Forward Industries (FWDI) Interest Coverage Ratio (2018 - 2025)
Forward Industries' (FWDI) quarterly Interest Coverage Ratio came in at 235.07 in Q3 2025, down 306.94% year-on-year from 113.59 in Q3 2024, and down 11.11% quarter-over-quarter from 211.57 in Q2 2025.
Forward Industries (FWDI) Interest Coverage Ratio (2018 - 2025) Analysis & Trends
Forward Industries has disclosed Interest Coverage Ratio across 8 years of filings, most recently posting 235.07 for Q3 2025.
- Interest Coverage Ratio for Q3 2025 came in at 235.07, down 306.94% year-over-year; the trailing twelve-month figure through Dec 2025 was 15900.53 (down 32841.84% YoY), and the FY2025 annual result was 170.78, down 397.47% from the prior year.
- Interest Coverage Ratio came in at 235.07 for Q3 2025 at Forward Industries, down from 211.57 in the prior quarter.
- In the past five years, Interest Coverage Ratio ranged from a high of 36.96 in Q3 2022 to a low of 235.07 in Q3 2025.
- The 5-year median for Interest Coverage Ratio is 17.47 (2021), against an average of 44.32.
- Peak annual rise in Interest Coverage Ratio reached 280.74% in 2021, while the deepest fall reached 1296.64% in 2021.
- Forward Industries' Interest Coverage Ratio stood at 6.53 in 2021, then slumped by 170.12% to 4.58 in 2022, then tumbled by 337.27% to 20.01 in 2023, then slumped by 275.09% to 75.04 in 2024, then tumbled by 213.26% to 235.07 in 2025.
- The last three Interest Coverage Ratio figures came in at 235.07 (Q3 2025), 211.57 (Q2 2025), and 153.92 (Q1 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Birkenstock Holding | 98.76 Bn | 98.52 Bn | 390.51 Mn | - |
| 2 | Nike | 63.56 Bn | 55.51 Bn | 4.53 Bn | - |
| 3 | Deckers Outdoor | 15.58 Bn | 13.49 Bn | 1.17 Bn | 574.71 |
| 4 | Crocs | 6.00 Bn | 5.87 Bn | 522.95 Mn | 9.82 |
| 5 | Steven Madden | 3.13 Bn | 3.09 Bn | 357.42 Mn | - |
| 6 | Wolverine World Wide | 1.84 Bn | 1.64 Bn | 243.40 Mn | - |
| 7 | On Holding AG | 1.61 Bn | 220.32 Mn | 682.30 Mn | -14.68 |
| 8 | Designer Brands | 414.71 Mn | 363.84 Mn | 302.71 Mn | - |
| 9 | Forward Industries | 365.68 Mn | 340.29 Mn | 16.85 Mn | - |
| 10 | Weyco | 332.28 Mn | 234.85 Mn | 33.84 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -235.07 |
| Jun 30, 2025 | -211.57 |
| Mar 31, 2025 | -153.92 |
| Dec 31, 2024 | -75.04 |
| Sep 30, 2024 | -57.77 |
| Jun 30, 2024 | -31.78 |
| Mar 31, 2024 | -36.59 |
| Dec 31, 2023 | -20.01 |
| Sep 30, 2023 | 9.63 |
| Jun 30, 2023 | 5.82 |
| Mar 31, 2023 | -3.43 |
| Dec 31, 2022 | -4.58 |
| Sep 30, 2022 | 36.96 |
| Jun 30, 2022 | -12.68 |
| Mar 31, 2022 | -10.46 |
| Dec 31, 2021 | 6.53 |
| Sep 30, 2021 | -36.53 |
| Jun 30, 2021 | 5.86 |
| Mar 31, 2021 | -17.47 |
| Dec 31, 2020 | -3.61 |