FORZ (Forza Innovations) Short-Term Debt: $2.05 Mil (As of Dec. 2023)


What is Forza Innovations Short-Term Debt?

Forza Innovations FORZ -99.00% Short-Term Debt is $2.05 Mil as of Dec. 2023.

Forza Innovations's Short-Term Debt for the quarter that ended in Dec. 2023 was $2.05 Mil.

Forza Innovations's quarterly Short-Term Debt increased from Jun. 2023 ($1.81 Mil) to Sep. 2023 ($1.96 Mil) and increased from Sep. 2023 ($1.96 Mil) to Dec. 2023 ($2.05 Mil).

Forza Innovations's annual Short-Term Debt increased from Jun. 2021 ($0.27 Mil) to Jun. 2022 ($0.93 Mil) and increased from Jun. 2022 ($0.93 Mil) to Jun. 2023 ($1.81 Mil).

Forza Innovations Short-Term Debt Explanation

Short-Term Debt represents the total amount of Long-Term Debt such as bank loans and commercial paper, which is due within one year.

Forza Innovations Short-Term Debt Related Terms

Forza Innovations Short-Term Debt Historical Data

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The historical data trend for Forza Innovations's Short-Term Debt 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.

Forza Innovations Short-Term Debt Chart

Forza Innovations Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Short-Term Debt
Get a 7-Day Free Trial 0.07 0.14 0.27 0.93 1.81

Forza Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Short-Term Debt 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 1.32 1.53 1.81 1.96 2.05
Frequently Asked Questions Learn more about Short-Term Debt →
What does a Short-Term Debt of $2.05 Mil mean?
Forza Innovations (FORZ) has a Short-Term Debt of $2.05 Mil as of Dec. 2023.
Is Forza Innovations' Short-Term Debt too high?
Forza Innovations' current Short-Term Debt is $2.05 Mil.
How does Forza Innovations' Short-Term Debt compare to USAQ and EMED?
Forza Innovations' Short-Term Debt of $2.05 Mil can be compared against companies in the Medical Devices & Instruments industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Short-Term Debt for a Medical Devices & Instruments company?
A good Short-Term Debt depends on the Medical Devices & Instruments industry context. However, Short-Term Debt should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Short-Term Debt mean?
A high Short-Term Debt can signal that a stock is expensive relative to its fundamentals. Forza Innovations's current Short-Term Debt is $2.05 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forza Innovations stock overvalued right now?
Forza Innovations (FORZ) has a current Short-Term Debt of $2.05 Mil. The current Short-Term Debt is $2.05 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Short-Term Debt calculated?
Short-Term Debt is calculated from a company's financial statements. For Forza Innovations (FORZ), the current Short-Term Debt is $2.05 Mil as of Dec. 2023. 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.

Forza Innovations Business Description

Address 406 9th Avenue, Suite 210, San Diego, CA, USA, 92101
Forza Innovations Inc is in the health-tech wearable performance business. The company has acquired all the ownership and rights to certain late developmental-stage products, including the J4 Sport, J4 X, and J4 Fitbelt. These products are wearable back compression devices, used to relax, warm up, loosen, or relax stiff & sore muscles. The therapeutic application of heat causes a change in the temperature of the soft tissues which decreases joint stiffness and relieves inflammation.