Forward Industries Inc (FORD) - Total Assets
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. See shareholders equity of Forward Industries Inc for net asset value and shareholders' equity analysis.
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.
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. For live market cap, price, and company overview, see market cap of Forward Industries Inc.
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 |
|---|---|---|
|
Feng Tay Enterprises Co Ltd
TW:9910
|
Taiwan | NT$52.69 Billion |
|
Topscore Fashion
SHG:603608
|
China | CN¥1.49 Billion |
|
Harson Trading China Co Ltd
SHG:603958
|
China | CN¥1.78 Billion |
|
VIP Industries Limited
NSE:VIPIND
|
India | Rs17.22 Billion |
|
Desa Deri Sanayi ve Ticaret AS
IS:DESA
|
Turkey | TL5.34 Billion |
|
Uni Chem
KO:011330
|
Korea | ₩202.72 Billion |
|
Merchant House International Ltd
AU:MHI
|
Australia | AU$24.11 Million |
|
Grimoldi SA
BA:GRIM
|
Argentina | AR$187.11 Billion |
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 | 0.53 |
| Asset Growth Rate (YoY) | 9887.2% |
| Total Assets | $1.47 Billion |
| Market Capitalization | $788.51 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forward Industries Inc's assets below their book value (0.53x), 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 | -- |
About 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