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 (FORD) free cash flow to measure how efficiently the company converts operating cash flow to free cash.
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. Also explore FORD net asset momentum to track the company's year-over-year net asset growth rate.
Annual Cash Flow-to-Debt Ratio for Forward Industries Inc (1995–2025)
Year-by-year debt coverage analysis for Forward Industries Inc. For market capitalisation and broader financial context, see FORD market cap.
| 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 | — |