Forward Industries Inc (FORD) — Financial Flexibility Index
Forward Industries Inc (FORD) has a Financial Flexibility Index of -0.48x as of September 2025. Free cash flow of $-2.30 Million (operating CF $-2.30 Million minus capex $0.00) represents 0% of total liabilities ($4.82 Million). Check FORD cash reinvestment to operating cash ratio to assess the company's total reinvestment commitment from operating cash flow.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Forward Industries Inc Financial Flexibility Index (1995–2025)
Historical Financial Flexibility Index trend for Forward Industries Inc across 31 annual periods. For the full cash flow conversion analysis, see Forward Industries Inc (FORD) cash flow conversion.
Annual Financial Flexibility Index for Forward Industries Inc (1995–2025)
Year-by-year free cash flow to debt coverage for Forward Industries Inc. Explore cash flow to debt ratio of Forward Industries Inc to assess how comfortably operating cash covers total debt obligations.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | -1.01x | $-4.87 Million | $-4.90 Million | $4.82 Million | ▼ -2627.3% |
| 2024 | 0.04x | $472.28K | $407.12K | $11.80 Million | ▼ -49.8% |
| 2023 | 0.08x | $1.18 Million | $1.04 Million | $14.77 Million | ▼ -31.4% |
| 2022 | 0.12x | $1.70 Million | $1.53 Million | $14.67 Million | ▲ +412.7% |
| 2021 | -0.04x | $-461.10K | $-528.31K | $12.41 Million | ▼ -144.0% |
| 2020 | -0.02x | $-194.49K | $-262.95K | $12.77 Million | ▲ +93.4% |
| 2019 | -0.23x | $-1.94 Million | $-1.97 Million | $8.38 Million | ▼ -285.5% |
| 2018 | 0.12x | $1.01 Million | $956.49K | $8.13 Million | ▲ +743.4% |
| 2017 | -0.02x | $-81.76K | $-137.64K | $4.22 Million | ▼ -110.0% |
| 2016 | 0.19x | $816.40K | $768.28K | $4.22 Million | ▲ +153.0% |
| 2015 | -0.37x | $-1.99 Million | $-2.02 Million | $5.45 Million | ▼ -1106.3% |
| 2014 | 0.04x | $267.95K | $234.47K | $7.38 Million | ▼ -91.2% |
| 2013 | 0.41x | $2.32 Million | $2.25 Million | $5.64 Million | ▲ +130.5% |
| 2012 | -1.35x | $-10.71 Million | $-10.79 Million | $7.92 Million | ▼ -219.0% |
| 2011 | -0.42x | $-1.52 Million | $-1.79 Million | $3.58 Million | ▲ +16.2% |
| 2010 | -0.51x | $-1.68 Million | $-1.69 Million | $3.32 Million | ▼ -307.6% |
| 2009 | 0.24x | $477.04K | $352.09K | $1.96 Million | ▲ +251.3% |
| 2008 | -0.16x | $-385.88K | $-414.87K | $2.40 Million | ▼ -118.5% |
| 2007 | 0.87x | $1.92 Million | $1.86 Million | $2.21 Million | ▼ -24.4% |
| 2006 | 1.15x | $3.25 Million | $3.20 Million | $2.83 Million | ▲ +12.4% |
| 2005 | 1.02x | $7.22 Million | $7.11 Million | $7.06 Million | ▲ +18.0% |
| 2004 | 0.87x | $2.23 Million | $2.10 Million | $2.57 Million | ▲ +67.1% |
| 2003 | 0.52x | $976.82K | $915.76K | $1.88 Million | ▼ -21.9% |
| 2002 | 0.66x | $1.12 Million | $1.11 Million | $1.68 Million | ▲ +449.5% |
| 2001 | -0.19x | $-545.69K | $-627.64K | $2.87 Million | ▼ -134.5% |
| 2000 | 0.55x | $978.38K | $715.81K | $1.78 Million | ▲ +135.5% |
| 1999 | 0.23x | $1.10 Million | $700.00K | $4.70 Million | ▲ +234.6% |
| 1998 | -0.17x | $-800.00K | $-1.00 Million | $4.60 Million | ▼ -352.2% |
| 1997 | 0.07x | $400.00K | $300.00K | $5.80 Million | ▲ +110.7% |
| 1996 | -0.65x | $-3.30 Million | $-3.40 Million | $5.10 Million | ▼ -1431.4% |
| 1995 | -0.04x | $-300.00K | $-500.00K | $7.10 Million | — |