (projected)
Total Operating Expenses	41.6M	20.6M	19.8M	23.4M
Cost Of Revenue	6.9M	5.5M	7.3M	4.5M

Total Operating Expenses Cost Of Revenue

Forian fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Net Tangible Assets	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Common Stock Total Equity	Common Stock Shares Outstanding	Short Term Investments	Non Current Liabilities Total	Other Current Assets	Other Stockholder Equity	Total Liab	Net Invested Capital	Property Plant And Equipment Gross	Short Long Term Debt	Total Current Assets	Capital Stock
Total Assets		0.78	0.91	0.8	0.95	-0.1	0.58	0.73	-0.94	0.75	0.8	0.67	0.6	0.97	0.9	0.83	0.89	0.79	0.92	0.98	0.97	1.0	0.61	0.77	0.97	0.97
Short Long Term Debt Total	0.78		0.72	0.38	0.71	0.36	0.66	0.73	-0.66	0.62	0.63	0.68	0.12	0.74	0.86	0.53	0.67	0.83	0.67	0.73	0.79	0.8	0.67	0.42	0.72	0.83
Other Current Liab	0.91	0.72		0.76	0.78	-0.27	0.76	0.84	-0.96	0.6	0.62	0.78	0.55	0.8	0.81	0.8	0.76	0.79	0.83	0.93	0.95	0.89	0.79	0.81	0.82	0.91
Total Current Liabilities	0.8	0.38	0.76		0.84	-0.31	0.28	0.37	-0.9	0.72	0.53	0.38	0.95	0.79	0.73	0.86	0.77	0.31	0.73	0.86	0.71	0.78	0.32	0.9	0.8	0.82
Total Stockholder Equity	0.95	0.71	0.78	0.84		0.0	0.38	0.52	-0.87	0.85	0.76	0.5	0.69	0.97	0.93	0.75	0.91	0.61	0.87	0.94	0.84	0.95	0.41	0.75	0.97	0.95
Net Tangible Assets	-0.1	0.36	-0.27	-0.31	0.0		0.08	-0.31	0.32	0.37	0.24	0.13	-0.32	-0.11	0.17	-0.28	-0.22	-0.02	-0.34	-0.2	-0.17	-0.07	0.06	-0.54	-0.15	0.0
Property Plant And Equipment Net	0.58	0.66	0.76	0.28	0.38	0.08		0.69	-0.56	0.44	0.6	0.97	0.07	0.37	0.52	0.41	0.23	0.78	0.37	0.54	0.71	0.58	1.0	0.26	0.38	0.59
Net Debt	0.73	0.73	0.84	0.37	0.52	-0.31	0.69		-0.74	0.18	0.39	0.64	0.09	0.66	0.6	0.57	0.66	0.9	0.79	0.72	0.84	0.73	0.71	0.61	0.67	0.69
Retained Earnings	-0.94	-0.66	-0.96	-0.9	-0.87	0.32	-0.56	-0.74		-0.64	-0.6	-0.6	-0.72	-0.89	-0.84	-0.89	-0.87	-0.67	-0.9	-0.97	-0.92	-0.92	-0.59	-0.92	-0.91	-0.94
Accounts Payable	0.75	0.62	0.6	0.72	0.85	0.37	0.44	0.18	-0.64		0.79	0.58	0.65	0.7	0.84	0.55	0.57	0.39	0.48	0.73	0.62	0.75	0.47	0.44	0.7	0.81
Cash	0.8	0.63	0.62	0.53	0.76	0.24	0.6	0.39	-0.6	0.79		0.76	0.4	0.71	0.65	0.63	0.5	0.7	0.57	0.68	0.77	0.81	0.62	0.3	0.7	0.74
Non Current Assets Total	0.67	0.68	0.78	0.38	0.5	0.13	0.97	0.64	-0.6	0.58	0.76		0.18	0.47	0.58	0.49	0.3	0.8	0.43	0.61	0.77	0.67	0.98	0.28	0.48	0.67
Non Currrent Assets Other	0.6	0.12	0.55	0.95	0.69	-0.32	0.07	0.09	-0.72	0.65	0.4	0.18		0.6	0.55	0.73	0.6	0.03	0.52	0.68	0.48	0.58	0.11	0.79	0.62	0.63
Cash And Short Term Investments	0.97	0.74	0.8	0.79	0.97	-0.11	0.37	0.66	-0.89	0.7	0.71	0.47	0.6		0.89	0.79	0.97	0.7	0.96	0.95	0.89	0.97	0.4	0.79	1.0	0.93
Common Stock Total Equity	0.9	0.86	0.81	0.73	0.93	0.17	0.52	0.6	-0.84	0.84	0.65	0.58	0.55	0.89		0.64	0.85	0.64	0.78	0.91	0.81	0.89	0.54	0.68	0.89	0.96
Common Stock Shares Outstanding	0.83	0.53	0.8	0.86	0.75	-0.28	0.41	0.57	-0.89	0.55	0.63	0.49	0.73	0.79	0.64		0.73	0.55	0.78	0.81	0.84	0.83	0.45	0.83	0.79	0.82
Short Term Investments	0.89	0.67	0.76	0.77	0.91	-0.22	0.23	0.66	-0.87	0.57	0.5	0.3	0.6	0.97	0.85	0.73		0.61	0.96	0.92	0.81	0.89	0.27	0.85	0.97	0.88
Non Current Liabilities Total	0.79	0.83	0.79	0.31	0.61	-0.02	0.78	0.9	-0.67	0.39	0.7	0.8	0.03	0.7	0.64	0.55	0.61		0.75	0.71	0.89	0.81	0.79	0.41	0.7	0.73
Other Current Assets	0.92	0.67	0.83	0.73	0.87	-0.34	0.37	0.79	-0.9	0.48	0.57	0.43	0.52	0.96	0.78	0.78	0.96	0.75		0.92	0.9	0.92	0.4	0.85	0.96	0.86
Other Stockholder Equity	0.98	0.73	0.93	0.86	0.94	-0.2	0.54	0.72	-0.97	0.73	0.68	0.61	0.68	0.95	0.91	0.81	0.92	0.71	0.92		0.93	0.97	0.58	0.86	0.96	0.97
Total Liab	0.97	0.79	0.95	0.71	0.84	-0.17	0.71	0.84	-0.92	0.62	0.77	0.77	0.48	0.89	0.81	0.84	0.81	0.89	0.9	0.93		0.97	0.74	0.74	0.9	0.93
Net Invested Capital	1.0	0.8	0.89	0.78	0.95	-0.07	0.58	0.73	-0.92	0.75	0.81	0.67	0.58	0.97	0.89	0.83	0.89	0.81	0.92	0.97	0.97		0.61	0.75	0.97	0.97
Property Plant And Equipment Gross	0.61	0.67	0.79	0.32	0.41	0.06	1.0	0.71	-0.59	0.47	0.62	0.98	0.11	0.4	0.54	0.45	0.27	0.79	0.4	0.58	0.74	0.61		0.3	0.42	0.63
Short Long Term Debt	0.77	0.42	0.81	0.9	0.75	-0.54	0.26	0.61	-0.92	0.44	0.3	0.28	0.79	0.79	0.68	0.83	0.85	0.41	0.85	0.86	0.74	0.75	0.3		0.81	0.78
Total Current Assets	0.97	0.72	0.82	0.8	0.97	-0.15	0.38	0.67	-0.91	0.7	0.7	0.48	0.62	1.0	0.89	0.79	0.97	0.7	0.96	0.96	0.9	0.97	0.42	0.81		0.94
Capital Stock	0.97	0.83	0.91	0.82	0.95	0.0	0.59	0.69	-0.94	0.81	0.74	0.67	0.63	0.93	0.96	0.82	0.88	0.73	0.86	0.97	0.93	0.97	0.63	0.78	0.94

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Forian Account Relationship Matchups

Forian fundamental ratios Accounts

	2020	2021	2022	2023	2024	2025 (projected)
Total Assets	12.6M	56.8M	46.3M	58.9M	47.2M	40.7M
Other Current Liab	480.7K	4.4M	8.0M	4.4M	4.4M	4.0M
Total Current Liabilities	1.3M	6.8M	8.4M	6.8M	16.6M	17.4M
Total Stockholder Equity	11.3M	25.2M	12.4M	26.2M	30.1M	19.2M
Property Plant And Equipment Net	46.4K	2.4M	3.2M	86.7K	82.2K	78.1K
Net Debt	(665.5K)	6.5M	22.4M	18.8M	2.1M	2.0M
Retained Earnings	(6.3M)	(32.8M)	(58.8M)	(47.7M)	(49.9M)	(52.4M)
Accounts Payable	647.6K	1.1M	316.1K	161.6K	982.7K	593.9K
Cash	665.5K	18.7M	3.3M	6.0M	4.6M	6.1M
Non Current Assets Total	46.4K	20.9M	19.3M	1.6M	2.7M	2.6M
Non Currrent Assets Other	(46.4K)	314.4K	255.3K	133.8K	1.4M	1.5M
Cash And Short Term Investments	12.2M	31.1M	20.7M	48.3M	35.1M	27.0M
Short Term Investments	11.5M	12.4M	17.4M	42.3M	30.5M	20.9M
Liabilities And Stockholders Equity	12.6M	56.8M	46.3M	58.9M	47.2M	40.7M
Non Current Liabilities Total	806.5K	24.9M	25.5M	25.9M	728.1K	691.7K
Other Current Assets	121.0K	1.9M	2.7M	5.2M	2.8M	2.3M
Other Stockholder Equity	17.5M	58.0M	71.2M	73.8M	79.9M	55.3M
Total Liab	1.3M	31.7M	33.8M	32.7M	17.1M	21.5M
Net Invested Capital	11.3M	49.4M	37.5M	51.0M	36.8M	34.1M
Property Plant And Equipment Gross	46.4K	2.4M	3.2M	178.4K	203.3K	193.2K
Total Current Assets	12.5M	36.0M	26.9M	57.3M	44.5M	32.5M
Capital Stock	21.2K	31.8K	32.3K	30.9K	31.0K	28.4K
Net Working Capital	11.2M	29.2M	18.6M	50.4M	27.9M	25.1M
Common Stock	21.2K	31.8K	32.3K	30.9K	31.0K	28.4K

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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:

How To Invest In Forian

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Is Forian Stock a good investment?

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What is Forian's Net Worth?

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Largest Health Care Equipment & Supplies Companies

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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 closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

You can also try the USA ETFs module to find actively traded Exchange Traded Funds (ETF) in USA.

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.

Quarterly Earnings Growth

(0.89)

Earnings Share

(0.12)

Revenue Per Share

0.718

Quarterly Revenue Growth

0.447

Return On Assets

(0.07)

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.

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Forian Net Income vs Ebit Analysis

Net Income vs Ebit

Net Income vs Ebit Correlation Analysis

Correlation Coefficient

Net Income

Ebit

Forian fundamental ratios Correlations

Forian Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Forian fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Net Invested Capital	+ 1.0	Total Assets
Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Total Current Assets	+ 1.0	Cash And Short Term Investments
Other Stockholder Equity	+ 0.98	Total Assets
Property Plant And Equipment Gross	+ 0.98	Non Current Assets Total
Cash And Short Term Investments	+ 0.97	Total Assets

Other Stockholder Equity	- 0.97	Retained Earnings
Retained Earnings	- 0.96	Other Current Liab
Capital Stock	- 0.94	Retained Earnings
Retained Earnings	- 0.94	Total Assets
Short Long Term Debt	- 0.92	Retained Earnings
Net Invested Capital	- 0.92	Retained Earnings