Forward Industries Inc (FORD) — Net Asset Quality Index

Latest as of September 2025: 99.7%

Forward Industries Inc (FORD) has a Net Asset Quality Index of 99.7% as of September 2025. This metric measures the proportion of total assets financed by shareholders' equity — total assets of $1.47 Billion minus total liabilities of $4.82 Million yields net assets of $1.47 Billion. A higher index indicates a stronger, lower-leverage balance sheet. Check Forward Industries Inc asset resilience ratio to evaluate the company's liquid asset resilience ratio.

Quality Index

99.7%
Equity / Total Assets

Net Assets

$1.47 Billion
USD

Total Assets

$1.47 Billion
USD

Total Liabilities

$4.82 Million
USD

Forward Industries Inc Net Asset Quality Index Over Time (1995–2025)

This chart shows how Forward Industries Inc's Net Asset Quality Index has evolved across 31 annual periods from 1995 to 2025. As of September 2025, the index stands at 99.7%, representing net assets of $1.47 Billion against total assets of $1.47 Billion USD. See Forward Industries Inc (FORD) working capital ratio to evaluate short-term liquidity relative to the company's equity base.

Annual Net Asset Quality Index for Forward Industries Inc (1995–2025)

The table below presents the year-by-year Net Asset Quality Index for Forward Industries Inc from 1995 to 2025, covering 31 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Forward Industries Inc market cap and net worth.

Year Quality Index Net Assets (USD) Total Assets Total Liabilities Change (pp)
2025 99.7% $1.47 Billion $1.47 Billion $4.82 Million ▲ +79.6 pp
2024 20.1% $2.97 Million $14.77 Million $11.80 Million ▲ +5.0 pp
2023 15.0% $2.62 Million $17.39 Million $14.77 Million ▼ -14.9 pp
2022 29.9% $6.27 Million $20.94 Million $14.67 Million ▼ -7.6 pp
2021 37.5% $7.44 Million $19.86 Million $12.41 Million ▲ +3.5 pp
2020 34.0% $6.58 Million $19.36 Million $12.77 Million ▼ -13.9 pp
2019 47.9% $7.71 Million $16.09 Million $8.38 Million ▼ -9.8 pp
2018 57.7% $11.10 Million $19.23 Million $8.13 Million ▼ -10.2 pp
2017 67.9% $8.93 Million $13.15 Million $4.22 Million ▲ +1.9 pp
2016 65.9% $8.17 Million $12.40 Million $4.22 Million ▲ +8.6 pp
2015 57.4% $7.33 Million $12.78 Million $5.45 Million ▲ +1.9 pp
2014 55.4% $9.19 Million $16.57 Million $7.38 Million ▼ -7.1 pp
2013 62.5% $9.39 Million $15.03 Million $5.64 Million ▲ +8.8 pp
2012 53.7% $9.19 Million $17.11 Million $7.92 Million ▼ -30.2 pp
2011 83.9% $18.68 Million $22.26 Million $3.58 Million ▼ -2.5 pp
2010 86.4% $21.21 Million $24.53 Million $3.32 Million ▼ -5.6 pp
2009 92.0% $22.52 Million $24.48 Million $1.96 Million ▲ +1.2 pp
2008 90.8% $23.71 Million $26.10 Million $2.40 Million ▼ -0.9 pp
2007 91.7% $24.42 Million $26.63 Million $2.21 Million ▲ +1.9 pp
2006 89.8% $24.95 Million $27.78 Million $2.83 Million ▲ +13.4 pp
2005 76.4% $22.84 Million $29.91 Million $7.06 Million ▲ +1.6 pp
2004 74.8% $7.62 Million $10.19 Million $2.57 Million ▲ +1.0 pp
2003 73.8% $5.30 Million $7.18 Million $1.88 Million ▲ +5.0 pp
2002 68.7% $3.70 Million $5.39 Million $1.68 Million ▲ +18.9 pp
2001 49.8% $2.85 Million $5.72 Million $2.87 Million ▼ -24.6 pp
2000 74.4% $5.16 Million $6.94 Million $1.78 Million ▲ +22.4 pp
1999 52.0% $5.10 Million $9.80 Million $4.70 Million ▲ +8.8 pp
1998 43.2% $3.50 Million $8.10 Million $4.60 Million ▲ +1.2 pp
1997 42.0% $4.20 Million $10.00 Million $5.80 Million ▼ 0.0 pp
1996 42.0% $3.70 Million $8.80 Million $5.10 Million ▲ +26.6 pp
1995 15.5% $1.30 Million $8.40 Million $7.10 Million
pp = percentage points