Forward Industries (FWDI) Interest Coverage Ratio (2018 - 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.
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Analysis
Forward Industries (FWDI) Interest Coverage Ratio (2018 - 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.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Interest Cover (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 57.00 Bn | 47.97 Bn | 5.39 Bn | - |
| 2 | Deckers Outdoor | 12.13 Bn | 10.22 Bn | - | - |
| 3 | Birkenstock Holding | 6.35 Bn | 5.55 Bn | 493.89 Mn | -4.72 |
| 4 | Crocs | 5.69 Bn | 5.52 Bn | 700.71 Mn | 14.35 |
| 5 | Steven Madden | 3.00 Bn | 2.91 Bn | 309.66 Mn | - |
| 6 | Wolverine World Wide | 1.59 Bn | 1.43 Bn | 235.30 Mn | - |
| 7 | Forward Industries | 573.92 Mn | 573.92 Mn | - | - |
| 8 | Weyco | 409.09 Mn | 313.62 Mn | 43.78 Mn | - |
| 9 | Rocky Brands | 329.27 Mn | 326.64 Mn | 60.80 Mn | - |
| 10 | Fossil | 301.67 Mn | 222.72 Mn | 130.79 Mn | 0.38 |
Historic Data
Download Data
Historic 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 | -1.50 |
| Jun 30, 2021 | 5.86 |
| Mar 31, 2021 | -17.47 |
| Dec 31, 2020 | -3.61 |