Forward Industries, Inc.

Forward Industries, Inc.verified

FORD

Price:

$3.75

Market Cap:

$4.13M

Forward Industries, Inc., together with its subsidiaries, designs, markets, and distributes carry and protective solutions primarily for handheld electronic devices. The company operates in three segments: OEM Distribution, Retail Distribution, and Design. The OEM Distribution segment sources and distributes carrying cases and other accessories for medical monitoring and diagnostic kits; and various portable electronic and non-electronic products, such as sporting and recreational products, bar code scanners, GPS devices, tablets, and firearms. The Retail Distribution segment sources and sells smart-enabled furniture and a range of other products through agreements with various retailers, in...[Read more]

Industry

Apparel - Footwear & Accessories

IPO Date

1994-11-17

Stock Exchange

NASDAQ

Ticker

FORD

The Current Ratio as of September 2024 (TTM) for Forward Industries, Inc. (FORD) is 0.86

According to Forward Industries, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 0.86. This represents a change of -7.43% compared to the average of 0.93 of the last 4 quarters.

Forward Industries, Inc. (FORD) Historical Current Ratio (quarterly & annually)

How has FORD Current Ratio performed in the past?

The mean historical Current Ratio of Forward Industries, Inc. over the last ten years is 2.01. The current 0.86 Current Ratio has changed 4.18% with respect to the historical average. Over the past ten years (40 quarters), FORD's Current Ratio was at its highest in in the March 2017 quarter at 3.93. The Current Ratio was at its lowest in in the June 2024 quarter at 0.86.

Quarterly (TTM)
Annual

Average

2.01

Median

1.89

Minimum

1.05

Maximum

3.13

Forward Industries, Inc. (FORD) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Forward Industries, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 28.19%

Maximum Annual Current Ratio = 3.13

Minimum Annual Increase = -36.34%

Minimum Annual Current Ratio = 1.05

Quarterly (TTM)
Annual
YearCurrent RatioChange
20231.05-26.97%
20221.44-19.05%
20211.7828.19%
20201.38-2.97%
20191.43-28.48%
20182.00-36.34%
20173.135.90%
20162.9624.61%
20152.38-6.99%
20142.55-16.89%

Forward Industries, Inc. (FORD) Average Current Ratio

How has FORD Current Ratio performed in the past?

The current Current Ratio of Forward Industries, Inc. (FORD) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

1.42

5-year avg

1.41

10-year avg

2.01

Forward Industries, Inc. (FORD) Current Ratio vs. Peers

How is FORD’s Current Ratio compared to its peers?

Forward Industries, Inc.’s Current Ratio is less than Crocs, Inc. (1.50), less than On Holding AG (2.98), less than Deckers Outdoor Corporation (2.86), less than adidas AG (1.27), less than Skechers U.S.A., Inc. (2.06), less than NIKE, Inc. (2.40), less than Designer Brands Inc. (1.29), less than Steven Madden, Ltd. (2.12),

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