Forge Innovation Development Corp. (FGNV) Interest Coverage Ratio (2017 - 2025)
Forge Innovation Development (FGNV) posted quarterly Interest Coverage Ratio of 1.0 for Q3 2025, up 58.79% year-over-year from 0.63 in Q3 2024, and up 100.39% quarter-over-quarter from 256.66 in Q2 2025.
Forge Innovation Development Corp. (FGNV) Interest Coverage Ratio (2017 - 2025) Analysis & Trends
Forge Innovation Development's Interest Coverage Ratio history runs 9 years deep, the most recent figure standing at 1.0 for Q3 2025.
- In Q3 2025, Interest Coverage Ratio rose 58.79% year-over-year to 1.0; the TTM figure through Sep 2025 stood at 3.83 (down 3.71% YoY), while the FY2024 annual figure was 0.7, up 22.39% from the prior year.
- Interest Coverage Ratio for Q3 2025 stood at 1.0, up from 256.66 in the prior quarter.
- The five-year high for Interest Coverage Ratio was 1.01 in Q4 2022, with the low at 926.12 in Q3 2021.
- The 5-year median for Interest Coverage Ratio is 1.94 (2023), against an average of 100.87.
- The sharpest annual moves came in 2021 and 2024: Interest Coverage Ratio slumped 31440.97% in 2021, then soared 131.8% in 2024.
- Forge Innovation Development's Interest Coverage Ratio stood at 0.87 in 2021, then gained by 15.42% to 1.01 in 2022, then plunged by 475.5% to 3.78 in 2023, then jumped by 49.75% to 1.9 in 2024, then soared by 152.54% to 1.0 in 2025.
- Business Quant data shows FGNV's Interest Coverage Ratio at 1.0 in Q3 2025, 256.66 in Q2 2025, and 1.44 in Q1 2025.
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Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | -256.66 |
| Mar 31, 2025 | -1.44 |
| Dec 31, 2024 | -1.90 |
| Sep 30, 2024 | 0.63 |
| Jun 30, 2024 | -8.19 |
| Mar 31, 2024 | -4.19 |
| Dec 31, 2023 | -3.78 |
| Sep 30, 2023 | -1.97 |
| Dec 31, 2022 | 1.01 |
| Dec 31, 2021 | 0.87 |
| Sep 30, 2021 | -926.12 |
| Jun 30, 2021 | -211.39 |
| Mar 31, 2021 | -0.09 |
| Dec 31, 2020 | -89.11 |
| Sep 30, 2020 | -32.82 |
| Jun 30, 2020 | -0.67 |
| Mar 31, 2020 | -0.66 |
| Dec 31, 2019 | -5.59 |
| Sep 30, 2019 | -1.03 |