FORGE INNOVATION DEVELOPMENT CORP. Balance Sheet
FGNV|8 years of annual SEC 10-K data (FY2017-FY2024)
Shows total assets, cash and equivalents, receivables, property and equipment, total debt, and shareholders' equity across 8 fiscal years. All figures from audited SEC 10-K filings.
At a glance
Total Assets
$8M
FY2024
Cash
$32,403
Cash and equivalents
Total Debt
$20,123
FY2024
Shareholder Equity
$1M
FY2024
FORGE INNOVATION DEVELOPMENT CORP. had $8M in total assets and $1M in shareholders' equity as of FY2024. Total debt was $20,123 against $32,403 in cash, resulting in a $12,280 net cash position.
Based on SEC 10-K filings.
Key Data Points
- Altman Z-Score -0.35 (distress zone, below 1.23 threshold)
- Currently unprofitable: Net income is negative
- Cash-backed earnings: Operating cash flow exceeds net income
- Negative return on equity: -120.0% ROE
- Conservative debt: Debt-to-equity ratio of 0.02
Data sourced from SEC EDGAR filings. Not investment advice.
| Item | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 | FY2019 | FY2018 | FY2017 |
|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $32.4K | $4.9K | $11.7K | $60.4K | $236.6K | $366.3K | $653.1K | $824.8K |
| Accounts Receivable | - | - | - | $9.0K | $3.0K | - | $3.0K | - |
| Current Assets | $200.3K | $1.1M | $28.3K | $84.1K | $252.4K | $484.3K | $766.1K | $1.0M |
| PP&E (Net) | $47.3K | $63.5K | $83.6K | $47.3K | $24.6K | $34.4K | $29.2K | - |
| Total Assets | $8.2M | $9.3M | $125.8K | $145.3K | $353.7K | $654.7K | $813.6K | $1.1M |
| Current Liabilities | $1.4M | $1.6M | $168.5K | $179.7K | $134.6K | $64.1K | $4.9K | $326.7K |
| Total Debt | $20.1K | $28.2K | $36.2K | $9.5K | - | - | - | - |
| Shareholders' Equity | $1.1M | $2.3M | -$91.3K | -$57.2K | $205.2K | $525.3K | $808.7K | $808.1K |