Forge Global Holdings, Inc. (FRGE) quarterly balance sheet — complete assets, liabilities & equity history
| Metric | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 | Q1'21 | Q4'20 |
|---|
| Total Current Assets | 78.29M | 99.98M | 107.4M | 119.17M | 129.4M | 137.02M | 148.65M | 163.1M | 170.44M | 176.3M | 186.08M | 206.89M | 217M | 221.25M | 214.1M | 88.08M | 96.73M | 1.46M | 1.78M | 91.35M |
| Cash & Short-Term Investments | 61.77M | 80.7M | 93.06M | 106.21M | 116.61M | 121.56M | 130.68M | 153.48M | 158.26M | 162.19M | 175.27M | 193.14M | 202.6M | 206.76M | 204.13M | 76.4M | 80.45M | 1.01M | 1.23M | 40.58M |
| Cash Only | 32.29M | 54.31M | 70.47M | 105.14M | 115.56M | 115.11M | 128.52M | 145.78M | 155.13M | 159.53M | 175.27M | 193.14M | 202.6M | 206.76M | 204.13M | 76.4M | 80.45M | 1.01M | 1.23M | 40.58M |
| Short-Term Investments | 29.47M | 26.39M | 22.58M | 1.07M | 1.06M | 6.46M | 2.17M | 7.69M | 3.13M | 2.67M | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accounts Receivable | 8.08M | 8.12M | 5.85M | 4.71M | 8.02M | 7.53M | 5.55M | 4.07M | 3.87M | 4.68M | 3.29M | 3.54M | 3.05M | 2.29M | 3.8M | 6.53M | 4.02M | 0 | 0 | 5.74M |
| Days Sales Outstanding | 138.72 | 106.83 | 84.45 | 92.4 | 152.39 | 123.3 | 105.33 | 77.89 | 76.11 | 102.27 | 77.58 | 76.9 | 69.95 | 50.3 | 69.35 | 80.37 | 53.09 | - | - | 106.09 |
| Inventory | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Days Inventory Outstanding | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Current Assets | 1.15M | 11.16M | 4.93M | 4.76M | 547K | 3M | 9.75M | 2.19M | 3.02M | 2.91M | 3.28M | 4.01M | 3.57M | 3M | 2.47M | 1.99M | 8.96M | 0 | 0 | 42.33M |
| Total Non-Current Assets | 173.74M | 142.87M | 142.06M | 144.34M | 147.17M | 148.64M | 150.03M | 147.63M | 147.07M | 149.76M | 152.25M | 156.84M | 153.86M | 164.85M | 165.07M | 169.81M | 165.27M | 414.09M | 414.08M | 167.15M |
| Property, Plant & Equipment | 3.67M | 5.54M | 6.66M | 8.03M | 10.15M | 11.32M | 12.53M | 9.5M | 3.7M | 4.47M | 5.23M | 6.07M | 4.07M | 5.68M | 7.09M | 8.38M | 7.58M | 0 | 0 | 9.88M |
| Fixed Asset Turnover | 5.80x | 5.01x | 3.80x | 2.32x | 1.89x | 1.97x | 1.54x | 2.01x | 5.02x | 3.74x | 2.95x | 2.77x | 3.91x | 2.93x | 2.82x | 3.54x | 3.65x | - | - | 2.00x |
| Goodwill | 146.96M | 120.95M | 120.95M | 120.95M | 120.95M | 120.95M | 120.95M | 120.95M | 120.95M | 120.95M | 120.95M | 133.89M | 134.89M | 0 | 120.95M | 0 | 121M | 0 | 0 | 121M |
| Intangible Assets | 12.36M | 5.11M | 5.31M | 5.51M | 6.04M | 7.01M | 7.99M | 8.97M | 14.97M | 16.62M | 18.31M | 7.64M | 6.72M | 141.2M | 20.38M | 140.47M | 20.1M | 0 | 0 | 20.99M |
| Long-Term Investments | 0 | 0 | 0 | 0 | 7.44M | 6.76M | 6.24M | 5.59M | 0 | 0 | 0 | 7.37M | 6.51M | 16.29M | 14.97M | 13.45M | 0 | 414.09M | 414.08M | 0 |
| Other Non-Current Assets | 10.75M | 11.27M | 9.15M | 9.86M | 2.6M | 2.61M | 2.32M | 2.61M | 7.46M | 7.72M | 7.76M | 9.25M | 8.18M | 1.68M | 1.68M | 7.51M | 16.59M | 0 | 0 | 15.28M |
| Total Assets | 252.03M | 242.84M | 249.46M | 263.51M | 276.57M | 285.66M | 298.68M | 310.73M | 317.52M | 326.07M | 338.33M | 363.73M | 370.86M | 386.11M | 379.17M | 257.89M | 262.01M | 415.55M | 415.86M | 258.5M |
| Asset Turnover | 0.08x | 0.11x | 0.10x | 0.07x | 0.07x | 0.08x | 0.06x | 0.06x | 0.06x | 0.05x | 0.05x | 0.05x | 0.04x | 0.04x | 0.05x | 0.12x | 0.11x | 0.09x | 0.08x | 0.08x |
| Asset Growth % | -8.87% | -14.99% | -16.48% | -15.2% | -12.9% | -12.39% | -11.72% | -14.57% | -14.38% | -15.55% | -10.77% | 41.04% | 41.55% | -7.09% | -8.82% | -0.23% | - | - | - | - |
| Total Current Liabilities | 30.71M | 25.14M | 21.42M | 25.14M | 24.09M | 20.91M | 24.14M | 24.21M | 20.7M | 17.57M | 17.2M | 26.39M | 23.76M | 23.38M | 26.14M | 38.02M | 40.46M | 1.32M | 144.71K | 68.38M |
| Accounts Payable | 2.26M | 2.74M | 2.38M | 1.94M | 1.64M | 1.66M | 2.67M | 1.83M | 1.48M | 1.57M | 1.42M | 2.8M | 2.02M | 3.77M | 2.89M | 1.92M | 2.95M | 0 | 0 | 2.61M |
| Days Payables Outstanding | 29.13 | 36.62 | 4.53K | 27.32 | 20.77 | 20.81 | 32.64 | 3.69K | 3.65K | 6.9K | - | 11.87K | 8.57K | 7.74K | 7.99K | -5.01K | 1.85K | - | - | 1.04K |
| Short-Term Debt | 0 | 0 | 0 | 0 | 3.45M | 3.36M | 2.92M | 2.52M | 0 | 0 | 0 | 0 | 0 | 4.84M | 5.46M | 6.52M | 0 | 0 | 0 | 2.5M |
| Deferred Revenue (Current) | 0 | 0 | 265K | 575K | 900K | 1.1M | 800K | 400K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Current Liabilities | 3.63M | 13.6M | 11.42M | 14.85M | 5.04M | 4.33M | 9.02M | 6.98M | 11.22M | 9.45M | 10.07M | 5.12M | 5.53M | 5.14M | 6.78M | 5.12M | 12.44M | 1.32M | 144.71K | 45.92M |
| Current Ratio | 2.55x | 3.98x | 5.01x | 4.74x | 5.37x | 6.55x | 6.16x | 6.74x | 8.23x | 10.03x | 10.82x | 7.84x | 9.13x | 9.46x | 8.19x | 2.32x | 2.39x | 1.10x | 12.32x | 1.34x |
| Quick Ratio | 2.55x | 3.98x | 5.01x | 4.74x | 5.37x | 6.55x | 6.16x | 6.74x | 8.23x | 10.03x | 10.82x | 7.84x | 9.13x | 9.46x | 8.19x | 2.32x | 2.39x | 1.10x | 12.32x | 1.34x |
| Cash Conversion Cycle | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Total Non-Current Liabilities | 14.92M | 13.46M | 11.25M | 11.62M | 14.2M | 15.28M | 17.94M | 18.1M | 11.27M | 13.04M | 9.67M | 11.88M | 9.29M | 46.23M | 66.99M | 26.46M | 24.19M | 35.28M | 33.89M | 40.77M |
| Long-Term Debt | 0 | 9.6M | 7.43M | 7.41M | 7.44M | 6.76M | 6.24M | 5.59M | 5.76M | 5.83M | 5.83M | 0 | 0 | 16.29M | 14.97M | 13.45M | 0 | 0 | 0 | 16.43M |
| Capital Lease Obligations | 3.02M | 3.23M | 3.49M | 3.69M | 4.49M | 5.33M | 6.25M | 2.71M | 2M | 2.52M | 3.04M | 3.54M | 1.78M | 2.86M | 4.1M | 5.16M | 5.99M | 0 | 0 | 8.82M |
| Deferred Tax Liabilities | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Non-Current Liabilities | 11.9M | 625K | 324K | 514K | 2.27M | 3.19M | 5.45M | 9.8M | 3.51M | 4.68M | 803K | 8.34M | 7.5M | 27.09M | 47.92M | 7.84M | 18.2M | 35.28M | 33.89M | 15.52M |
| Total Liabilities | 45.63M | 38.6M | 32.67M | 36.76M | 38.29M | 36.19M | 42.08M | 42.31M | 31.97M | 30.61M | 26.86M | 38.27M | 33.05M | 69.61M | 93.13M | 64.48M | 64.66M | 36.6M | 34.04M | 109.15M |
| Total Debt | 4.53M | 14.87M | 13.69M | 14.57M | 15.38M | 15.44M | 15.41M | 10.82M | 10.06M | 11.19M | 12.22M | 7.44M | 5.6M | 23.99M | 24.54M | 25.13M | 9.73M | 0 | 0 | 31.29M |
| Net Debt | -27.76M | -39.44M | -56.79M | -90.57M | -100.18M | -99.66M | -113.1M | -134.97M | -145.06M | -148.34M | -163.05M | -185.7M | -197M | -182.77M | -179.59M | -51.27M | -70.72M | -1.01M | -1.23M | -9.29M |
| Debt / Equity | 0.02x | 0.07x | 0.06x | 0.06x | 0.06x | 0.06x | 0.06x | 0.04x | 0.04x | 0.04x | 0.04x | 0.02x | 0.02x | 0.08x | 0.09x | 0.13x | 0.05x | - | - | 0.21x |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1.89x | -0.34x | - |
| Interest Coverage | - | - | - | - | - | - | - | - | - | - | - | - | - | - | -1845.29x | - | -517.55x | -0.45x | 4.02x | -1.67x |
| Total Equity | 206.4M | 204.24M | 216.78M | 226.74M | 238.28M | 249.47M | 256.6M | 268.42M | 285.55M | 295.46M | 311.46M | 325.46M | 337.81M | 316.49M | 286.04M | 193.42M | 197.35M | 378.95M | 381.83M | 149.35M |
| Equity Growth % | -13.38% | -18.13% | -15.52% | -15.53% | -16.55% | -15.56% | -17.62% | -17.53% | -15.47% | -6.65% | 8.89% | 68.27% | 71.17% | -16.48% | -25.09% | 29.51% | - | - | - | - |
| Book Value per Share | 15.47 | 16.37 | 17.30 | 18.30 | 19.41 | 20.48 | 21.39 | 22.98 | 24.62 | 25.57 | 27.19 | 28.55 | 29.77 | 27.35 | 65.00 | 56.06 | 57.20 | 109.84 | 110.67 | 43.29 |
| Total Shareholders' Equity | 202.64M | 200.52M | 213.51M | 223.58M | 234.53M | 245.4M | 252.17M | 263.51M | 280.44M | 289.6M | 305.37M | 319.39M | 332.21M | 316.49M | 286.04M | 193.42M | 197.35M | 378.95M | 381.83M | 149.35M |
| Common Stock | 1K | 1K | 1K | 19K | 19K | 19K | 18K | 18K | 18K | 18K | 18K | 18K | 18K | 17K | 17K | 0 | 0 | 414M | 414M | 0 |
| Retained Earnings | -393.95M | -375.72M | -363.14M | -346.97M | -331.33M | -312.99M | -299.26M | -280.64M | -254.84M | -236.5M | -211.61M | -190.42M | -164.3M | -148.1M | -142.98M | -78.56M | -72.2M | -35.05M | -32.18M | -60.06M |
| Treasury Stock | -625K | -625K | -625K | -625K | -625K | -625K | -625K | -625K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Accumulated OCI | 1.25M | 1.19M | 794K | 572K | 933K | 721K | 765K | 911K | 601K | 798K | 830K | 693K | -95K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 3.76M | 3.72M | 3.27M | 3.16M | 3.75M | 4.08M | 4.43M | 4.91M | 5.12M | 5.86M | 6.09M | 6.07M | 5.59M | 0 | 0 | 0 | 0 | 0 | 0 | 0 |