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Forza Innovations Inc. FORZ OTC

Other OTC • Healthcare • Medical - Devices • US • USD

SharesGrow Score
24/100
0/5 Pass
SharesGrow Intrinsic Value
N/A
Negative cash flow

Forza Innovations Inc. (FORZ) reported total assets of $73.4K and total liabilities of $4.33M for quarter ending 2023-12-31, resulting in total equity of $-4.26M.

The company held $1.21K in cash and short-term investments. Total debt stood at $2.05M, with net debt of $2.05M. The Debt-to-Equity (D/E) ratio was -0.48 (conservative).

Current ratio is 0, which may signal tight short-term liquidity. Interest coverage is -0.1x (weak).

Criteria supported by this page:

  • HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
  • MOAT (50/100) — Total assets $73.4K and equity $-4.26M support the company's competitive scale

Overall SharesGrow Score: 22/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score
24/100
SG Score
View full scorecard →
VALUE
N/A
No coverage
FUTURE
N/A
No coverage
PAST
0/100
→ Income
HEALTH
0/100
Debt-to-Equity & liquidity
Proven by this page
~
MOAT
50/100
Proven by this page
~
GROWTH
58/100
→ Income
INCOME
10/100
→ Income
Forza Innovations Inc. Balance Sheet History
Metric Q2 FY2024 Q1 FY2024 Q4 FY2023 Q3 FY2023
Total Assets $73.4K$88.39K$91.4K$252.15K
Total Liabilities $4.33M$5.25M$4.7M$2.92M
Total Debt $2.05M$1.96M$1.81M$1.52M
Cash & Investments $1.21K$0.00$0.00$12.64K
Total Stockholders Equity $-4.26M$-5.16M$-4.61M$-2.67M
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