Forward Industries (FWDI) Total Debt (2013 - 2025)

Forward Industries' (FWDI) quarterly Total Debt came in at $3.5 million in Q4 2025, up 218.14% quarter-over-quarter from $1.1 million in Q3 2023.

Forward Industries (FWDI) Total Debt (2013 - 2025) Analysis & Trends

Forward Industries has disclosed Total Debt across 9 years of filings, most recently posting $3.5 million for Q4 2025.

  • Total Debt for Q4 2025 came in at $3.5 million, changed N/A year-over-year; the trailing twelve-month figure through Dec 2025 was $3.5 million (changed N/A YoY), and the FY2023 annual result was $1.1 million, down 21.43% from the prior year.
  • Total Debt came in at $3.5 million for Q4 2025 at Forward Industries, up from $1.1 million in the prior quarter.
  • In the past five years, Total Debt ranged from a high of $3.5 million in Q4 2025 to a low of $1.1 million in Q3 2023.
  • The 4-year median for Total Debt is $1.4 million (2022), against an average of $1.6 million.
  • Across the five-year window, Total Debt soared 318.09% in 2021 and fell 21.43% in 2023, its largest moves.
  • Forward Industries' Total Debt stood at $1.6 million in 2021, then decreased by 15.62% to $1.3 million in 2022, then retreated by 18.52% to $1.1 million in 2023, then soared by 218.14% to $3.5 million in 2025.
  • The last three Total Debt figures came in at $3.5 million (Q4 2025), $1.1 million (Q3 2023), and $1.2 million (Q2 2023), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Total Debt (Qtr)
1 Birkenstock Holding 98.76 Bn 98.52 Bn 390.51 Mn 20.01 Mn
2 Nike 63.56 Bn 55.51 Bn 4.53 Bn 7.03 Bn
3 Deckers Outdoor 15.58 Bn 13.49 Bn 1.17 Bn -
4 Crocs 6.00 Bn 5.87 Bn 522.95 Mn 1.34 Bn
5 Steven Madden 3.13 Bn 3.09 Bn 357.42 Mn 286.50 Mn
6 Wolverine World Wide 1.84 Bn 1.64 Bn 243.40 Mn 546.70 Mn
7 On Holding AG 1.61 Bn 220.32 Mn 682.30 Mn 74.07 Mn
8 Designer Brands 414.71 Mn 363.84 Mn 302.71 Mn 6.75 Mn
9 Forward Industries 365.68 Mn 340.29 Mn 16.85 Mn 3.50 Mn
10 Weyco 332.28 Mn 234.85 Mn 33.84 Mn -

Historic Data

Download Data
DateValue
Dec 31, 2025 3.50 Mn
Sep 30, 2023 1.10 Mn
Jun 30, 2023 1.20 Mn
Mar 31, 2023 1.30 Mn
Dec 31, 2022 1.35 Mn
Sep 30, 2022 1.40 Mn
Jun 30, 2022 1.45 Mn
Sep 30, 2021 1.60 Mn
Mar 31, 2021 1.67 Mn
Dec 31, 2020 1.00 Mn
Sep 30, 2020 1.00 Mn
Jun 30, 2020 1.76 Mn
Mar 31, 2020 400,000.00
Dec 31, 2019 1.30 Mn
Sep 30, 2019 1.30 Mn
Sep 30, 2018 404,335.00
Sep 30, 2014 5.22 Mn
Jun 30, 2014 8.54 Mn
Sep 30, 2013 215,785.00