Forward Long Term Debt vs Capital Stock Analysis

FORD Stock

USD 4.07 0.14 3.56%

Forward Industries financial indicator trend analysis is much more than just examining Forward Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forward Industries is a good investment. Please check the relationship between Forward Industries Long Term Debt and its Capital Stock accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Long Term Debt vs Capital Stock

Long Term Debt vs Capital Stock Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Industries Long Term Debt account and Capital Stock. At this time, the significance of the direction appears to have strong relationship.

The correlation between Forward Industries' Long Term Debt and Capital Stock is 0.74. Overlapping area represents the amount of variation of Long Term Debt that can explain the historical movement of Capital Stock in the same time period over historical financial statements of Forward Industries, assuming nothing else is changed. The correlation between historical values of Forward Industries' Long Term Debt and Capital Stock is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Long Term Debt of Forward Industries are associated (or correlated) with its Capital Stock. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Capital Stock has no effect on the direction of Long Term Debt i.e., Forward Industries' Long Term Debt and Capital Stock go up and down completely randomly.

Correlation Coefficient

0.74

Relationship Direction	Positive
Relationship Strength	Significant

View All Relationships

Long Term Debt

Long-term debt is a debt that Forward Industries has held for over one year. Long-term debt appears on Forward Industries balance sheet and also includes long-term leases. The most common forms of long term debt are bonds payable, long-term notes payable, mortgage payable, pension liabilities, and lease liabilities. In the corporate world, long-term debt is generally used to fund big-ticket items, such as machinery, buildings, and land. The total of long-term debt reported on Forward Industries balance sheet is the sum of the balances of all categories of long-term debt. Debt that is not due within the current year and is often considered to be financing activities that are to be repaid over several years.

Capital Stock

The total amount of a company's capital funded by shareholders through the issue and subscription of shares.

Most indicators from Forward Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forward Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.At present, Forward Industries' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 156.55, whereas Selling General Administrative is forecasted to decline to about 5.6 M.

	2021	2022	2023	2024 (projected)
Gross Profit	8.4M	8.4M	9.6M	6.6M
Total Revenue	42.3M	36.7M	42.2M	28.3M

Gross Profit Total Revenue

Forward Industries fundamental ratios Correlations

	Total Assets	Short Long Term Debt Total	Other Current Liab	Total Current Liabilities	Total Stockholder Equity	Property Plant And Equipment Net	Net Debt	Retained Earnings	Accounts Payable	Cash	Non Current Assets Total	Non Currrent Assets Other	Cash And Short Term Investments	Net Receivables	Common Stock Shares Outstanding	Non Current Liabilities Total	Inventory	Other Current Assets	Other Stockholder Equity	Total Liab	Total Current Assets	Short Term Debt	Property Plant And Equipment Gross	Common Stock Total Equity	Common Stock	Other Assets
Total Assets		0.53	0.71	0.69	0.12	0.64	0.37	-0.68	-0.23	0.05	0.68	-0.59	-0.01	0.88	0.79	0.06	-0.21	0.47	0.74	0.69	0.56	-0.32	0.66	0.45	0.48	-0.64
Short Long Term Debt Total	0.53		0.42	0.48	-0.42	0.83	0.84	-0.51	-0.28	-0.52	0.79	0.03	-0.55	0.4	0.32	-0.21	-0.29	0.34	0.28	0.66	-0.26	-0.39	0.82	0.66	0.67	-0.05
Other Current Liab	0.71	0.42		0.89	-0.43	0.76	0.47	-0.78	-0.4	0.1	0.77	-0.3	-0.18	0.52	0.54	-0.22	-0.58	0.42	0.47	0.89	0.26	-0.7	0.77	0.63	0.66	-0.36
Total Current Liabilities	0.69	0.48	0.89		-0.53	0.78	0.56	-0.74	-0.18	0.04	0.81	-0.2	-0.28	0.48	0.44	0.02	-0.57	0.41	0.37	0.95	0.21	-0.57	0.78	0.64	0.66	-0.28
Total Stockholder Equity	0.12	-0.42	-0.43	-0.53		-0.6	-0.64	0.3	0.07	0.36	-0.53	-0.53	0.61	0.29	0.27	0.23	0.49	-0.21	0.31	-0.61	0.6	0.61	-0.58	-0.61	-0.61	-0.45
Property Plant And Equipment Net	0.64	0.83	0.76	0.78	-0.6		0.82	-0.72	-0.32	-0.28	0.92	-0.08	-0.53	0.42	0.39	-0.23	-0.46	0.48	0.32	0.93	-0.07	-0.7	1.0	0.7	0.73	-0.17
Net Debt	0.37	0.84	0.47	0.56	-0.64	0.82		-0.39	-0.28	-0.68	0.89	0.34	-0.87	0.28	0.06	-0.25	-0.36	0.34	0.0	0.71	-0.48	-0.68	0.81	0.72	0.72	0.27
Retained Earnings	-0.68	-0.51	-0.78	-0.74	0.3	-0.72	-0.39		0.56	-0.08	-0.68	0.6	0.13	-0.54	-0.8	0.25	0.5	-0.3	-0.77	-0.75	-0.23	0.45	-0.74	-0.41	-0.45	0.66
Accounts Payable	-0.23	-0.28	-0.4	-0.18	0.07	-0.32	-0.28	0.56		0.06	-0.39	0.29	0.2	-0.27	-0.46	0.78	0.33	0.05	-0.48	-0.24	0.11	0.34	-0.33	-0.24	-0.25	0.32
Cash	0.05	-0.52	0.1	0.04	0.36	-0.28	-0.68	-0.08	0.06		-0.36	-0.56	0.84	-0.1	0.17	0.09	-0.12	-0.23	0.17	-0.11	0.73	0.41	-0.27	-0.49	-0.49	-0.54
Non Current Assets Total	0.68	0.79	0.77	0.81	-0.53	0.92	0.89	-0.68	-0.39	-0.36		-0.02	-0.62	0.52	0.4	-0.29	-0.54	0.41	0.33	0.91	-0.12	-0.73	0.92	0.76	0.77	-0.1
Non Currrent Assets Other	-0.59	0.03	-0.3	-0.2	-0.53	-0.08	0.34	0.6	0.29	-0.56	-0.02		-0.54	-0.59	-0.86	-0.09	0.03	-0.05	-0.87	-0.12	-0.79	-0.18	-0.11	0.24	0.2	0.99
Cash And Short Term Investments	-0.01	-0.55	-0.18	-0.28	0.61	-0.53	-0.87	0.13	0.2	0.84	-0.62	-0.54		-0.09	0.18	0.16	0.13	-0.24	0.22	-0.41	0.69	0.66	-0.52	-0.52	-0.52	-0.5
Net Receivables	0.88	0.4	0.52	0.48	0.29	0.42	0.28	-0.54	-0.27	-0.1	0.52	-0.59	-0.09		0.79	0.17	-0.14	0.22	0.76	0.45	0.48	-0.27	0.44	0.35	0.38	-0.61
Common Stock Shares Outstanding	0.79	0.32	0.54	0.44	0.27	0.39	0.06	-0.8	-0.46	0.17	0.4	-0.86	0.18	0.79		-0.07	-0.23	0.2	0.99	0.41	0.52	-0.16	0.42	0.24	0.28	-0.87
Non Current Liabilities Total	0.06	-0.21	-0.22	0.02	0.23	-0.23	-0.25	0.25	0.78	0.09	-0.29	-0.09	0.16	0.17	-0.07		0.38	0.08	-0.09	-0.11	0.39	0.33	-0.22	-0.27	-0.26	-0.07
Inventory	-0.21	-0.29	-0.58	-0.57	0.49	-0.46	-0.36	0.5	0.33	-0.12	-0.54	0.03	0.13	-0.14	-0.23	0.38		0.36	-0.18	-0.54	0.16	0.4	-0.42	-0.52	-0.5	0.08
Other Current Assets	0.47	0.34	0.42	0.41	-0.21	0.48	0.34	-0.3	0.05	-0.23	0.41	-0.05	-0.24	0.22	0.2	0.08	0.36		0.17	0.49	0.14	-0.43	0.52	0.31	0.35	-0.09
Other Stockholder Equity	0.74	0.28	0.47	0.37	0.31	0.32	0.0	-0.77	-0.48	0.17	0.33	-0.87	0.22	0.76	0.99	-0.09	-0.18	0.17		0.33	0.51	-0.08	0.35	0.19	0.23	-0.88
Total Liab	0.69	0.66	0.89	0.95	-0.61	0.93	0.71	-0.75	-0.24	-0.11	0.91	-0.12	-0.41	0.45	0.41	-0.11	-0.54	0.49	0.33		0.08	-0.68	0.93	0.72	0.74	-0.21
Total Current Assets	0.56	-0.26	0.26	0.21	0.6	-0.07	-0.48	-0.23	0.11	0.73	-0.12	-0.79	0.69	0.48	0.52	0.39	0.16	0.14	0.51	0.08		0.29	-0.04	-0.33	-0.31	-0.77
Short Term Debt	-0.32	-0.39	-0.7	-0.57	0.61	-0.7	-0.68	0.45	0.34	0.41	-0.73	-0.18	0.66	-0.27	-0.16	0.33	0.4	-0.43	-0.08	-0.68	0.29		-0.7	-0.67	-0.69	-0.14
Property Plant And Equipment Gross	0.66	0.82	0.77	0.78	-0.58	1.0	0.81	-0.74	-0.33	-0.27	0.92	-0.11	-0.52	0.44	0.42	-0.22	-0.42	0.52	0.35	0.93	-0.04	-0.7		0.69	0.72	-0.2
Common Stock Total Equity	0.45	0.66	0.63	0.64	-0.61	0.7	0.72	-0.41	-0.24	-0.49	0.76	0.24	-0.52	0.35	0.24	-0.27	-0.52	0.31	0.19	0.72	-0.33	-0.67	0.69		1.0	0.18
Common Stock	0.48	0.67	0.66	0.66	-0.61	0.73	0.72	-0.45	-0.25	-0.49	0.77	0.2	-0.52	0.38	0.28	-0.26	-0.5	0.35	0.23	0.74	-0.31	-0.69	0.72	1.0		0.14
Other Assets	-0.64	-0.05	-0.36	-0.28	-0.45	-0.17	0.27	0.66	0.32	-0.54	-0.1	0.99	-0.5	-0.61	-0.87	-0.07	0.08	-0.09	-0.88	-0.21	-0.77	-0.14	-0.2	0.18	0.14

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Forward Industries Account Relationship Matchups

Forward Industries fundamental ratios Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	19.4M	19.9M	20.9M	17.4M	20.0M	17.5M
Short Long Term Debt Total	7.8M	5.5M	5.0M	4.3M	5.0M	3.3M
Other Current Liab	4.3M	5.9M	8.5M	9.2M	10.6M	11.1M
Total Current Liabilities	8.8M	7.2M	10.0M	10.8M	12.5M	13.1M
Total Stockholder Equity	6.6M	7.4M	6.3M	2.6M	3.0M	2.9M
Property Plant And Equipment Net	3.7M	3.9M	3.7M	3.3M	3.8M	4.0M
Net Debt	4.8M	4.1M	2.5M	1.2M	1.3M	1.4M
Retained Earnings	(13.1M)	(12.6M)	(13.9M)	(17.7M)	(15.9M)	(15.1M)
Accounts Payable	197.0K	392.0K	268.2K	518.9K	467.0K	443.7K
Cash	2.9M	1.4M	2.6M	3.2M	3.7M	7.2M
Non Current Assets Total	7.1M	7.1M	6.6M	6.0M	6.9M	7.3M
Non Currrent Assets Other	255.0K	116.7K	72.3K	68.7K	79.0K	83.0K
Cash And Short Term Investments	2.9M	1.4M	2.6M	3.2M	3.7M	3.5M
Net Receivables	7.6M	8.8M	7.5M	7.0M	8.0M	5.8M
Common Stock Shares Outstanding	9.5M	9.6M	10.4M	10.1M	11.6M	8.1M
Liabilities And Stockholders Equity	19.4M	19.9M	20.9M	17.4M	20.0M	17.5M
Non Current Liabilities Total	3.9M	5.2M	4.7M	3.9M	3.5M	3.4M
Inventory	1.3M	2.1M	3.8M	334.4K	384.5K	365.3K
Other Current Assets	419.5K	805.1K	3.5M	886.6K	1.0M	741.5K
Other Stockholder Equity	19.6M	19.9M	20.1M	20.2M	23.2M	14.7M
Total Liab	12.8M	12.4M	14.7M	14.8M	17.0M	17.8M
Total Current Assets	12.2M	12.8M	14.3M	11.4M	13.1M	15.4M
Short Term Debt	3.9M	681.8K	755.9K	832.1K	956.9K	909.1K
Property Plant And Equipment Gross	3.7M	3.9M	4.0M	3.3M	3.8M	4.0M
Other Assets	255.0K	738.0	72.3K	47.0	42.3	40.19
Property Plant Equipment	243.0K	215.3K	3.9M	3.7M	4.2M	4.4M
Current Deferred Revenue	485.1K	187.7K	438.9K	297.4K	342.0K	359.1K
Net Tangible Assets	4.3M	3.3M	4.4M	3.4M	3.1M	2.9M
Intangible Assets	1.5M	1.3M	1.1M	893.1K	1.0M	635.4K

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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:

How To Invest In Forward

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Is Forward Stock a good investment?

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What is Forward Industries' Net Worth?

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Largest Apparel, Accessories & Luxury Goods Companies

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Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in metropolitan statistical area.

For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

You can also try the Performance Analysis module to check effects of mean-variance optimization against your current asset allocation.

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.

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Forward Long Term Debt vs Capital Stock Analysis

Long Term Debt vs Capital Stock

Long Term Debt vs Capital Stock Correlation Analysis

Correlation Coefficient

Long Term Debt

Capital Stock

Forward Industries fundamental ratios Correlations

Forward Industries Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Forward Industries fundamental ratios Accounts

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COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Property Plant And Equipment Gross	+ 1.0	Property Plant And Equipment Net
Common Stock	+ 1.0	Common Stock Total Equity
Other Assets	+ 0.99	Non Currrent Assets Other
Other Stockholder Equity	+ 0.99	Common Stock Shares Outstanding
Total Liab	+ 0.95	Total Current Liabilities
Total Liab	+ 0.93	Property Plant And Equipment Net

Other Assets	- 0.88	Other Stockholder Equity
Other Assets	- 0.87	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.87	Non Currrent Assets Other
Cash And Short Term Investments	- 0.87	Net Debt
Common Stock Shares Outstanding	- 0.86	Non Currrent Assets Other
Common Stock Shares Outstanding	- 0.8	Retained Earnings