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

Forward Industries (FWDI) posted Total Debt of $3.5 million for Q4 2025, up 218.14% sequentially from $1.1 million in Q3 2023.

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

Forward Industries has reported Total Debt for 9 years, with the latest figure at $3.5 million in Q4 2025.

Quarterly Total Debt changed N/A year-over-year to $3.5 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $3.5 million (changed N/A YoY) and the FY2023 annual result came in at $1.1 million, down 21.43% from the prior year.
Total Debt advanced to $3.5 million in Q4 2025 per FWDI's latest filing, from $1.1 million in the prior quarter.
Over five years, Total Debt peaked at $3.5 million in Q4 2025 and troughed at $72341.0 in Q1 2021.
A 4-year average of $1.5 million and a median of $1.4 million in 2022 frame the typical range for Total Debt.
The widest YoY moves for Total Debt: up 4.58% in 2021, down 81.91% in 2021.
Over 4 years, Total Debt stood at $1.6 million in 2021, then dropped by 15.62% to $1.3 million in 2022, then slipped by 18.52% to $1.1 million in 2023, then surged by 218.14% to $3.5 million in 2025.
According to Business Quant data, Total Debt over the past three periods registered $3.5 million, $1.1 million, and $1.2 million for Q4 2025, Q3 2023, and Q2 2023 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Total Debt (Qtr)
1	Nike	60.63 Bn	51.60 Bn	5.39 Bn	9.94 Bn
2	Deckers Outdoor	13.33 Bn	11.43 Bn	-	-
3	Birkenstock Holding	7.60 Bn	6.80 Bn	493.89 Mn	1.97 Bn
4	Crocs	6.44 Bn	6.27 Bn	700.71 Mn	1.31 Bn
5	Steven Madden	3.37 Bn	3.28 Bn	309.66 Mn	124.83 Mn
6	Wolverine World Wide	1.62 Bn	1.46 Bn	235.30 Mn	655.10 Mn
7	Weyco	425.23 Mn	329.76 Mn	43.78 Mn	-
8	Forward Industries	355.01 Mn	355.01 Mn	-	-
9	Rocky Brands	354.31 Mn	351.69 Mn	60.80 Mn	122.39 Mn
10	Designer Brands	311.24 Mn	261.14 Mn	315.32 Mn	475.27 Mn

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