Go Deep
Forward Industries, Inc.
Forward Industries, Inc. Score & Ratio Trend
| Date | Score | P/E | P/B | D/E | Price |
|---|---|---|---|---|---|
| Oct 2026 | 22,991 | -0.2 | 1.16 | 0.25 | 684.73 |
| Oct 2026 | 23,101 | -0.2 | 1.09 | 0.25 | 644.69 |
| Oct 2026 | 22,994 | -0.3 | 1.15 | 0.25 | 678.97 |
| Oct 2026 | 22,919 | -0.2 | 1.11 | 0.25 | 654.48 |
| Oct 2026 | 22,949 | -0.2 | 1.10 | 0.25 | 645.70 |
| Oct 2026 | 22,672 | -0.2 | 1.13 | 0.25 | 664.66 |
| Oct 2026 | 22,385 | -0.2 | 1.22 | 0.25 | 714.10 |
| Oct 2026 | 22,577 | -0.2 | 1.12 | 0.25 | 659.79 |
| Oct 2026 | 22,555 | -0.2 | 1.09 | 0.25 | 644.52 |
Forward Industries, Inc. Quarterly Results
| Line Item | Jun 2026 | Mar 2026 | Dec 2025 | Sep 2025 |
|---|---|---|---|---|
| Revenue | 10,779,711.0 | 12,961,114.0 | 21,435,250.0 | 7,945,374.0 |
| Net Profit | -68,959,173.0 | -283,082,136.0 | -585,651,086.0 | -163,964,642.0 |
| EPS | -0.8 | -3.0 | -5.9 | — |
Forward Industries, Inc. Revenue & Profit: Last 4 Years
| Line Item | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 |
|---|---|---|---|---|
| Revenue | 18,187,525.0 | 19,990,833.0 | 36,688,307.0 | 38,206,958.0 |
| Net Profit | -166,974,340.0 | -1,950,587.0 | -3,736,657.0 | -1,378,251.0 |
| EPS | -24.6 | -1.8 | -3.7 | -1.4 |
Forward Industries, Inc. Balance Sheet
| Line Item | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 |
|---|---|---|---|---|
| Total Assets | 1,474,942,489.0 | 14,768,356.0 | 17,386,142.0 | 20,939,015.0 |
| Total Liabilities | 4,817,622.0 | 11,801,322.0 | 14,769,881.0 | 14,672,588.0 |
| Total Equity | 1,470,124,867.0 | 2,967,034.0 | 2,616,261.0 | 6,266,427.0 |
Owes vs Owns
Forward Industries, Inc. owed $0.21 for every $1 it owned in Jun 2026, down from $0.70 in Sep 2022.
| Period | Jun 2026 | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 |
|---|---|---|---|---|---|
| Owes vs Owns | 0.21× | 0.00× | 0.80× | 0.85× | 0.70× |
Everything the company owes ÷ everything it owns. Below 1× it owns more than it owes; above 1× it owes more than it owns.
Forward Industries, Inc. Assets & Liabilities Breakdown (USD millions)
What it owns — Sep 2025
Cash & short-term investments 2.6%Other assets 97.1%
How it's funded — Sep 2025
Shareholders' equity 99.7%
| Line Item | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 |
|---|---|---|---|---|
| Assets | ||||
| Cash & short-term investments | 38.2 | 2.8 | 3.2 | 2.6 |
| Receivables | 2.7 | 3.6 | 7.0 | 7.5 |
| Inventory | 0.0 | 0.5 | 0.3 | 0.7 |
| Fixed assets (tangible) | 2.4 | 2.8 | 3.3 | 3.7 |
| Intangible assets | 0.0 | 2.2 | 2.7 | 2.9 |
| Long-term investments | 0.0 | 0.0 | 0.0 | 0.0 |
| Other assets | 1,431.6 | 2.9 | 1.0 | 3.6 |
| Liabilities & equity | ||||
| Short-term debt | 0.5 | 0.6 | 0.4 | 0.4 |
| Long-term debt | 2.1 | 2.4 | 1.1 | 1.4 |
| Payables | 0.4 | 0.1 | 0.5 | 0.3 |
| Other liabilities | 1.8 | 8.7 | 12.7 | 12.6 |
| Shareholders' equity | 1,470.1 | 3.0 | 2.6 | 6.3 |
| Net tangible assets | 1,470.1 | 0.7 | -0.0 | 3.4 |
Forward Industries, Inc. Cash Flow
| Line Item | Sep 2025 | Sep 2024 | Sep 2023 | Sep 2022 |
|---|---|---|---|---|
| Operating Activities | -4,502,087.0 | 519,770.0 | 1,041,028.0 | 1,534,788.0 |
| Investing Activities | -901,466,617.0 | -65,154.0 | -136,082.0 | -169,631.0 |
| Financing Activities | 941,358,552.0 | -500,000.0 | -300,000.0 | -200,000.0 |