Forward Industries Inc (FORD) — 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. Explore how much of Forward Industries Inc's assets are long-term investments to see how much of total assets are deployed in long-term investments.
Cash Flow Quality Index
Operating Cash Flow
Net Income
Data as of
Forward Industries Inc Cash Flow Quality Index (1997–2021)
Historical Cash Flow Quality Index for Forward Industries Inc across 12 annual periods. Values consistently above 1.0x indicate high-quality earnings. Check FORD tangible net worth ratio to evaluate the tangible quality of the company's equity base.
Annual Cash Flow Quality Index for Forward Industries Inc (1997–2021)
Year-by-year earnings quality comparison for Forward Industries Inc. For live market cap and the full company financial profile, see market cap of Forward Industries Inc.
| 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 | — |