Forward Industries Inc Cash Flow Quality Index
Forward Industries Inc cash flow quality index. Forward Industries Inc (FORD) has a Cash Flow Quality Index of 6.32x as of December 2021. Operating cash flow of $1.14 Million exceeds net income of $180.02K, indicating high earnings quality where cash backs reported profits. See Forward Industries Inc (FORD) financial flexibility to measure the company's free cash flow as a share of total liabilities.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Cash Flow Quality Index of Forward Industries Inc (1997–2021)
Cash flow quality index of Forward Industries Inc from 1997 to 2021. Historical Cash Flow Quality Index for Forward Industries Inc across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Explore how well can Forward Industries Inc service its debt to assess how comfortably operating cash covers total debt obligations.
Forward Industries Inc Cash Flow Quality Index by Year (1997–2021)
Forward Industries Inc cash flow quality index by year from 1997 to 2021. Year-by-year earnings quality comparison for Forward Industries Inc. For the full cash flow conversion analysis, see FORD cash flow metrics.
| Year | Quality Index | Operating CF (USD) | Net Income | YoY Change |
|---|---|---|---|---|
| 2021 | -1.01x | $-528.31K | $523.80K | ▼ -245.4% |
| 2018 | 0.69x | $956.49K | $1.38 Million | ▲ +391.9% |
| 2017 | -0.24x | $-137.64K | $579.35K | ▼ -118.8% |
| 2016 | 1.27x | $768.28K | $606.56K | ▼ -39.1% |
| 2006 | 2.08x | $3.20 Million | $1.54 Million | ▲ +175.7% |
| 2005 | 0.75x | $7.11 Million | $9.43 Million | ▼ -30.5% |
| 2004 | 1.08x | $2.10 Million | $1.94 Million | ▲ +71.1% |
| 2003 | 0.63x | $915.76K | $1.45 Million | ▼ -51.0% |
| 2002 | 1.29x | $1.11 Million | $855.59K | ▼ -83.4% |
| 2000 | 7.77x | $715.81K | $92.09K | ▲ +1121.5% |
| 1999 | 0.64x | $700.00K | $1.10 Million | ▼ -57.6% |
| 1997 | 1.50x | $300.00K | $200.00K | — |