Forward Quick Ratio from 2010 to 2026

FWRD Stock  USD 29.89  1.73  6.14%   
Forward Air's Quick Ratio is decreasing over the years with slightly volatile fluctuation. Quick Ratio is expected to dwindle to 1.34. Quick Ratio is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. View All Fundamentals
 
Quick Ratio  
First Reported
2010-12-31
Previous Quarter
1.41
Current Value
1.34
Quarterly Volatility
1.74012844
 
Credit Downgrade
 
Yuan Drop
 
Covid
 
Interest Hikes
Check Forward Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 173.9 M, Interest Expense of 228.5 M or Total Revenue of 3 B, as well as many indicators such as Price To Sales Ratio of 0.39, Dividend Yield of 0.0316 or PTB Ratio of 4.59. Forward financial statements analysis is a perfect complement when working with Forward Air Valuation or Volatility modules.
  
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Check out the analysis of Forward Air Correlation against competitors.
For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.
Analyzing Forward Air's Quick Ratio over time reveals critical patterns in financial health and operational efficiency. This metric helps investors evaluate trends, identify inflection points, and make informed decisions based on historical performance. Understanding how Quick Ratio has evolved provides context for assessing Forward Air's current valuation and future prospects.

Latest Forward Air's Quick Ratio Growth Pattern

Below is the plot of the Quick Ratio of Forward Air over the last few years. It is a measure of a company's ability to meet its short-term obligations with its most liquid assets. It is calculated as (current assets - inventories) divided by current liabilities. Forward Air's Quick Ratio historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Air's overall financial position and show how it may be relating to other accounts over time.
Quick Ratio10 Years Trend
Slightly volatile
   Quick Ratio   
       Timeline  

Forward Quick Ratio Regression Statistics

Arithmetic Mean2.61
Geometric Mean2.23
Coefficient Of Variation66.74
Mean Deviation1.25
Median1.73
Standard Deviation1.74
Sample Variance3.03
Range5.8433
R-Value(0.69)
Mean Square Error1.71
R-Squared0.47
Significance0
Slope(0.24)
Total Sum of Squares48.45

Forward Quick Ratio History

2026 1.34
2025 1.41
2024 1.23
2023 1.46
2022 1.8
2021 1.72
2020 1.43

About Forward Air Financial Statements

Forward Air stakeholders use historical fundamental indicators, such as Forward Air's Quick Ratio, to determine how well the company is positioned to perform in the future. Although Forward Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forward Air's assets and liabilities are reflected in the revenues and expenses on Forward Air's 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 Air. Please read more on our technical analysis and fundamental analysis pages.
Last ReportedProjected for Next Year
Quick Ratio 1.41  1.34 

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When determining whether Forward Air is a strong investment it is important to analyze Forward Air's 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 Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out the analysis of Forward Air 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 Companies Directory module to evaluate performance of over 100,000 Stocks, Funds, and ETFs against different fundamentals.
Will Air Freight & Logistics sector continue expanding? Could Forward diversify its offerings? Factors like these will boost the valuation of Forward Air. Market participants price Forward higher when confident in its future expansion prospects. Accurate valuation requires analyzing both current fundamentals and future growth trajectories. Every Forward Air data point contributes insight, yet successful analysis hinges on identifying the most consequential variables.
Quarterly Earnings Growth
1.45
Earnings Share
(4.05)
Revenue Per Share
82.656
Quarterly Revenue Growth
(0.04)
Return On Assets
0.0154
Understanding Forward Air requires distinguishing between market price and book value, where the latter reflects Forward's accounting equity. The concept of intrinsic value - what Forward Air's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Seasoned market participants apply comprehensive analytical frameworks to derive fundamental worth and identify mispriced opportunities. Market sentiment, economic cycles, and investor behavior can push Forward Air's price substantially above or below its fundamental value.
Please note, there is a significant difference between Forward Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. In contrast, Forward Air's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.