Forian (FORA) - Net Assets

Net assets on the balance sheet as of June 2024 : S$34.5 Million

According to Forian's latest financial reports the company has S$34.5 Million in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

Forian - Net assets on balance sheet (from 2020 to 2024)

Net assets by year

Year	Net assets	Change
2022-12-31	$S$16.65 M	-51.06%
2021-12-31	$S$34.02 M	128.3%
2020-12-31	$S$14.9 M	-4034.15%
2019-12-31	$-S$0.38 Million

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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Forian (FORA) - Net assets