Forward Air Corporation (FWRD) - Total Liabilities
Based on the latest financial reports, Forward Air Corporation (FWRD) has total liabilities worth $2.58 Billion USD as of December 2025. Total liabilities represent everything the company owes to external parties, combining both current liabilities—like accounts payable, short-term debt, and accrued expenses—and non-current liabilities such as long-term debt, pension obligations, lease liabilities, and deferred tax liabilities. Explore FWRD operating cash flow to assess how effectively this company generates cash.
Forward Air Corporation - Total Liabilities Trend (1993–2025)
This chart illustrates how Forward Air Corporation's total liabilities have evolved over time, based on quarterly financial data. Check Forward Air Corporation liquidity resilience to evaluate the company's liquid asset resilience ratio.
Forward Air Corporation Competitors by Total Liabilities
The table below lists competitors of Forward Air Corporation ranked by their total liabilities.
| Company | Country | Total Liabilities |
|---|---|---|
|
Prime Medicine, Inc. Common Stock
NASDAQ:PRME
|
USA | $223.19 Million |
|
Haier Smart Home Co Ltd
F:690D
|
Germany | €169.82 Billion |
|
Oeneo SA
PA:SBT
|
France | €193.53 Million |
|
Tianjin LVYIN Landscape and Ecology Construction Co Ltd
SHE:002887
|
China | CN¥1.58 Billion |
|
Bumi Armada Bhd
KLSE:5210
|
Malaysia | RM2.88 Billion |
|
Zhejiang Tengen Electrics Co Ltd
SHG:605066
|
China | CN¥1.35 Billion |
|
Jilin University Zhengyuan Info Tech
SHE:003029
|
China | CN¥674.09 Million |
|
Jiangsu Xiuqiang Glasswork Co
SHE:300160
|
China | CN¥536.91 Million |
Liability Composition Analysis (1993–2025)
This chart breaks down Forward Air Corporation's total liabilities into key components over time: long-term debt, short-term debt, other current liabilities, and other non-current liabilities. Toggle between absolute values and percentage view to see how the composition has shifted. For the full company profile including market capitalisation, see FWRD company net worth.
Liquidity & Leverage Metrics
Key Metrics Explained
| Metric | Value | Description |
|---|---|---|
| Current Ratio | 1.22 | Measures ability to pay short-term obligations (Current Assets ÷ Current Liabilities) |
| Quick Ratio | N/A | More stringent measure of short-term liquidity ((Current Assets - Inventory) ÷ Current Liabilities) |
| Cash Ratio | N/A | Most conservative liquidity measure (Cash & Equivalents ÷ Current Liabilities) |
| Debt to Equity | 22.79 | Measures financial leverage (Total Liabilities ÷ Shareholder Equity) |
| Debt to Assets | 0.94 | Portion of assets financed with debt (Total Liabilities ÷ Total Assets) |
Liability Trends Comparison
This chart compares key liability metrics across different time periods, showing how Forward Air Corporation's debt structure has evolved. The comparison includes total liabilities, long-term debt, and current liabilities.
Annual Total Liabilities for Forward Air Corporation (1993–2025)
The table below shows the annual total liabilities of Forward Air Corporation from 1993 to 2025.
| Year | Total Liabilities | Change |
|---|---|---|
| 2025-12-31 | $2.58 Billion | +2.64% |
| 2024-12-31 | $2.52 Billion | +13.61% |
| 2023-12-31 | $2.22 Billion | +342.32% |
| 2022-12-31 | $500.83 Million | -4.45% |
| 2021-12-31 | $524.17 Million | +4.82% |
| 2020-12-31 | $500.06 Million | +20.88% |
| 2019-12-31 | $413.70 Million | +99.88% |
| 2018-12-31 | $206.97 Million | +34.20% |
| 2017-12-31 | $154.23 Million | +8.44% |
| 2016-12-31 | $142.22 Million | -25.19% |
| 2015-12-31 | $190.12 Million | +142.98% |
| 2014-12-31 | $78.24 Million | +11.13% |
| 2013-12-31 | $70.40 Million | +48.17% |
| 2012-12-31 | $47.52 Million | -12.41% |
| 2011-12-31 | $54.25 Million | -41.49% |
| 2010-12-31 | $92.71 Million | +0.79% |
| 2009-12-31 | $91.99 Million | +0.98% |
| 2008-12-31 | $91.09 Million | +29.85% |
| 2007-12-31 | $70.15 Million | +152.46% |
| 2006-12-31 | $27.79 Million | -17.75% |
| 2005-12-31 | $33.78 Million | +0.70% |
| 2004-12-31 | $33.55 Million | +22.54% |
| 2003-12-31 | $27.38 Million | +0.79% |
| 2002-12-31 | $27.16 Million | -10.56% |
| 2001-12-31 | $30.37 Million | -6.58% |
| 2000-12-31 | $32.52 Million | +31.83% |
| 1999-12-31 | $24.66 Million | -34.64% |
| 1998-12-31 | $37.74 Million | -44.40% |
| 1997-12-31 | $67.87 Million | +17.40% |
| 1996-12-31 | $57.81 Million | -6.30% |
| 1995-12-31 | $61.70 Million | +33.55% |
| 1994-12-31 | $46.20 Million | +112.90% |
| 1993-12-31 | $21.70 Million | -- |
About Forward Air Corporation
Forward Air Corporation, together with its subsidiaries, operates as an asset-light freight and logistics company in the United States, Mexico, Europe, Asia, and Canada. The company operates through three segments: Expedited Freight, Omni Logistics, and Intermodal. Its Expedited Freight segment provides expedited regional, inter-regional, and national less-than-truckload services; local pick-up a… Read more