Forward Industries, Inc. cash flow to debt ratio of -176.90% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

Forward Industries, Inc.'s free cash flow has decreased 1.42K% from $341.97K last year to $-4.53M, signaling decreasing performance

Forward Industries, Inc.'s debt to equity ratio is 0.10, which means that the company's assets are healthy financed, signaling financial stability.

Forward Industries, Inc.'s debt has decreased relative to shareholder equity from 1.16 last year to 0.10 today, signaling strengthened financials

Forward Industries, Inc. has a net cash position, so leverage is healthy.

Forward Industries, Inc. earns at least as much interest as it pays. Interest obligations are fully covered.

Forward Industries, Inc.'s profit margin has decreased (35.58K%) in the last year from -6.46% to -2.31K%, signaling decreasing performance

Forward Industries, Inc.'s short-term assets of $41.22M exceed its short-term liabilities of $2.72M

Forward Industries, Inc.'s return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Forward Industries, Inc.'s return on equity of -142.27%, is lower than 15.00%, indicating bad performance

Forward Industries, Inc.'s operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Forward Industries, Inc. had positive net income in only 1 out of 5 years, indicating unstable earnings

Forward Industries, Inc. has negative free cash flow, indicating the company is burning cash rather than generating it

Forward Industries, Inc. has negative free cash flow, indicating cash burn

Forward Industries, Inc.'s yearly earnings has decreased 8.46K% since last year from $-1.95M to $-166.97M, signaling decreasing performance

Forward Industries, Inc.'s yearly revenue has decreased 39.77% since last year from $30.20M to $18.19M, signaling decreasing performance

ROIC 1.35% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Forward Industries, Inc.'s 3-year revenue CAGR of -24.55% is negative, indicating declining revenue over the past 3 years

Forward Industries, Inc. had revenue growth in only 2 out of 5 years, indicating inconsistent revenue performance

Forward Industries, Inc. had positive ROE in only 1 out of 5 years, indicating inconsistent returns on equity

Forward Industries, Inc. is undervalued relative to its fair value price of 16.11 based on Discounted Cash Flow model

Forward Industries, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Forward Industries, Inc. is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Forward Industries, Inc. has negative or missing EBITDA, making EV/EBITDA ratio unreliable

Forward Industries, Inc. is overvalued relative to its fair value price of -0.05 based on Earnings Fair Value model

Forward Industries, Inc. has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Forward Industries, Inc. has a price-to-book ratio of 0.73x, which is below the 5.00x threshold, indicating reasonable valuation relative to its book value

Forward Industries, Inc. has a price-to-sales ratio of 8.98x, which exceeds the 8.00x threshold, indicating the stock may be overvalued relative to its revenue