Forward Industries (FWDI) Interest Coverage Ratio (2011 - 2025)
Forward Industries (FWDI) posted Interest Coverage Ratio of 202.86 for Q4 2025, up 15.15% sequentially from 239.08 in Q3 2025, and down 4553.52% YoY from 4.56 in Q4 2024.
Forward Industries (FWDI) Interest Coverage Ratio (2011 - 2025) Analysis & Trends
Forward Industries has reported Interest Coverage Ratio for 12 years, with the latest figure at 202.86 in Q4 2025.
- Quarterly Interest Coverage Ratio fell 4553.52% year-over-year to 202.86 in Q4 2025, while the trailing twelve-month figure through Dec 2025 was 205.47 (down 4270.94% YoY) and the FY2025 annual result came in at 0.18, up 63.19% from the prior year.
- Interest Coverage Ratio climbed to 202.86 in Q4 2025 per FWDI's latest filing, from 239.08 in the prior quarter.
- Over five years, Interest Coverage Ratio peaked at 38.83 in Q3 2022 and troughed at 239.08 in Q3 2025.
- A 5-year average of 21.35 and a median of 1.31 in 2021 frame the typical range for Interest Coverage Ratio.
- The sharpest annual moves came in 2022 and 2025: Interest Coverage Ratio soared 2601.13% in 2022, then sank 22303.62% in 2025.
- Over 5 years, Interest Coverage Ratio stood at 1.77 in 2021, then slumped by 188.11% to 1.56 in 2022, then sank by 65.85% to 2.59 in 2023, then sank by 68.5% to 4.36 in 2024, then tumbled by 4553.52% to 202.86 in 2025.
- According to Business Quant data, Interest Coverage Ratio over the past three periods registered 202.86, 239.08, and 0.8 for Q4 2025, Q3 2025, and Q2 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 60.63 Bn | 51.60 Bn | 5.39 Bn | 2.62 |
| 2 | Deckers Outdoor | 13.33 Bn | 11.43 Bn | - | - |
| 3 | Birkenstock Holding | 7.60 Bn | 6.80 Bn | 493.89 Mn | 4.72 |
| 4 | Crocs | 6.44 Bn | 6.27 Bn | 700.71 Mn | 0.63 |
| 5 | Steven Madden | 3.37 Bn | 3.28 Bn | 309.66 Mn | 0.13 |
| 6 | Wolverine World Wide | 1.62 Bn | 1.46 Bn | 235.30 Mn | 3.53 |
| 7 | Weyco | 425.23 Mn | 329.76 Mn | 43.78 Mn | 1.69 |
| 8 | Forward Industries | 355.01 Mn | 355.01 Mn | - | - |
| 9 | Rocky Brands | 354.31 Mn | 351.69 Mn | 60.80 Mn | 7.09 |
| 10 | Designer Brands | 311.24 Mn | 261.14 Mn | 315.32 Mn | 0.04 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -202.86 |
| Sep 30, 2025 | -239.08 |
| Jun 30, 2025 | -0.80 |
| Mar 31, 2025 | -0.55 |
| Dec 31, 2024 | -4.36 |
| Sep 30, 2024 | -1.07 |
| Jun 30, 2024 | -3.10 |
| Mar 31, 2024 | -4.22 |
| Dec 31, 2023 | -2.59 |
| Sep 30, 2023 | -0.71 |
| Jun 30, 2023 | 0.56 |
| Mar 31, 2023 | -0.35 |
| Dec 31, 2022 | -1.56 |
| Sep 30, 2022 | 38.83 |
| Jun 30, 2022 | -3.19 |
| Mar 31, 2022 | -0.93 |
| Dec 31, 2021 | 1.77 |
| Sep 30, 2021 | -1.55 |
| Jun 30, 2021 | 0.57 |
| Mar 31, 2021 | -1.75 |