Financials data is unavailable for this security.
View more
Year on year Forward Industries Inc 's revenues fell -3.97%from 38.21m to 36.69m. In addition, the company has been unable to reduce the cost of goods sold, selling, general and administrative expenses and interest paid (all as a percentage of sales). This has contributed to a 171.12% reduction in net income from a loss of 1.38m to a larger loss of 3.74m.
Gross margin | 28.49% |
---|---|
Net profit margin | 2.48% |
Operating margin | 2.47% |
Return on assets | 4.02% |
---|---|
Return on equity | 23.58% |
Return on investment | 11.01% |
More ▼
Cash flow in USDView more
In 2023, Forward Industries Inc increased its cash reserves by 23.49%, or 604.95k. The company earned 1.04m from its operations for a Cash Flow Margin of 2.84%. In addition the company used 136.08k on investing activities and also paid 300.00k in financing cash flows.
Cash flow per share | 0.993 |
---|---|
Price/Cash flow per share | 3.87 |
Book value per share | 1.26 |
---|---|
Tangible book value per share | -1.00 |
More ▼
Balance sheet in USDView more
Current ratio | 0.8606 |
---|---|
Quick ratio | 0.8391 |
Total debt/total equity | 0.4315 |
---|---|
Total debt/total capital | 0.3014 |
More ▼