Forge Innovation Development (Forge Innovation Development) Debt-to-Revenue : 8.78 (As of Mar. 2024)

View and export this data going back to 2018. Start your Free Trial

What is Forge Innovation Development Debt-to-Revenue?

Debt-to-Revenue measures a company's ability to pay off its debt.

Forge Innovation Development's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $0.46 Mil. Forge Innovation Development's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Mar. 2024 was $4.32 Mil. Forge Innovation Development's annualized Revenue for the quarter that ended in Mar. 2024 was $0.54 Mil. Forge Innovation Development's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 was 8.78.

Forge Innovation Development Debt-to-Revenue Historical Data

The historical data trend for Forge Innovation Development's Debt-to-Revenue can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Forge Innovation Development Debt-to-Revenue Chart

Forge Innovation Development Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Debt-to-Revenue

Get a 7-Day Free Trial

3.44

3.14

0.83

0.46

10.63

Forge Innovation Development Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Debt-to-Revenue	Get a 7-Day Free Trial															25.73	9.70	8.57	9.09	8.78

Competitive Comparison of Forge Innovation Development's Debt-to-Revenue

For the Real Estate Services subindustry, Forge Innovation Development's Debt-to-Revenue, along with its competitors' market caps and Debt-to-Revenue data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Forge Innovation Development's Debt-to-Revenue Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Forge Innovation Development's Debt-to-Revenue distribution charts can be found below:

* The bar in red indicates where Forge Innovation Development's Debt-to-Revenue falls into.

Forge Innovation Development Debt-to-Revenue Calculation

Debt-to-Revenue measures a company's ability to pay off its debt.

Forge Innovation Development's Debt-to-Revenue for the fiscal year that ended in Dec. 2023 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.466	+	4.19)	/	0.438
	=	10.63

Forge Innovation Development's annualized Debt-to-Revenue for the quarter that ended in Mar. 2024 is calculated as

Debt-to-Revenue	=	Total Debt			/	Revenue
	=	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)	/	Revenue
	=	(0.459	+	4.316)	/	0.544
	=	8.78

In the calculation of annual Debt-to-Revenue, the Revenue of the last fiscal year is used. In calculating the annualized quarterly data, the Revenue data used here is four times the quarterly (Mar. 2024) Revenue data.

Forge Innovation Development Debt-to-Revenue Related Terms

Thank you for viewing the detailed overview of Forge Innovation Development's Debt-to-Revenue provided by GuruFocus.com. Please click on the following links to see related term pages.

Forge Innovation Development (Forge Innovation Development) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Forge Innovation Development Corp (OTCPK:FGNV) » Definitions » Debt-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

6280 Mission Boulevard, Unit 205, Jurupa Valley, CA, USA, 92509

Website

https://www.forgecorpusa.com

Forge Innovation Development Corp is a real estate development company. The company is engaged in commercial and residential land development, including purchase and sale of real estate, targeting properties in Southern California. Its primary business is to acquire land and develop and sell fully constructed homes and commercial property such as stores, offices, and private schools, among others to non-affiliated third parties. It also intends to invest its funds in income-yielding properties.

Forge Innovation Development (Forge Innovation Development) Headlines

No Headlines