Forward Industries (FWDI) Times Interest Earned (2018 - 2025)
Forward Industries (FWDI) posted Times Interest Earned 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.
Analysis
Forward Industries (FWDI) Times Interest Earned (2018 - 2025) Analysis & Trends
Forward Industries has reported Times Interest Earned for 12 years, with the latest figure at -$202.86 in Q4 2025.
- Quarterly Times Interest Earned 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.
- Times Interest Earned climbed to -$202.86 in Q4 2025 per FWDI's latest filing, from -$239.08 in the prior quarter.
- Over five years, Times Interest Earned 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 Times Interest Earned.
- The sharpest annual moves came in 2022 and 2025: Times Interest Earned soared 2601.13% in 2022, then sank 22303.62% in 2025.
- Over 5 years, Times Interest Earned 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, Times Interest Earned 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) | Times Interest Earned (Qtr) |
|---|---|---|---|---|---|
| 1 | Nike | 56.65 Bn | 47.63 Bn | 5.39 Bn | - |
| 2 | Deckers Outdoor | 12.17 Bn | 10.26 Bn | - | - |
| 3 | Birkenstock Holding | 6.30 Bn | 5.50 Bn | 493.89 Mn | -4.72 |
| 4 | Crocs | 5.73 Bn | 5.56 Bn | 700.71 Mn | 14.35 |
| 5 | Steven Madden | 2.99 Bn | 2.89 Bn | 309.66 Mn | - |
| 6 | Wolverine World Wide | 1.61 Bn | 1.45 Bn | 235.30 Mn | - |
| 7 | Forward Industries | 564.38 Mn | 564.38 Mn | - | - |
| 8 | Weyco | 421.09 Mn | 325.62 Mn | 43.78 Mn | - |
| 9 | Rocky Brands | 336.03 Mn | 333.40 Mn | 60.80 Mn | - |
| 10 | Fossil | 300.79 Mn | 221.84 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 |