Forward Industries (FWDI) Equity Ratio (2010 - 2025)
Forward Industries' (FWDI) quarterly Equity Ratio came in at 0.99 in Q4 2025, up 483.94% year-on-year from 0.17 in Q4 2024, and down 1.03% quarter-over-quarter from 1.0 in Q3 2025.
Forward Industries (FWDI) Equity Ratio (2010 - 2025) Analysis & Trends
Forward Industries has disclosed Equity Ratio across 13 years of filings, most recently posting 0.99 for Q4 2025.
- Equity Ratio for Q4 2025 came in at 0.99, up 483.94% year-over-year; the trailing twelve-month figure through Dec 2025 was 0.99 (up 483.94% YoY), and the FY2025 annual result was 1.0, up 396.12% from the prior year.
- Equity Ratio came in at 0.99 for Q4 2025 at Forward Industries, down from 1.0 in the prior quarter.
- In the past five years, Equity Ratio ranged from a high of 1.0 in Q3 2025 to a low of 0.09 in Q2 2024.
- The 5-year median for Equity Ratio is 0.29 (2025), against an average of 0.34.
- Across the five-year window, Equity Ratio slumped 60.81% in 2024 and surged 483.94% in 2025, its largest moves.
- Forward Industries' Equity Ratio stood at 0.35 in 2021, then fell by 23.1% to 0.27 in 2022, then sank by 47.22% to 0.14 in 2023, then rose by 19.38% to 0.17 in 2024, then soared by 483.94% to 0.99 in 2025.
- The last three Equity Ratio figures came in at 0.99 (Q4 2025), 1.0 (Q3 2025), and 0.4 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Equity Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | 0.56 |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | 0.38 |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 0.64 |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 0.33 |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | 0.47 |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | 0.24 |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | - |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | 0.15 |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | 0.99 |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | 0.75 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 0.99 |
| Sep 30, 2025 | 1.00 |
| Jun 30, 2025 | 0.40 |
| Mar 31, 2025 | 0.29 |
| Dec 31, 2024 | 0.17 |
| Sep 30, 2024 | 0.20 |
| Jun 30, 2024 | 0.09 |
| Mar 31, 2024 | 0.12 |
| Dec 31, 2023 | 0.14 |
| Sep 30, 2023 | 0.15 |
| Jun 30, 2023 | 0.23 |
| Mar 31, 2023 | 0.25 |
| Dec 31, 2022 | 0.27 |
| Sep 30, 2022 | 0.30 |
| Jun 30, 2022 | 0.30 |
| Mar 31, 2022 | 0.34 |
| Dec 31, 2021 | 0.35 |
| Sep 30, 2021 | 0.37 |
| Jun 30, 2021 | 0.40 |
| Mar 31, 2021 | 0.42 |