Forza Innovations Inc.

Forza Innovations Inc.verified

FORZ

Price:

$0.0001

Market Cap:

$252.18K

Forza Innovations Inc. engages in the health-tech wearable performance business. It offers WarmUp series product line, including J4 Sport, J4 X, and J4 Fitbelt, which are wearable back compression devices that could be used to relax, warmup, loosen, or relax stiff and sore muscles. The company was formerly known as Genesys Industries, Inc. and changed its name to Forza Innovations Inc. in June 2021. Forza Innovations Inc. was incorporated in 2014 and is based in San Diego, California.[Read more]

Industry

Medical - Devices

IPO Date

2019-10-17

Stock Exchange

PNK

Ticker

FORZ

The Current Ratio as of September 2024 (TTM) for Forza Innovations Inc. (FORZ) is 0.00

According to Forza Innovations Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.00. This represents a change of -94.52% compared to the average of 0.01 of the last 4 quarters.

Forza Innovations Inc. (FORZ) Historical Current Ratio (quarterly & annually)

How has FORZ Current Ratio performed in the past?

The mean historical Current Ratio of Forza Innovations Inc. over the last ten years is 0.63. The current 0.00 Current Ratio has changed -95.55% with respect to the historical average. Over the past ten years (40 quarters), FORZ's Current Ratio was at its highest in in the March 2017 quarter at 5.77. The Current Ratio was at its lowest in in the December 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

0.63

Median

0.22

Minimum

0

Maximum

3.02

Forza Innovations Inc. (FORZ) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Forza Innovations Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 32.42%

Maximum Annual Current Ratio = 3.02

Minimum Annual Increase = -100.00%

Minimum Annual Current Ratio = 0

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230-100.00%
20220.17417.28%
20210.03-94.69%
20200.61-33.79%
20190.92249.81%
20180.26-91.26%
20173.0232.42%

Forza Innovations Inc. (FORZ) Average Current Ratio

How has FORZ Current Ratio performed in the past?

The current Current Ratio of Forza Innovations Inc. (FORZ) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

0.07

5-year avg

0.35

10-year avg

0.63

Forza Innovations Inc. (FORZ) Current Ratio vs. Peers

How is FORZ’s Current Ratio compared to its peers?

Forza Innovations Inc.’s Current Ratio is less than REMSleep Holdings, Inc. (1.63), less than Micron Solutions, Inc. (1.51), less than 908 Devices Inc. (5.09), less than Abbott Laboratories (1.68), less than Odyssey Group International, Inc. (0.03), greater than BioElectronics Corporation (0), less than Conformis, Inc. (5.07), less than Myomo, Inc. (2.34), less than Quipt Home Medical Corp. (1.11), less than TELA Bio, Inc. (3.41), less than Treace Medical Concepts, Inc. (3.86), less than Pulmonx Corporation (8.96), less than Profound Medical Corp. (8.61), less than Nuwellis, Inc. (1.20), less than Helius Medical Technologies, Inc. (4.20), less than ReShape Lifesciences Inc. (1.90), less than Bone Biologics Corporation (11.22), less than Sintx Technologies, Inc. (1.94),

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