Forafric Global PLC key statistics and ratios

In fiscal 2025, Forafric Global PLC had an operating margin of -2.0%, debt equal to 1147.4% of equity and a current ratio of 0.33. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Forafric Global PLC: financial ratios, annual
Fiscal year	2020Dec 2020	2021Dec 2021	2022Dec 2022	2023Dec 2023	2024Dec 2024	2025Dec 2025
Gross margin	20.6%	16.2%	10.3%	9.5%	10.0%	10.4%
Operating margin	5.0%	1.3%	0.8%	0.4%	−2.8%	−2.0%
Net margin	−0.1%	−3.1%	−6.7%	−4.2%	−8.9%	−8.4%
Free-cash-flow margin	−6.2%	−11.8%	−21.8%	7.9%	7.9%	−0.1%
Return on equity	−0.2%	−16.0%	−41.3%	−34.2%	−140.9%	—
Return on assets	—	−2.7%	−6.3%	−4.1%	−8.8%	−6.0%
Asset turnover	—	0.87	0.94	0.98	0.99	0.72
Current ratio	—	0.58	0.60	0.48	0.37	0.33
Debt to equity	0.0%	219.3%	139.3%	242.1%	>999%	>999%
Interest cover (operating income ÷ interest)	1.4x	0.3x	0.2x	0.1x	n/m	n/m
SG&A as % of revenue	15.5%	14.9%	9.5%	9.0%	12.8%	12.4%
Capital spending as % of revenue	0.3%	1.8%	1.6%	3.1%	0.6%	0.3%

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Financial health

1 of 6 checks passed · December 31, 2025

What it owns · $247m

Short-term assets $68mLonger-term assets $179m

What it owes, and who funded it · $247m

Short-term liabilities $208mLonger-term liabilities $33mShareholders' equity $7m

Short-term assets cover short-term liabilities $68m of assets due within a year against $208m of liabilities due within a year.
Short-term assets cover long-term liabilities $68m short-term assets against $33m of longer-dated liabilities.
More cash than debt $14m of cash against $26m of debt.
Debt below 40% of shareholders' equity Debt is 396% of equity.
Debt burden no higher than five years ago Five-year comparison not available. Not assessable.
A year's operating cash flow covers at least 20% of debt $356,000 of operating cash flow against $26m of debt.
Operating profit covers interest at least five times over Operating income of −$4m against $14m of interest.

From Forafric Global PLC's latest balance sheet as filed. Checks are fixed, documented rules (methodology), counted only where the company reports the figures — a dot means the filing doesn't break the item out. Descriptions of reported data, not advice.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Low.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Forafric Global PLC's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Forafric Global PLC.