Balance Sheet
Cash Flow Statement
Growth Metrics
Income Statement
Others
Ratios
Asset Utilization RatioAssets AverageDebt RatioDebt to EquityEBIT MarginEBITDA MarginEBT MarginEnterprise ValueEquity AverageEquity RatioFCF MarginInterest Coverage RatioInvested CapitalNet MarginReturn on AssetsReturn on Capital EmployedReturn on EquityReturn on SalesTimes Interest Earned

Forge Innovation Development (FGNV) Debt to Equity (2020 - 2025)

Forge Innovation Development has reported Debt to Equity over the past 6 years, most recently at -$0.25 for Q3 2025.

  • For Q3 2025, Debt to Equity fell 197.47% year-over-year to -$0.25; the TTM value through Sep 2025 reached -$0.25, down 197.47%, while the annual FY2024 figure was $0.02, 98.85% down from the prior year.
  • Debt to Equity for Q3 2025 was -$0.25 at Forge Innovation Development, down from $0.44 in the prior quarter.
  • Over five years, Debt to Equity peaked at $1.54 in Q4 2023 and troughed at -$33.47 in Q3 2021.
  • A 5-year average of -$1.58 and a median of $0.1 in 2023 define the central range for Debt to Equity.
  • Biggest five-year swings in Debt to Equity: plummeted 275.6% in 2021 and later skyrocketed 864.02% in 2023.
  • Year by year, Debt to Equity stood at -$0.29 in 2021, then crashed by 149.74% to -$0.71 in 2022, then skyrocketed by 316.24% to $1.54 in 2023, then tumbled by 98.85% to $0.02 in 2024, then tumbled by 1516.72% to -$0.25 in 2025.
  • Business Quant data shows Debt to Equity for FGNV at -$0.25 in Q3 2025, $0.44 in Q2 2025, and $0.39 in Q1 2025.