FORA (Forian) Equity-to-Asset: 0.69 (As of Mar. 2026) — 50% Above Median

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Director of Data and Quant Analytics at GuruFocus
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FORA Forian Inc FORA
46 GF Score
Price $2.17
GF Value $3.27
! 6 Warning Signs
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What is Forian Equity-to-Asset?

Forian FORA 46 Equity-to-Asset is 0.69 as of Mar. 2026, which is 50% above its 10-year median of 0.46. GuruFocus rates FORA with a GF Score™ of 46/100 and a GF Value™ of $3.27. The stock has 6 warning signs investors should review. Among 686 Healthcare Providers & Services companies, Forian ranks better than 72.01% on this metric.

Equity to Asset ratio is calculated as total stockholders equity divided by total asset. Forian's Total Stockholders Equity for the quarter that ended in Mar. 2026 was $26.89 Mil. Forian's Total Assets for the quarter that ended in Mar. 2026 was $38.81 Mil. Therefore, Forian's Equity to Asset Ratio for the quarter that ended in Mar. 2026 was 0.69.

The historical rank and industry rank for Forian's Equity-to-Asset or its related term are showing as below:

FORA' s Equity-to-Asset Range Over the Past 10 Years
Min: -1.57   Med: 0.46   Max: 0.9
Current: 0.69

During the past 7 years, the highest Equity to Asset Ratio of Forian was 0.90. The lowest was -1.57. And the median was 0.46.

FORA's Equity-to-Asset is ranked better than
72.01% of 686 companies
in the Healthcare Providers & Services industry
Industry Median: 0.48 vs FORA: 0.69

Forian  (NAS:FORA) Equity-to-Asset Explanation

Equity to Asset ratio can vary greatly across different industries, as they have different capital structure. A company with smaller Equity to Asset ratio (more leveraged) may have higher ROE % because of the leverage.

For banks, the required minimum Equity to Asset ratio by regulation is 5%. Some stronger banks may have Equity to Asset Ratio of more than 10%.


Forian Equity-to-Asset Related Terms


Forian Equity-to-Asset Historical Data

* Premium members only.

The historical data trend for Forian's Equity-to-Asset 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.

Forian Equity-to-Asset Chart

Forian Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Equity-to-Asset
Get a 7-Day Free Trial 0.44 0.27 0.46 0.64 0.68

Forian Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Equity-to-Asset Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.62 0.64 0.75 0.68 0.69

FORA vs DRIO, ONMD, BEAT: Equity-to-Asset Comparison

For the Health Information Services subindustry, Forian's Equity-to-Asset, along with its competitors' market caps and Equity-to-Asset 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.


Forian Equity-to-Asset vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Forian's Equity-to-Asset distribution charts can be found below:

* The bar in red indicates where Forian's Equity-to-Asset falls into.


FORA
46GF Score
Forian Inc FORA
Equity-to-Asset is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Forian Equity-to-Asset Calculation

Equity to Asset ratio measures the ratios of the portion of the asset owned by shareholders out of the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Equity to Asset ratio is calculated by dividing total stockholders equity by total asset.

Forian's Equity to Asset Ratio for the fiscal year that ended in Dec. 2025 is calculated as

Equity to Asset (A: Dec. 2025 )=Total Stockholders Equity/Total Assets
=29.779/44.131
=0.67

Forian's Equity to Asset Ratio for the quarter that ended in Mar. 2026 is calculated as

Equity to Asset (Q: Mar. 2026 )=Total Stockholders Equity/Total Assets
=26.887/38.814
=0.69

* 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.

Frequently Asked Questions Learn more about Equity-to-Asset →
What does a Equity-to-Asset of 0.69 mean?
Forian (FORA) has a Equity-to-Asset of 0.69 as of Mar. 2026. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Forian and its competitors. This is 50% above median its historical median of 0.46. According to the industry distribution chart, Forian ranks #192 out of 686 companies in the Healthcare Providers & Services industry, placing it in the top 28%.
Is Forian's Equity-to-Asset too high?
Forian's current Equity-to-Asset of 0.69 is 50% above median its 10-year median of 0.46. The Healthcare Providers & Services industry median Equity-to-Asset is 0.48. Forian's value of 0.69 is 43.8% above this industry median. Based on the distribution chart, Forian ranks #192 out of 686 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Forian has a GF Score™ of 46/100, reflecting its overall financial health beyond just this single metric.
How does Forian's Equity-to-Asset compare to DRIO and ONMD?
According to the Healthcare Providers & Services industry distribution chart, Forian ranks #192 out of 686 companies for Equity-to-Asset. This puts Forian in the upper half of its industry. The industry median Equity-to-Asset is 0.48. Forian's value of 0.69 is 43.8% above this benchmark. While the company's 10-year median is 0.46 vs. the industry median of 0.48, Forian has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Equity-to-Asset for a Healthcare Providers & Services company?
The median Equity-to-Asset among Healthcare Providers & Services companies is 0.48, based on 686 companies in the industry. Companies in the top quartile (top 25%) have a Equity-to-Asset significantly above this median, while those in the bottom quartile fall well below. However, Equity-to-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forian's current Equity-to-Asset of 0.69 is 43.8% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Equity-to-Asset mean?
A high Equity-to-Asset can signal that a stock is expensive relative to its fundamentals. Equity-to-asset ratio equals total company equity divided by total assets. It measures financial leverage. View historical data on Forian and its competitors. For the Healthcare Providers & Services industry, the median Equity-to-Asset is 0.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forian's current Equity-to-Asset is 0.69, which is 50% above median its own 10-year median of 0.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forian stock overvalued right now?
Forian (FORA) has a current Equity-to-Asset of 0.69. The stock's GF Value™ is $3.27, compared to a current price of $2.17 — trading 33.6% below its estimated fair value. The current Equity-to-Asset is 0.69, which is 50% above median its 10-year median of 0.46 and 43.8% above the Healthcare Providers & Services industry median of 0.48. Forian's overall GF Score™ is 46/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Equity-to-Asset calculated?
Equity-to-Asset is calculated from a company's financial statements. For Forian (FORA), the current Equity-to-Asset is 0.69 as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Forian (FORA) Overvalued in 2026?

Based on GuruFocus' analysis, Forian stock appears to be undervalued. The current stock price of $2.17 is trading 33.6% below its estimated GF Value™ of $3.27.

Key valuation signals for FORA:

  • Equity-to-Asset: 0.69 (50% above median its 10-year median of 0.46)
  • GF Value™: $3.27 vs. price of $2.17 (33.6% below fair value)
  • GF Score™: 46/100 with 6 warning signs
  • Industry Position: 43.8% above the Healthcare Providers & Services median (#192 of 686)

No single metric tells the full story. See the FORA stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Forian Business Description

Address 41 University Drive, Suite 400, Newtown, PA, USA, 18940
Forian Inc provides a suite of Software, data management capabilities, and proprietary data and analytics to optimize and measure operational, clinical, and financial performance for customers within the traditional and emerging life sciences, healthcare payer, and provider segments, as well as cannabis dispensaries, manufacturers, and cultivators.
46GF Score

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Equity-to-Asset is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$2.17
Price
$3.27
GF Value