Forward Industries (FWDI) Debt Ratio (2013 - 2025)

Forward Industries has disclosed Debt Ratio across 9 years of filings, most recently posting 0.0 for Q4 2025.

• Debt Ratio for Q4 2025 came in at 0.0, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was 0.0 (changed N/A YoY), and the FY2023 annual result was 0.06, down 5.37% from the prior year.
• Debt Ratio came in at 0.0 for Q4 2025 at Forward Industries, down from 0.06 in the prior quarter.
• In the past five years, Debt Ratio ranged from a high of 0.1 in Q1 2021 to a low of 0.0 in Q4 2025.
• The 4-year median for Debt Ratio is 0.06 (2023), against an average of 0.06.
• Across the five-year window, Debt Ratio surged 293.42% in 2021 and decreased 17.03% in 2022, its largest moves.
• Forward Industries' Debt Ratio stood at 0.08 in 2021, then slipped by 23.36% to 0.06 in 2022, then advanced by 2.44% to 0.06 in 2023, then slumped by 93.81% to 0.0 in 2025.
• The last three Debt Ratio figures came in at 0.0 (Q4 2025), 0.06 (Q3 2023), and 0.06 (Q2 2023), per Business Quant data.