Forian (FORA) Convertible Debt (2021 - 2024)
Forian (FORA) posted Convertible Debt of $24.2 million for Q2 2024, up 0.81% on a QoQ basis from $24.0 million in Q1 2024, and down 5.29% year-over-year from $25.5 million in Q3 2023.
Forian (FORA) Convertible Debt (2021 - 2024) Analysis & Trends
Forian's Convertible Debt history runs 4 years deep, the most recent figure standing at $24.2 million for Q2 2024.
- Quarterly Convertible Debt fell 5.29% year-over-year to $24.2 million in Q2 2024, while the trailing twelve-month figure through Jun 2024 was $24.2 million (down 5.29% YoY) and the FY2023 annual result came in at $24.9 million, down 0.94% from the prior year.
- Convertible Debt was $24.2 million for Q2 2024 at Forian, up from $24.0 million in the prior quarter.
- Across five years, Convertible Debt topped out at $25.5 million in Q2 2023 and bottomed at $24.0 million in Q1 2024.
- A 4-year average of $24.7 million and a median of $24.7 million in 2022 frame the typical range for Convertible Debt.
- Annual changes were most pronounced in 2022 — Convertible Debt rose 3.51% — and 2024, when it declined 5.29%.
- Forian's Convertible Debt stood at $24.3 million in 2021, then climbed by 3.49% to $25.1 million in 2022, then dropped by 0.94% to $24.9 million in 2023, then slipped by 2.79% to $24.2 million in 2024.
- Business Quant data shows FORA's Convertible Debt at $24.2 million in Q2 2024, $24.0 million in Q1 2024, and $24.9 million in Q4 2023.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Veeva Systems | 31.81 Bn | 24.50 Bn | 662.02 Mn |
| 2 | BrightSpring Health Services | 14.59 Bn | 13.69 Bn | 482.22 Mn |
| 3 | Healthequity | 8.32 Bn | 8.05 Bn | 256.31 Mn |
| 4 | Hinge Health | 5.97 Bn | 5.65 Bn | 154.23 Mn |
| 5 | 10x Genomics | 5.78 Bn | 5.24 Bn | 106.18 Mn |
| 6 | MiniMed | 4.53 Bn | 4.23 Bn | 480.00 Mn |
| 7 | Waystar Holding | 4.49 Bn | 4.42 Bn | 216.84 Mn |
| 8 | Doximity | 3.99 Bn | 3.24 Bn | 125.97 Mn |
| 9 | Privia Health | 3.18 Bn | 2.76 Bn | - |
| 10 | Forian | 67.60 Mn | 36.65 Mn | 2.01 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2024 | 24.18 Mn |
| Mar 31, 2024 | 23.98 Mn |
| Dec 31, 2023 | 24.87 Mn |
| Sep 30, 2023 | 24.67 Mn |
| Jun 30, 2023 | 25.53 Mn |
| Mar 31, 2023 | 25.32 Mn |
| Dec 31, 2022 | 25.11 Mn |
| Sep 30, 2022 | 24.89 Mn |
| Jun 30, 2022 | 24.68 Mn |
| Mar 31, 2022 | 24.47 Mn |
| Dec 31, 2021 | 24.26 Mn |
| Sep 30, 2021 | 24.05 Mn |