Forward Industries Inc Cash Flow Conversion Efficiency
Forward Industries Inc cash flow conversion efficiency. Based on the latest financial reports, Forward Industries Inc (FORD) has a cash flow conversion efficiency ratio of -0.002x as of September 2025. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow ($-2.30 Million) by net assets ($1.47 Billion). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations.
Cash Flow Conversion Efficiency of Forward Industries Inc (1995–2025)
Cash flow conversion efficiency of Forward Industries Inc from 1995 to 2025. This chart illustrates how Forward Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. View Forward Industries Inc share price for real-time trading data and today's change.
Forward Industries Inc Cash Flow Conversion Ratio Explained
Forward Industries Inc cash flow conversion ratio divides operating cash flow by net assets, so a higher ratio means more cash generated from each unit of shareholder equity.
Forward Industries Inc Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forward Industries Inc ranked by their cash flow conversion efficiency. Also see how much is Forward Industries Inc worth for the company's overall valuation and market capitalisation.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Fujian Acetron New Materials Co Ltd
SHE:300706
|
-0.038x |
|
Zhejiang Whwh
SHG:600576
|
0.061x |
|
Create Technology & Science Co Ltd
SHE:000551
|
0.010x |
|
Shanghai Yct Electronics Group Co.Ltd
SHE:301099
|
N/A |
|
Jilin Expressway Co Ltd
SHG:601518
|
0.038x |
|
Shenzhen Tatfook Tech
SHE:300134
|
-0.004x |
|
Banco Mercantil do Brasil S.A
SA:BMEB3
|
0.170x |
|
Daewoong Pharma
KO:069620
|
0.057x |
Annual Cash Flow Conversion Efficiency for Forward Industries Inc (1995–2025)
The table below shows the annual cash flow conversion efficiency of Forward Industries Inc from 1995 to 2025. Review Forward Industries Inc free cash flow ratio to assess how much free cash flow the company generates relative to operating cash flow.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2025-09-30 | $1.47 Billion | $-4.90 Million | -0.003x | -102.43% |
| 2024-09-30 | $2.97 Million | $407.12K | 0.137x | -65.52% |
| 2023-09-30 | $2.62 Million | $1.04 Million | 0.398x | +62.46% |
| 2022-09-30 | $6.27 Million | $1.53 Million | 0.245x | +445.07% |
| 2021-09-30 | $7.44 Million | $-528.31K | -0.071x | -77.70% |
| 2020-09-30 | $6.58 Million | $-262.95K | -0.040x | +84.36% |
| 2019-09-30 | $7.71 Million | $-1.97 Million | -0.255x | -396.42% |
| 2018-09-30 | $11.10 Million | $956.49K | 0.086x | +659.12% |
| 2017-09-30 | $8.93 Million | $-137.64K | -0.015x | -116.40% |
| 2016-09-30 | $8.17 Million | $768.28K | 0.094x | +134.09% |
| 2015-09-30 | $7.33 Million | $-2.02 Million | -0.276x | -1180.28% |
| 2014-09-30 | $9.19 Million | $234.47K | 0.026x | -89.35% |
| 2013-09-30 | $9.39 Million | $2.25 Million | 0.240x | +120.40% |
| 2012-09-30 | $9.19 Million | $-10.79 Million | -1.174x | -1123.27% |
| 2011-09-30 | $18.68 Million | $-1.79 Million | -0.096x | -20.40% |
| 2010-09-30 | $21.21 Million | $-1.69 Million | -0.080x | -609.91% |
| 2009-09-30 | $22.52 Million | $352.09K | 0.016x | +189.33% |
| 2008-09-30 | $23.71 Million | $-414.87K | -0.017x | -123.00% |
| 2007-09-30 | $24.42 Million | $1.86 Million | 0.076x | -40.75% |
| 2006-09-30 | $24.95 Million | $3.20 Million | 0.128x | -58.77% |
| 2005-09-30 | $22.84 Million | $7.11 Million | 0.311x | +12.86% |
| 2004-09-30 | $7.62 Million | $2.10 Million | 0.276x | +59.56% |
| 2003-09-30 | $5.30 Million | $915.76K | 0.173x | -42.12% |
| 2002-09-30 | $3.70 Million | $1.11 Million | 0.299x | +235.58% |
| 2001-09-30 | $2.85 Million | $-627.64K | -0.220x | -258.91% |
| 2000-09-30 | $5.16 Million | $715.81K | 0.139x | +1.03% |
| 1999-09-30 | $5.10 Million | $700.00K | 0.137x | +148.04% |
| 1998-09-30 | $3.50 Million | $-1.00 Million | -0.286x | -500.00% |
| 1997-09-30 | $4.20 Million | $300.00K | 0.071x | +107.77% |
| 1996-09-30 | $3.70 Million | $-3.40 Million | -0.919x | -138.92% |
| 1995-09-30 | $1.30 Million | $-500.00K | -0.385x | -- |
About Forward Industries Inc
Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates through OEM Distribution and Design segments. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic pr… Read more