Forza Innovations

Forza Innovations Interest Coverage

The Interest Coverage Ratio of Forza Innovations (FORZ) as of Nov 10, 2026 is -0.57. In the previous year, Interest Coverage Ratio was -2.32 — a change of -75.34% (higher).

Interest Coverage

-0.57

YoY

-75.34%

Last updated:

Interest Coverage Ratio of Forza Innovations is 2023 -0.57 . Interest Coverage Ratio of Forza Innovations was 2022 -2.32 . It decreases by -75.34% higher compared to the previous year.

The Forza Innovations Interest Coverage history

  • 3 Years

  • 10 Years

  • 25 Years

  • Max

Interest Coverage
Date
Interest Coverage
Jan 1, 2018
-6.84 USD
Jan 1, 2019
8.12 USD
Jan 1, 2020
-0.62 USD
Jan 1, 2021
-2.01 USD
Jan 1, 2022
-2.32 USD
Jan 1, 2023
-0.57 USD
The Forza Innovations Interest Coverage history
YEARInterest CoverageYoY
-0.57-75.34%
-2.32+15.93%
-2.01+225.17%
-0.62-107.59%
8.12-218.73%
-6.84—

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Forza Innovations Stock analysis

What does Forza Innovations do? Forza Innovations, Inc. generates revenue through the sale of its WarmUp product line, which includes the J4 Sport, J4 X, and J4 Fitbelt wearable back compression devices. These devices utilize carbon microfibers and rechargeable lithium batteries to provide therapeutic heat application, targeting stiff and sore muscles. The J4 Sport is designed for patients with chronic conditions like arthritis, osteoporosis, fibromyalgia, and ligament strains, while the J4 Fitbelt focuses on abdominal and lower back muscles or single muscle groups. The J4 Core supports users during physical activities, recovery, and daily routines. The company's revenue streams are derived from direct sales of these therapeutic wearable devices to consumers seeking relief from muscle stiffness and inflammation. The WarmUp series targets health-conscious individuals and patients managing chronic pain conditions, positioning itself as a solution for both active lifestyles and medical needs. Products are sold under the WarmUp brand, with specific models catering to distinct user segments based on their therapeutic requirements. Forza Innovations has acquired ownership of late developmental stage products, including the WarmUp line, which are now its primary revenue-generating assets. The company focuses on the health-tech wearable performance market, emphasizing the therapeutic benefits of heat application through its carbon microfiber technology. Sales are driven by the specific medical and wellness applications of each product model. Forza Innovations is one of the most popular companies on Eulerpool.

Frequently Asked Questions about Forza Innovations stock

Interest Coverage Ratio of Forza Innovations is -0.57 in 2023.

Interest Coverage Ratio of Forza Innovations changed from -2.32 to -0.57, representing a -75.34% change. The value is higher than the previous year.

On Eulerpool you can find the complete historical development of Interest Coverage Ratio Forza Innovations since 2006 – with annual values, charts, and detailed analysis.

The Interest Coverage ratio measures a company's ability to pay interest on its debt. Higher ratios indicate greater financial strength and lower default risk.

Interest Coverage = EBIT / Interest Expense

A 'good' varies by industry and company stage. On Eulerpool, you can compare Interest Coverage Ratio's Forza Innovations with sector peers and the industry average to assess whether it is attractive.

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Leverage — Forza Innovations

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