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 PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
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. See Forward Industries Inc (FORD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Forward Industries Inc (1995–2025)
Year-by-year free cash flow to debt coverage for Forward Industries Inc. For the full company profile including market capitalisation, see Forward Industries Inc (FORD) market capitalisation.
| 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 | — |