Forward Industries Inc (FORD) — Net Asset Quality Index
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. Read total liabilities of Forward Industries Inc for a breakdown of total debt and financial obligations.
Quality Index
Net Assets
Total Assets
Total Liabilities
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. For live market cap and overall valuation, see market cap of Forward Industries Inc.
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. Check strategic asset allocation of Forward Industries Inc to assess the company's strategic physical and investment asset allocation.
| 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 | — |