FORGE INNOVATION DEVELOPMENT CORP. (FGNV) Debt Ratio (2018 - 2025)
Forge Innovation Development's (FGNV) Debt Ratio came in at 0.27 for the quarter ended Sep 30, 2025, down 61.3% from 0.71 a year earlier and down 63.4% from the prior quarter.
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Analysis
FORGE INNOVATION DEVELOPMENT CORP. (FGNV) Debt Ratio (2018 - 2025) Analysis & Trends
For the year ended Dec 31, 2024, Forge Innovation Development's Debt Ratio stood at 0.01, down 98.8% from the prior year.
- In prior years, Forge Innovation Development's Debt Ratio was 0.55 in the year ended Dec 31, 2023 (+6.2%), 0.52 in the year ended Dec 31, 2022 (+360.3%), 0.11 in the year ended Dec 31, 2021 (+19.2%) and 0.09 in the year ended Dec 31, 2020.
- Quarterly Debt Ratio has run from a low of 0.01 in the quarter ended Dec 31, 2024 to a high of 0.75 in the quarter ended Jun 30, 2025 over five years.
- On a year-over-year basis, Debt Ratio increased in five of the last seven quarters, with growth averaging 62.5%.
- The strongest year-over-year quarter for Debt Ratio in the past five years was the quarter ended Jun 30, 2024, with growth of 539.5%; the weakest was the quarter ended Dec 31, 2024, with a decline of 98.8%.
- According to Business Quant data, Debt Ratio for the three prior quarters was 0.75 (quarter ended Jun 30, 2025), 0.74 (quarter ended Mar 31, 2025) and 0.01 (quarter ended Dec 31, 2024).
Peer Set
Peer Comparison
Historic Data
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Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 0.27 |
| Jun 30, 2025 | 0.75 |
| Mar 31, 2025 | 0.74 |
| Dec 31, 2024 | 0.01 |
| Sep 30, 2024 | 0.71 |
| Jun 30, 2024 | 0.71 |
| Mar 31, 2024 | 0.59 |
| Dec 31, 2023 | 0.55 |
| Sep 30, 2023 | 0.04 |
| Jun 30, 2023 | 0.11 |
| Mar 31, 2023 | 0.49 |
| Dec 31, 2022 | 0.52 |
| Sep 30, 2022 | 0.39 |
| Jun 30, 2022 | 0.16 |
| Mar 31, 2022 | 0.16 |
| Dec 31, 2021 | 0.11 |
| Sep 30, 2021 | 0.18 |
| Dec 31, 2020 | 0.09 |
| Mar 31, 2018 | 0.00 |
API Access
FORGE INNOVATION DEVELOPMENT CORP. Debt Ratio API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=debt-ratio&ticker=FGNV&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "debt-ratio", "ticker": "FGNV", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=debt-ratio&ticker=FGNV&period=max&api_key=YOUR_API_KEY");
const data = await res.json();