Forward Industries (FWDI) Net Long-Term Debt Issued (Repaid) (2018 - 2025)
Forward Industries (FWDI) recorded Non-Current Debt of $600,000 in fiscal Q4 2024 (quarter ended Sep 30, 2024), down 45.5% from $1.1 million a year earlier.
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Analysis
Forward Industries (FWDI) Net Long-Term Debt Issued (Repaid) (2018 - 2025) Analysis & Trends
Starting with fiscal Q4 2018, Forward Industries' Non-Current Debt history includes 13 quarters.
- Annual Non-Current Debt has declined for three straight fiscal years, though with a four-year compound annual growth rate of 3.2% (FY2020 to FY2024).
- Across earlier fiscal years, Non-Current Debt came in at $1.1 million in FY2023 (-21.4%), $1.4 million in FY2022 (-12.5%), $1.6 million in FY2021 (+201.9%) and $529,973 in FY2020.
- The fiscal Q4 2024 figure is the lowest quarterly Non-Current Debt since fiscal Q4 2020.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net LT Debt (Qtr) |
|---|---|---|---|---|---|
| 1 | Infosys | 50.81 Bn | 42.20 Bn | - | - |
| 2 | Cognizant Technology Solutions | 28.52 Bn | 22.49 Bn | 1.91 Bn | - |
| 3 | Cdw | 20.95 Bn | 17.85 Bn | 1.39 Bn | - |
| 4 | Td Synnex | 18.62 Bn | 12.78 Bn | 1.43 Bn | -700.23 Mn |
| 5 | Arrow Electronics | 10.10 Bn | 9.05 Bn | 1.13 Bn | - |
| 6 | EPAM Systems | 7.92 Bn | 3.84 Bn | 445.94 Mn | - |
| 7 | Avnet | 7.12 Bn | 6.30 Bn | 865.03 Mn | -138.39 Mn |
| 8 | ExlService Holdings | 6.52 Bn | 5.32 Bn | 241.14 Mn | 131.02 Mn |
| 9 | Science Applications International | 6.35 Bn | 5.89 Bn | 239.00 Mn | -1.00 Mn |
| 10 | Forward Industries | 461.21 Mn | 461.21 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -600,000.00 |
| Jun 30, 2024 | -150,000.00 |
| Mar 31, 2024 | -100,000.00 |
| Dec 31, 2023 | -250,000.00 |
| Sep 30, 2023 | -100,000.00 |
| Sep 30, 2021 | -31,686.00 |
| Jun 30, 2021 | -50,905.00 |
| Mar 31, 2021 | -1.20 Mn |
| Dec 31, 2020 | -52,293.00 |
| Sep 30, 2020 | -22,707.00 |
| Jun 30, 2020 | 1.94 Mn |
| Mar 31, 2020 | -1.13 Mn |
| Dec 31, 2019 | -33,548.00 |
| Sep 30, 2019 | -44,619.00 |
| Jun 30, 2019 | -33,365.00 |
| Mar 31, 2019 | -53,011.00 |
| Dec 31, 2018 | -93,191.00 |
API Access
Forward Industries Net Long-Term Debt Issued (Repaid) API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=non-current-debt&ticker=FWDI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "non-current-debt", "ticker": "FWDI", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=non-current-debt&ticker=FWDI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();