Debt to EBITDA ratio Analysis of Forian Inc - Deep Dive


Debt to EBITDA of FORA
Dec-23
2.43
Good Debt to EBITDA
Dec-22
-1.16
Very Poor Debt to EBITDA
Growth
310.34
%
Debt to EBITDA Analysis of Forian Inc
Debt to EBITDA Ratio of FORA rose handsomely by 310.34 % this year.
Debt to EBITDA Ratio with value of 2.43 was highest in Year Dec-23 in last Five Years.
Debt to EBITDA Ratio with value of -1.16 was lowest in Year Dec-22 in last Five Years.
Latest Debt to EBITDA Ratio with value of 2.43 is Greater than Average Debt to EBITDA of 0.0225 in last five years.
Other Debt to EBITDA Related Info of FORA that may interest you.
Forian Inc Overview
CodePricePrevious PricePrice ChangeSector
FORA2.672.6275 1.62 % Health Information Services
Fundamental AnalysisTechnical Analysis
Defination of Debt to EBITDA
The Debt to EBITDA Ratio is a solvency metric that measures the company's ability to meet its debt obligations by earnings before covering its interest, taxes, depreciation, and amortization.    more ..
Debt to EBITDA Formula

Debt to EBITDA Related Ratios
CashFlowFromOperationToDebtDebtToCapitalEVToEBITDA

Tsr Stability Index
No Significant Stability
FY - Historical Debt to EBITDA of Forian Inc
PeriodDec-23Dec-22Dec-21Dec-20Dec-19
Debt to EBITDA2.43-1.16-1.020-0.143
Change310.34 %-13.28 %0 %
FY Chart of Debt to EBITDA of Forian Inc


Note : All Data Generated at the End of Trading Hours (EOD Data)