Forward Industries Inc
Forward Industries, Inc., together with its subsidiaries, designs, manufactures, sources, markets, and distributes carry and protective solutions. The company operates through OEM Distribution and Design segments. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and other portable electronic and non-electronic pr… Read more
Forward Industries Inc (FORD) - Total Assets
Latest total assets as of September 2025: $1.47 Billion USD
Based on the latest financial reports, Forward Industries Inc (FORD) holds total assets worth $1.47 Billion USD as of September 2025.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Forward Industries Inc - Total Assets Trend (1995–2025)
This chart illustrates how Forward Industries Inc’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forward Industries Inc - Asset Composition Analysis
Current Asset Composition (September 2025)
Forward Industries Inc's total assets of $1.47 Billion consist of 2.8% current assets and 97.2% non-current assets.
| Asset Category | Amount (USD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | $0.00 | 2.6% |
| Accounts Receivable | $1.64 Million | 0.1% |
| Inventory | $0.00 | 0.0% |
| Property, Plant & Equipment | $0.00 | 0.0% |
| Intangible Assets | $0.00 | 0.0% |
| Goodwill | $0.00 | 0.0% |
Asset Composition Trend (1995–2025)
This chart illustrates how Forward Industries Inc's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forward Industries Inc's current assets represent 2.8% of total assets in 2025, a decrease from 70.2% in 1995.
- Cash Position: Cash and equivalents constituted 2.6% of total assets in 2025, down from 6.0% in 1995.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 1995.
- Asset Diversification: The largest asset category is accounts receivable at 0.1% of total assets.
Forward Industries Inc Competitors by Total Assets
Key competitors of Forward Industries Inc based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Samyang Tongsang Co. Ltd.
KO:002170
|
Korea | ₩463.81 Billion |
|
Wuxi Double Elephant Micro Fibre Material Co Ltd
SHE:002395
|
China | CN¥2.39 Billion |
|
Hwaseung Industries Co Ltd
KO:006060
|
Korea | ₩1.64 Trillion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Carlo Rino Group Bhd
KLSE:0335
|
Malaysia | RM190.25 Million |
|
Baiksan
KO:035150
|
Korea | ₩454.19 Billion |
|
InBioGen Co Ltd
KO:101140
|
Korea | ₩173.22 Billion |
|
Gumho NT Co Ltd
KQ:130500
|
Korea | ₩196.21 Billion |
Forward Industries Inc - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Forward Industries Inc generates 0.01x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forward Industries Inc is currently not profitable relative to its asset base.
Forward Industries Inc - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 15.14 | 1.03 | 1.57 |
| Quick Ratio | 15.14 | 0.98 | 1.40 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | $38.50 Million | $ 272.60K | $ 4.23 Million |
Forward Industries Inc - Advanced Valuation Insights
This section examines the relationship between Forward Industries Inc's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.49 |
| Latest Market Cap to Assets Ratio | 0.01 |
| Asset Growth Rate (YoY) | 9887.2% |
| Total Assets | $1.47 Billion |
| Market Capitalization | $15.44 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forward Industries Inc's assets below their book value (0.01 x), which may indicate investor concerns about asset quality or future growth.
Rapid Asset Growth: Forward Industries Inc's assets grew by 9887.2% over the past year, indicating significant expansion of the company's resource base.
Annual Total Assets for Forward Industries Inc (1995–2025)
The table below shows the annual total assets of Forward Industries Inc from 1995 to 2025.
| Year | Total Assets | Change |
|---|---|---|
| 2025-09-30 | $1.47 Billion | +9887.18% |
| 2024-09-30 | $14.77 Million | -15.06% |
| 2023-09-30 | $17.39 Million | -16.97% |
| 2022-09-30 | $20.94 Million | +5.46% |
| 2021-09-30 | $19.86 Million | +2.58% |
| 2020-09-30 | $19.36 Million | +20.27% |
| 2019-09-30 | $16.09 Million | -16.30% |
| 2018-09-30 | $19.23 Million | +46.18% |
| 2017-09-30 | $13.15 Million | +6.12% |
| 2016-09-30 | $12.40 Million | -3.00% |
| 2015-09-30 | $12.78 Million | -22.88% |
| 2014-09-30 | $16.57 Million | +10.24% |
| 2013-09-30 | $15.03 Million | -12.16% |
| 2012-09-30 | $17.11 Million | -23.13% |
| 2011-09-30 | $22.26 Million | -9.26% |
| 2010-09-30 | $24.53 Million | +0.21% |
| 2009-09-30 | $24.48 Million | -6.22% |
| 2008-09-30 | $26.10 Million | -1.98% |
| 2007-09-30 | $26.63 Million | -4.14% |
| 2006-09-30 | $27.78 Million | -7.10% |
| 2005-09-30 | $29.91 Million | +193.51% |
| 2004-09-30 | $10.19 Million | +41.91% |
| 2003-09-30 | $7.18 Million | +33.24% |
| 2002-09-30 | $5.39 Million | -5.80% |
| 2001-09-30 | $5.72 Million | -17.54% |
| 2000-09-30 | $6.94 Million | -29.21% |
| 1999-09-30 | $9.80 Million | +20.99% |
| 1998-09-30 | $8.10 Million | -19.00% |
| 1997-09-30 | $10.00 Million | +13.64% |
| 1996-09-30 | $8.80 Million | +4.76% |
| 1995-09-30 | $8.40 Million | -- |