Forward Industries FWDI
NASDAQ FWDI
$6.51 +0.24 (+3.91%)
As of: Sep 3, 2026 · 9:51 AM EDT

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

Historic Data

Download Data
DateValue
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