Forge Innovation Development (FGNV) Debt Ratio (2020 - 2025)

Forge Innovation Development's Debt Ratio history runs 6 years deep, the most recent figure standing at 0.27 for Q3 2025.

• In Q3 2025, Debt Ratio rose 377.19% year-over-year to 0.27; the TTM figure through Sep 2025 stood at 0.27 (up 377.19% YoY), while the FY2024 annual figure was 0.0, down 99.31% from the prior year.
• Debt Ratio was 0.27 for Q3 2025 at Forge Innovation Development, up from 0.08 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.79 in Q3 2022 to a low of 0.0 in Q4 2024.
• Historically, Debt Ratio has averaged 0.22 across 5 years, with a median of 0.16 in 2022.
• The sharpest annual moves came in 2024 and 2025: Debt Ratio sank 99.31% in 2024, then jumped 377.19% in 2025.
• A 5-year view of Debt Ratio shows it stood at 0.11 in 2021, then soared by 360.3% to 0.52 in 2022, then increased by 6.23% to 0.55 in 2023, then plunged by 99.31% to 0.0 in 2024, then jumped by 7130.73% to 0.27 in 2025.
• The last three Debt Ratio figures came in at 0.27 (Q3 2025), 0.08 (Q2 2025), and 0.07 (Q1 2025), per Business Quant data.