Forge Innovation Development Corp. (FGNV) Debt Ratio (2020 - 2025)
Forge Innovation Development (FGNV) posted quarterly Debt Ratio of 0.14 for Q3 2025, up 146.38% year-over-year from 0.06 in Q3 2024, and down 81.1% quarter-over-quarter from 0.75 in Q2 2025.
Forge Innovation Development Corp. (FGNV) Debt Ratio (2020 - 2025) Analysis & Trends
Forge Innovation Development's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.14 for Q3 2025.
- In Q3 2025, Debt Ratio rose 146.38% year-over-year to 0.14; the TTM figure through Sep 2025 stood at 0.14 (up 146.38% YoY), while the FY2024 annual figure was 0.01, down 87.85% from the prior year.
- Debt Ratio for Q3 2025 stood at 0.14, down from 0.75 in the prior quarter.
- The five-year high for Debt Ratio was 0.81 in Q1 2022, with the low at 0.01 in Q4 2024.
- The 5-year median for Debt Ratio is 0.18 (2021), against an average of 0.31.
- The sharpest annual moves came in 2023 and 2025: Debt Ratio plunged 94.85% in 2023, then surged 1312.09% in 2025.
- Forge Innovation Development's Debt Ratio stood at 0.55 in 2021, then sank by 35.88% to 0.35 in 2022, then tumbled by 84.97% to 0.05 in 2023, then plunged by 87.85% to 0.01 in 2024, then jumped by 2093.35% to 0.14 in 2025.
- Business Quant data shows FGNV's Debt Ratio at 0.14 in Q3 2025, 0.75 in Q2 2025, and 0.74 in Q1 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 0.14 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.06 |
| Jun 30, 2024 | 0.06 |
| Mar 31, 2024 | 0.05 |
| Dec 31, 2023 | 0.05 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.07 |
| Mar 31, 2023 | 0.48 |
| Dec 31, 2022 | 0.35 |
| Sep 30, 2022 | 0.79 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.81 |
| Dec 31, 2021 | 0.55 |
| Sep 30, 2021 | 0.18 |
| Jun 30, 2021 | 0.30 |
| Mar 31, 2021 | 0.22 |
| Dec 31, 2020 | 0.09 |