Forward Industries Inc (FORD) - 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.
Forward Industries Inc - Cash Flow Conversion Efficiency Trend (1995–2025)
This chart illustrates how Forward Industries Inc's cash flow conversion efficiency has evolved over time, based on yearly financial data. Read FORD current and long-term liabilities for a breakdown of total debt and financial obligations.
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.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Ton Yi Industrial Corp
TW:9907
|
0.042x |
|
SUPER HI INTERNATIONAL HOLDING LTD. American Depositary Shares
NASDAQ:HDL
|
0.087x |
|
MainStay CBRE Global Infrastructure Megatrends Fund
NYSE:MEGI
|
N/A |
|
Canadian General Investments Ltd
TO:CGI
|
-0.004x |
|
Gansu Guofang Gongmao(Grp)
SHG:601086
|
0.031x |
|
Shenzhen Jinjia Color Printing Group Co Ltd
SHE:002191
|
0.046x |
|
Rashtriya Chemicals and Fertilizers Limited
NSE:RCF
|
0.263x |
|
Zhongyeda Electric Co Ltd
SHE:002441
|
-0.038x |
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. For the full company profile with market capitalisation and key ratios, see market cap of Forward Industries Inc.
| 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