Forward Net Working Capital from 2010 to 2024

FORD Stock  USD 4.07  0.14  3.56%   
Forward Industries' Net Working Capital is decreasing over the years with slightly volatile fluctuation. Net Working Capital is expected to dwindle to about 456.7 K. During the period from 2010 to 2024 Forward Industries Net Working Capital annual values regression line had geometric mean of  4,026,122 and mean square error of 2.4 T. View All Fundamentals
 
Net Working Capital  
First Reported
2010-12-31
Previous Quarter
480.7 K
Current Value
456.7 K
Quarterly Volatility
3.5 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Forward Industries financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward Industries' main balance sheet or income statement drivers, such as Depreciation And Amortization of 381.5 K, Interest Expense of 89.1 K or Total Revenue of 28.3 M, as well as many indicators such as Price To Sales Ratio of 2.28, Dividend Yield of 3.0E-4 or PTB Ratio of 26.28. Forward financial statements analysis is a perfect complement when working with Forward Industries Valuation or Volatility modules.
  
Check out the analysis of Forward Industries Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Latest Forward Industries' Net Working Capital Growth Pattern

Below is the plot of the Net Working Capital of Forward Industries over the last few years. It is Forward Industries' Net Working Capital historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Industries' overall financial position and show how it may be relating to other accounts over time.
Net Working Capital10 Years Trend
Slightly volatile
   Net Working Capital   
       Timeline  

Forward Net Working Capital Regression Statistics

Arithmetic Mean5,898,679
Geometric Mean4,026,122
Coefficient Of Variation58.97
Mean Deviation3,058,027
Median7,587,442
Standard Deviation3,478,210
Sample Variance12.1T
Range8.5M
R-Value(0.90)
Mean Square Error2.4T
R-Squared0.82
Slope(703,096)
Total Sum of Squares169.4T

Forward Net Working Capital History

2024456.7 K
2023480.7 K
2022534.1 K
20214.4 M
20205.6 M
20193.4 M
20183.5 M

About Forward Industries Financial Statements

Forward Industries stakeholders use historical fundamental indicators, such as Forward Industries' Net Working Capital, to determine how well the company is positioned to perform in the future. Although Forward Industries investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forward Industries' assets and liabilities are reflected in the revenues and expenses on Forward Industries' income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forward Industries. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Net Working Capital480.7 K456.7 K

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
When determining whether Forward Industries is a strong investment it is important to analyze Forward Industries' competitive position within its industry, examining market share, product or service uniqueness, and competitive advantages. Beyond financials and market position, potential investors should also consider broader economic conditions, industry trends, and any regulatory or geopolitical factors that may impact Forward Industries' future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out the analysis of Forward Industries Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
You can also try the Content Syndication module to quickly integrate customizable finance content to your own investment portal.
Is Apparel, Accessories & Luxury Goods space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Forward Industries. If investors know Forward will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Forward Industries listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.85)
Earnings Share
(0.91)
Revenue Per Share
31.168
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.04)
The market value of Forward Industries is measured differently than its book value, which is the value of Forward that is recorded on the company's balance sheet. Investors also form their own opinion of Forward Industries' value that differs from its market value or its book value, called intrinsic value, which is Forward Industries' true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Forward Industries' market value can be influenced by many factors that don't directly affect Forward Industries' underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Forward Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Industries' price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.