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
DateValue
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