Forward Industries Balance Sheet
NASDAQ: FWDIFinanceFinance: Consumer ServicesUSD
At close: Oct 9, 4:00 PM ET · Delayed 15 min
Forward Industries financial position
At the end of fiscal 2025, Forward Industries reported total assets of $1.47 billion, up 9887.2% from a year earlier against total liabilities of $4.8 million. Shareholders' equity stood at $1.47 billion, or 99.7% of assets. The company held $38.2 million in cash and equivalents.
The current ratio (current assets divided by current liabilities) was 15.14, meaning short-term assets cover obligations due within a year.
Summary generated from market data by MetaCap's automated system. Methodology
Forward Industries balance sheet (annual)
| Fiscal year (USD) | FY 20252025-09-30 | FY 20242024-09-30 | FY 20232023-09-30 | FY 20222022-09-30 | FY 20212021-09-30 | FY 20202020-09-30 | FY 20192019-09-30 | FY 20182018-09-30 | FY 20172017-09-30 | FY 20162016-09-30 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | 38.17M | 2.78M | 3.18M | 2.58M | 1.41M | 2.92M | 3.09M | 4.37M | 4.62M | 4.76M |
| Receivables | 1.64M | 2.31M | 6.97M | 7.54M | 8.76M | 7.60M | 6.70M | 9.02M | 6.22M | 4.86M |
| Inventory | — | 490.00K | 334.38K | 650.85K | 2.06M | 1.28M | 1.61M | 1.57M | 2.12M | 2.57M |
| Total Current Assets | 41.22M | 9.65M | 11.37M | 14.34M | 12.79M | 12.22M | 11.84M | 15.21M | 13.12M | 12.34M |
| Property, Plant & Equipment | 124.33K | 218.03K | 274.05K | 241.15K | 168.00K | 215.32K | 243.00K | 358.98K | 20.66K | 43.03K |
| Goodwill | 0 | 1.56M | 1.76M | 1.76M | 1.76M | 1.76M | 2.18M | 2.18M | 0 | — |
| Intangible Assets | 0 | 680.39K | 893.14K | 1.11M | 1.32M | 1.53M | 1.25M | 1.41M | 0 | — |
| Total Assets | 1.47B | 14.77M | 17.39M | 20.94M | 19.86M | 19.36M | 16.09M | 19.23M | 13.15M | 12.40M |
| Accounts Payable | 433.04K | 103.58K | 518.89K | 268.16K | 391.99K | 197.02K | 315.44K | 329.97K | 67.35K | 62.14K |
| Total Current Liabilities | 2.72M | 9.37M | 10.84M | 9.98M | 7.21M | 8.83M | 8.30M | 7.62M | 4.19M | 4.17M |
| Long-Term Debt | — | 0 | 1.10M | 1.40M | 1.60M | 529.97K | 0 | 54.34K | 0 | — |
| Total Liabilities | 4.82M | 11.80M | 14.77M | 14.67M | 12.41M | 12.77M | 8.38M | 8.13M | 4.22M | 4.22M |
| Shareholders' Equity | 1.47B | 2.97M | 2.62M | 6.27M | 7.44M | 6.58M | 7.71M | 11.10M | 8.93M | 8.17M |
| Retained Earnings | -186.61M | -19.64M | -17.69M | -13.95M | -12.57M | -13.10M | -11.32M | -7.72M | -9.10M | -9.67M |
| Total Debt | — | 0 | 1.10M | 1.40M | 1.60M | 529.97K | 0 | 54.34K | 0 | — |
| Net Cash (Debt) | 38.17M | 2.78M | 2.08M | 1.18M | -189.63K | 2.39M | 3.09M | 4.32M | 4.62M | 4.76M |
| Shares Outstanding | 86.15M | 1.10M | 1.10M | 10.06M | 10.06M | 9.88M | 9.53M | 9.53M | 8.92M | 8.78M |
This table shows 10 annual periods of Forward Industries's balance sheet, from FY 2025 back to FY 2016, across 18 line items including cash & equivalents, short-term investments, receivables. Values in USD; B = billions, M = millions. Fiscal periods follow FWDI's reporting calendar. What is a balance sheet?