FORZ (Forza Innovations) Total Stockholders Equity: $-4.26 Mil (As of Dec. 2023)


What is Forza Innovations Total Stockholders Equity?

Forza Innovations FORZ -99.00% Total Stockholders Equity is $-4.26 Mil as of Dec. 2023.

Forza Innovations's Total Stockholders Equity for the quarter that ended in Dec. 2023 was $-4.26 Mil. It refers to the net assets owned by shareholders. It does not include minority interest.

Total Stockholders Equity is used to calculate Book Value per Share. Forza Innovations's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.00. The ratio of a company's debt over equity can be used to measure how leveraged this company is. Forza Innovations's Debt-to-Equity for the quarter that ended in Dec. 2023 was -0.48.

Forza Innovations  (OTCPK:FORZ) Total Stockholders Equity Explanation

1. Total Stockholders Equity is used to calculate Book Value per Share.

Forza Innovations's Book Value per Share for the quarter that ended in Dec. 2023 is

Book Value per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-4.257-0.01)/1890.551
=-0.00

2. The ratio of a company's debt over equity can be used to measure how leveraged this company is.

Forza Innovations's Debt-to-Equity for the quarter that ended in Dec. 2023 is

Debt-to-Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(2.05 + 0) / -4.257
=-0.48

* 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 Total Stockholders Equity Related Terms

Forza Innovations Total Stockholders Equity Historical Data

* Premium members only.

The historical data trend for Forza Innovations's Total Stockholders Equity 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 Total Stockholders Equity Chart

Forza Innovations Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Total Stockholders Equity
Get a 7-Day Free Trial 0.10 0.06 -0.28 -1.33 -4.61

Forza Innovations Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Total Stockholders Equity 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 -1.89 -2.67 -4.61 -5.16 -4.26
What does a Total Stockholders Equity of $-4.26 Mil mean?
Forza Innovations (FORZ) has a Total Stockholders Equity of $-4.26 Mil as of Dec. 2023. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Forza Innovations and its competitors.
Is Forza Innovations' Total Stockholders Equity too high?
Forza Innovations' current Total Stockholders Equity is $-4.26 Mil.
How does Forza Innovations' Total Stockholders Equity compare to USAQ and EMED?
Forza Innovations' Total Stockholders Equity of $-4.26 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 Total Stockholders Equity for a Medical Devices & Instruments company?
A good Total Stockholders Equity depends on the Medical Devices & Instruments industry context. However, Total Stockholders Equity 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 Total Stockholders Equity mean?
A high Total Stockholders Equity can signal that a stock is expensive relative to its fundamentals. The total amount of shareholder's equity as recorded on a company's balance sheet. View historical data for Forza Innovations and its competitors. Forza Innovations's current Total Stockholders Equity is $-4.26 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 Total Stockholders Equity of $-4.26 Mil. The current Total Stockholders Equity is $-4.26 Mil. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Total Stockholders Equity calculated?
Total Stockholders Equity is calculated from a company's financial statements. For Forza Innovations (FORZ), the current Total Stockholders Equity is $-4.26 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.