Forward Industries annual current ratio
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2025
Forward Industries Current Ratio Growth & History (FWDI)
Forward Industries's current ratio was 15.14 for fiscal 2025.
View full Forward Industries company overviewForward Industries annual current ratio history
| Fiscal year | Period ended | Current ratio | Change | Growth |
|---|---|---|---|---|
| 2025 | 2025-09-30 | 15.14 | 14.11 | +1369.96% |
| 2024 | 2024-09-30 | 1.03 | −0.02 | −1.87% |
| 2023 | 2023-09-30 | 1.05 | −0.39 | −26.97% |
| 2022 | 2022-09-30 | 1.44 | −0.34 | −19.05% |
| 2021 | 2021-09-30 | 1.78 | 0.39 | +28.19% |
| 2020 | 2020-09-30 | 1.38 | −0.04 | −2.97% |
| 2019 | 2019-09-30 | 1.43 | −0.57 | −28.48% |
| 2018 | 2018-09-30 | 2.00 | −1.14 | −36.34% |
| 2017 | 2017-09-30 | 3.13 | 0.17 | +5.90% |
| 2016 | 2016-09-30 | 2.96 | 0.58 | +24.61% |
| 2015 | 2015-09-30 | 2.38 | −0.18 | −6.99% |
| 2014 | 2014-09-30 | 2.55 | −0.57 | −18.17% |
| 2013 | 2013-09-30 | 3.12 | 0.98 | +46.03% |
| 2012 | 2012-09-30 | 2.14 | — | — |
Forward Industries quarterly current ratio
Q4.12
Q3.13
Q4.13
Q1.14
Q2.14
Q3.14
Q4.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q4.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
Q3.26
| Fiscal quarter | Period ended | Current ratio | Change | YoY change |
|---|---|---|---|---|
| Q3 2026 | 2026-06-30 | 0.17 | −1.34 | −88.57% |
| Q2 2026 | 2026-03-31 | 0.40 | −0.79 | −66.67% |
| Q1 2026 | 2025-12-31 | 6.24 | 5.26 | +535.96% |
| Q4 2025 | 2025-09-30 | 15.14 | 14.11 | +1369.96% |
| Q3 2025 | 2025-06-30 | 1.51 | 0.65 | +75.93% |
| Q2 2025 | 2025-03-31 | 1.19 | 0.31 | +34.91% |
| Q1 2025 | 2024-12-31 | 0.98 | 0.05 | +5.76% |
| Q4 2024 | 2024-09-30 | 1.03 | −0.02 | −1.87% |
| Q3 2024 | 2024-06-30 | 0.86 | −0.37 | −30.25% |
| Q2 2024 | 2024-03-31 | 0.88 | −0.40 | −31.23% |
| Q1 2024 | 2023-12-31 | 0.93 | −0.41 | −30.83% |
| Q4 2023 | 2023-09-30 | 1.05 | −0.39 | −26.97% |
| Q3 2023 | 2023-06-30 | 1.23 | −0.21 | −14.80% |
| Q2 2023 | 2023-03-31 | 1.28 | −0.07 | −5.32% |
| Q1 2023 | 2022-12-31 | 1.34 | −0.06 | −4.11% |
| Q4 2022 | 2022-09-30 | 1.44 | −0.34 | −19.05% |
| Q3 2022 | 2022-06-30 | 1.45 | −0.46 | −24.16% |
| Q2 2022 | 2022-03-31 | 1.35 | −0.67 | −32.96% |
| Q1 2022 | 2021-12-31 | 1.40 | −0.17 | −10.86% |
| Q4 2021 | 2021-09-30 | 1.78 | 0.39 | +28.19% |
| Q3 2021 | 2021-06-30 | 1.91 | 0.41 | +27.56% |
| Q2 2021 | 2021-03-31 | 2.02 | 0.49 | +31.94% |
| Q1 2021 | 2020-12-31 | 1.57 | 0.13 | +9.17% |
| Q4 2020 | 2020-09-30 | 1.38 | −0.04 | −2.97% |
| Q3 2020 | 2020-06-30 | 1.50 | −0.25 | −14.38% |
| Q2 2020 | 2020-03-31 | 1.53 | −0.38 | −20.05% |
| Q1 2020 | 2019-12-31 | 1.44 | −0.41 | −22.30% |
| Q4 2019 | 2019-09-30 | 1.43 | −0.57 | −28.48% |
| Q3 2019 | 2019-06-30 | 1.75 | −0.29 | −14.22% |
| Q2 2019 | 2019-03-31 | 1.91 | −0.23 | −10.89% |
| Q1 2019 | 2018-12-31 | 1.85 | −1.05 | −36.22% |
| Q4 2018 | 2018-09-30 | 2.00 | −1.14 | −36.34% |
| Q3 2018 | 2018-06-30 | 2.04 | −1.15 | −36.07% |
| Q2 2018 | 2018-03-31 | 2.15 | −1.78 | −45.31% |
| Q1 2018 | 2017-12-31 | 2.90 | −0.04 | −1.35% |
| Q4 2017 | 2017-09-30 | 3.13 | 0.17 | +5.90% |
| Q3 2017 | 2017-06-30 | 3.19 | 0.59 | +22.69% |
| Q2 2017 | 2017-03-31 | 3.93 | 1.18 | +42.85% |
| Q1 2017 | 2016-12-31 | 2.94 | 0.55 | +23.22% |
| Q4 2016 | 2016-09-30 | 2.96 | 0.58 | +24.61% |
| Q3 2016 | 2016-06-30 | 2.60 | 0.41 | +18.58% |
| Q2 2016 | 2016-03-31 | 2.75 | 0.37 | +15.43% |
| Q1 2016 | 2015-12-31 | 2.39 | −0.10 | −4.04% |
| Q4 2015 | 2015-09-30 | 2.38 | −0.18 | −6.99% |
| Q3 2015 | 2015-06-30 | 2.19 | −0.56 | −20.42% |
| Q2 2015 | 2015-03-31 | 2.38 | −1.31 | −35.48% |
| Q1 2015 | 2014-12-31 | 2.49 | −0.58 | −19.04% |
| Q4 2014 | 2014-09-30 | 2.55 | −0.57 | −18.17% |
| Q3 2014 | 2014-06-30 | 2.75 | −0.16 | −5.40% |
| Q2 2014 | 2014-03-31 | 3.69 | — | — |
| Q1 2014 | 2013-12-31 | 3.07 | — | — |
| Q4 2013 | 2013-09-30 | 3.12 | 0.98 | +46.03% |
| Q3 2013 | 2013-06-30 | 2.91 | — | — |
| Q4 2012 | 2012-09-30 | 2.14 | — | — |
Forward Industries current ratio trends
Over the last five fiscal years, Forward Industries's current ratio increased from 1.38 to 15.14, a change of 13.75. The latest reported quarter, Q3 2026, shows 0.17.
About the metric
What the current ratio means
The current ratio compares short-term assets with obligations due within roughly one year. A higher ratio generally indicates more short-term balance-sheet coverage, but normal levels vary by industry and business model.
Calculation and source
How the current ratio is calculated
TickerStat calculates the current ratio as SEC-reported current assets divided by SEC-reported current liabilities for the same balance-sheet date. Periods without a positive current-liability value are omitted. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Forward Industries source filings ↗