Forward Industries Inc (FORD) — Cash Flow-to-Debt Ratio
Forward Industries Inc (FORD) has a Cash Flow-to-Debt Ratio of -0.48x as of September 2025, meaning its operating cash flow of $-2.30 Million could theoretically repay 0% of its total liabilities ($4.82 Million) in one year. See Forward Industries Inc leverage flexibility ratio to measure the company's free cash flow as a share of total liabilities.
CF-to-Debt Ratio
Operating Cash Flow
Total Liabilities
Data as of
Forward Industries Inc Cash Flow-to-Debt Ratio (1995–2025)
Historical debt coverage capacity for Forward Industries Inc across 31 annual periods. For the full cash flow conversion analysis, see Forward Industries Inc cash flow conversion.
Annual Cash Flow-to-Debt Ratio for Forward Industries Inc (1995–2025)
Year-by-year debt coverage analysis for Forward Industries Inc. Check Forward Industries Inc (FORD) cash earnings ratio to evaluate the quality of earnings relative to operating cash generation.
| Year | CF-to-Debt Ratio | Operating CF (USD) | Total Liabilities | YoY Change |
|---|---|---|---|---|
| 2025 | -1.02x | $-4.90 Million | $4.82 Million | ▼ -3047.2% |
| 2024 | 0.03x | $407.12K | $11.80 Million | ▼ -51.1% |
| 2023 | 0.07x | $1.04 Million | $14.77 Million | ▼ -32.6% |
| 2022 | 0.10x | $1.53 Million | $14.67 Million | ▲ +345.8% |
| 2021 | -0.04x | $-528.31K | $12.41 Million | ▼ -106.8% |
| 2020 | -0.02x | $-262.95K | $12.77 Million | ▲ +91.2% |
| 2019 | -0.23x | $-1.97 Million | $8.38 Million | ▼ -299.7% |
| 2018 | 0.12x | $956.49K | $8.13 Million | ▲ +461.1% |
| 2017 | -0.03x | $-137.64K | $4.22 Million | ▼ -117.9% |
| 2016 | 0.18x | $768.28K | $4.22 Million | ▲ +149.0% |
| 2015 | -0.37x | $-2.02 Million | $5.45 Million | ▼ -1269.2% |
| 2014 | 0.03x | $234.47K | $7.38 Million | ▼ -92.0% |
| 2013 | 0.40x | $2.25 Million | $5.64 Million | ▲ +129.3% |
| 2012 | -1.36x | $-10.79 Million | $7.92 Million | ▼ -171.6% |
| 2011 | -0.50x | $-1.79 Million | $3.58 Million | ▲ +1.4% |
| 2010 | -0.51x | $-1.69 Million | $3.32 Million | ▼ -382.8% |
| 2009 | 0.18x | $352.09K | $1.96 Million | ▲ +203.9% |
| 2008 | -0.17x | $-414.87K | $2.40 Million | ▼ -120.6% |
| 2007 | 0.84x | $1.86 Million | $2.21 Million | ▼ -25.6% |
| 2006 | 1.13x | $3.20 Million | $2.83 Million | ▲ +12.4% |
| 2005 | 1.01x | $7.11 Million | $7.06 Million | ▲ +23.1% |
| 2004 | 0.82x | $2.10 Million | $2.57 Million | ▲ +68.3% |
| 2003 | 0.49x | $915.76K | $1.88 Million | ▼ -26.0% |
| 2002 | 0.66x | $1.11 Million | $1.68 Million | ▲ +400.6% |
| 2001 | -0.22x | $-627.64K | $2.87 Million | ▼ -154.2% |
| 2000 | 0.40x | $715.81K | $1.78 Million | ▲ +170.8% |
| 1999 | 0.15x | $700.00K | $4.70 Million | ▲ +168.5% |
| 1998 | -0.22x | $-1.00 Million | $4.60 Million | ▼ -520.3% |
| 1997 | 0.05x | $300.00K | $5.80 Million | ▲ +107.8% |
| 1996 | -0.67x | $-3.40 Million | $5.10 Million | ▼ -846.7% |
| 1995 | -0.07x | $-500.00K | $7.10 Million | — |