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 FORD operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.
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. For the full cash flow conversion analysis, see how efficiently does Forward Industries Inc generate cash.
Annual Cash Flow Quality Index for Forward Industries Inc (1997–2021)
Year-by-year earnings quality comparison for 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 | — |