Forward Historical Balance Sheet

FWRD Stock

USD 35.44 0.44 1.23%

Trend analysis of Forward Air balance sheet accounts such as Other Current Liabilities of 62.1 M or Total Current Liabilities of 248.9 M provides information on Forward Air's total assets, liabilities, and equity, which is the actual value of Forward Air to its prevalent stockholders. By breaking down trends over time using Forward Air balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.

Cash Flow Balance Sheet Income Statement

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Financial Statement Analysis is much more than just reviewing and examining Forward Air latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Forward Air is a good buy for the upcoming year.

Forward Air Inventory

1.09

Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Air. 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.

About Forward Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Forward Air at a specified time, usually calculated after every quarter, six months, or one year. Forward Air Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Forward Air and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Forward currently owns. An asset can also be divided into two categories, current and non-current.

Forward Air Balance Sheet Chart

At present, Forward Air's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 62.1 M, whereas Inventory is forecasted to decline to 1.09.

Total Assets Short Long Term Debt Total Other Current Liab Total Current Liabilities Short Term Debt Short Long Term Debt

Add Fundamental

Total Assets

Total assets refers to the total amount of Forward Air assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Forward Air books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Forward Air balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Forward Air are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.

Short Long Term Debt

The total of a company's short-term and long-term borrowings.

Most accounts from Forward Air's balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Forward Air current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, 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 Air. 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 Air's Short and Long Term Debt Total is projected to increase significantly based on the last few years of reporting. The current year's Other Current Liabilities is expected to grow to about 62.1 M, whereas Inventory is forecasted to decline to 1.09.

	2021	2022	2023	2024 (projected)
Short and Long Term Debt Total	320.1M	277.8M	1.9B	2.0B
Total Assets	1.1B	1.2B	3.0B	3.1B

Short Long Term Debt Total Total Assets

Forward Air balance sheet 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	Property Plant And Equipment Gross	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock Total Equity	Common Stock
Total Assets		0.97	0.73	0.9	0.8	0.75	0.97	0.75	0.76	0.56	1.0	0.94	0.56	0.32	-0.01	0.98	-0.05	0.83	0.08	0.99	0.96	0.84	0.78	0.29	0.26	0.14
Short Long Term Debt Total	0.97		0.63	0.81	0.65	0.61	1.0	0.62	0.62	0.6	0.98	0.99	0.6	0.13	-0.09	1.0	-0.12	0.74	-0.08	1.0	0.91	0.73	0.72	0.17	0.13	0.0
Other Current Liab	0.73	0.63		0.73	0.79	0.64	0.64	0.72	0.78	0.21	0.72	0.59	0.21	0.46	0.06	0.64	0.11	0.8	0.43	0.66	0.67	0.7	0.54	0.26	0.29	0.21
Total Current Liabilities	0.9	0.81	0.73		0.85	0.92	0.82	0.73	0.91	0.36	0.89	0.73	0.36	0.58	-0.08	0.83	0.17	0.94	0.15	0.86	0.9	0.88	0.94	0.57	0.25	0.16
Total Stockholder Equity	0.8	0.65	0.79	0.85		0.9	0.65	0.95	0.9	0.36	0.78	0.59	0.36	0.7	0.31	0.67	0.03	0.82	0.53	0.7	0.81	0.9	0.7	0.45	0.63	0.56
Property Plant And Equipment Net	0.75	0.61	0.64	0.92	0.9		0.62	0.78	0.94	0.29	0.72	0.5	0.29	0.77	0.01	0.63	0.13	0.87	0.29	0.67	0.78	0.9	0.83	0.7	0.39	0.33
Net Debt	0.97	1.0	0.64	0.82	0.65	0.62		0.61	0.63	0.55	0.98	0.99	0.55	0.14	-0.11	1.0	-0.11	0.74	-0.06	1.0	0.91	0.72	0.72	0.17	0.11	-0.02
Retained Earnings	0.75	0.62	0.72	0.73	0.95	0.78	0.61		0.77	0.5	0.73	0.58	0.5	0.57	0.49	0.63	-0.08	0.72	0.49	0.65	0.75	0.87	0.55	0.28	0.77	0.7
Accounts Payable	0.76	0.62	0.78	0.91	0.9	0.94	0.63	0.77		0.22	0.74	0.52	0.22	0.79	-0.03	0.64	0.14	0.92	0.37	0.68	0.74	0.89	0.79	0.72	0.34	0.27
Cash	0.56	0.6	0.21	0.36	0.36	0.29	0.55	0.5	0.22		0.54	0.61	1.0	-0.14	0.19	0.59	-0.14	0.38	-0.29	0.58	0.54	0.63	0.29	-0.03	0.35	0.27
Non Current Assets Total	1.0	0.98	0.72	0.89	0.78	0.72	0.98	0.73	0.74	0.54		0.96	0.54	0.28	-0.02	0.99	-0.06	0.8	0.07	0.99	0.96	0.81	0.77	0.26	0.23	0.11
Non Currrent Assets Other	0.94	0.99	0.59	0.73	0.59	0.5	0.99	0.58	0.52	0.61	0.96		0.61	0.02	-0.05	0.99	-0.14	0.64	-0.09	0.98	0.88	0.66	0.63	0.05	0.13	-0.01
Cash And Short Term Investments	0.56	0.6	0.21	0.36	0.36	0.29	0.55	0.5	0.22	1.0	0.54	0.61		-0.14	0.19	0.59	-0.14	0.38	-0.29	0.58	0.54	0.63	0.29	-0.03	0.35	0.27
Net Receivables	0.32	0.13	0.46	0.58	0.7	0.77	0.14	0.57	0.79	-0.14	0.28	0.02	-0.14		0.02	0.15	0.19	0.59	0.64	0.2	0.34	0.6	0.53	0.76	0.45	0.41
Common Stock Shares Outstanding	-0.01	-0.09	0.06	-0.08	0.31	0.01	-0.11	0.49	-0.03	0.19	-0.02	-0.05	0.19	0.02		-0.09	-0.05	-0.12	0.46	-0.09	0.05	0.13	-0.16	-0.34	0.81	0.88
Non Current Liabilities Total	0.98	1.0	0.64	0.83	0.67	0.63	1.0	0.63	0.64	0.59	0.99	0.99	0.59	0.15	-0.09		-0.1	0.75	-0.06	1.0	0.92	0.75	0.72	0.19	0.14	0.01
Inventory	-0.05	-0.12	0.11	0.17	0.03	0.13	-0.11	-0.08	0.14	-0.14	-0.06	-0.14	-0.14	0.19	-0.05	-0.1		0.13	0.05	-0.07	0.15	0.06	0.26	0.36	0.04	0.07
Other Current Assets	0.83	0.74	0.8	0.94	0.82	0.87	0.74	0.72	0.92	0.38	0.8	0.64	0.38	0.59	-0.12	0.75	0.13		0.12	0.78	0.77	0.89	0.87	0.56	0.23	0.15
Other Stockholder Equity	0.08	-0.08	0.43	0.15	0.53	0.29	-0.06	0.49	0.37	-0.29	0.07	-0.09	-0.29	0.64	0.46	-0.06	0.05	0.12		-0.04	0.12	0.21	0.03	0.14	0.62	0.6
Total Liab	0.99	1.0	0.66	0.86	0.7	0.67	1.0	0.65	0.68	0.58	0.99	0.98	0.58	0.2	-0.09	1.0	-0.07	0.78	-0.04		0.94	0.77	0.76	0.23	0.15	0.02
Property Plant And Equipment Gross	0.96	0.91	0.67	0.9	0.81	0.78	0.91	0.75	0.74	0.54	0.96	0.88	0.54	0.34	0.05	0.92	0.15	0.77	0.12	0.94		0.83	0.79	0.35	0.33	0.22
Total Current Assets	0.84	0.73	0.7	0.88	0.9	0.9	0.72	0.87	0.89	0.63	0.81	0.66	0.63	0.6	0.13	0.75	0.06	0.89	0.21	0.77	0.83		0.77	0.54	0.5	0.42
Short Term Debt	0.78	0.72	0.54	0.94	0.7	0.83	0.72	0.55	0.79	0.29	0.77	0.63	0.29	0.53	-0.16	0.72	0.26	0.87	0.03	0.76	0.79	0.77		0.55	0.15	0.07
Current Deferred Revenue	0.29	0.17	0.26	0.57	0.45	0.7	0.17	0.28	0.72	-0.03	0.26	0.05	-0.03	0.76	-0.34	0.19	0.36	0.56	0.14	0.23	0.35	0.54	0.55		0.05	0.03
Common Stock Total Equity	0.26	0.13	0.29	0.25	0.63	0.39	0.11	0.77	0.34	0.35	0.23	0.13	0.35	0.45	0.81	0.14	0.04	0.23	0.62	0.15	0.33	0.5	0.15	0.05		0.98
Common Stock	0.14	0.0	0.21	0.16	0.56	0.33	-0.02	0.7	0.27	0.27	0.11	-0.01	0.27	0.41	0.88	0.01	0.07	0.15	0.6	0.02	0.22	0.42	0.07	0.03	0.98

Click cells to compare fundamentals

Forward Air Account Relationship Matchups

Forward Air balance sheet Accounts

	2019	2020	2021	2022	2023	2024 (projected)
Total Assets	990.9M	1.0B	1.1B	1.2B	3.0B	3.1B
Short Long Term Debt Total	225.8M	243.2M	320.1M	277.8M	1.9B	2.0B
Other Current Liab	5.3M	42.3M	18.7M	67.7M	59.1M	62.1M
Total Current Liabilities	137.2M	172.1M	164.7M	169.4M	237.1M	248.9M
Total Stockholder Equity	577.2M	547.3M	593.7M	707.2M	764.3M	802.5M
Property Plant And Equipment Net	364.7M	313.2M	367.3M	390.9M	369.6M	388.1M
Net Debt	161.1M	203.0M	282.8M	232.0M	1.8B	1.9B
Retained Earnings	350.0M	304.1M	334.9M	436.1M	480.3M	504.3M
Accounts Payable	30.0M	38.4M	44.8M	50.1M	45.4M	47.7M
Cash	64.7M	40.3M	37.3M	45.8M	122.0M	128.1M
Non Current Assets Total	754.6M	798.2M	835.0M	903.8M	2.6B	2.8B
Non Currrent Assets Other	41.0M	95.0M	46.3M	738K	1.8B	1.9B
Cash And Short Term Investments	64.7M	40.3M	37.3M	45.8M	122.0M	128.1M
Net Receivables	150.2M	156.5M	216.2M	188.2M	158.7M	84.0M
Common Stock Shares Outstanding	28.3M	27.7M	27.3M	26.9M	26.0M	30.8M
Liabilities And Stockholders Equity	990.9M	1.0B	1.1B	1.2B	3.0B	3.1B
Non Current Liabilities Total	276.5M	328.4M	359.5M	331.4M	2.0B	2.1B
Inventory	2.2M	2.1M	21.0M	1.0	1.15	1.09
Other Current Assets	21.4M	49.2M	51.6M	70.3M	66.4M	69.7M
Other Stockholder Equity	226.9M	242.9M	258.5M	270.9M	283.7M	164.1M
Total Liab	413.7M	500.4M	524.2M	500.8M	2.2B	2.3B
Property Plant And Equipment Gross	364.7M	380.5M	219.1M	249.1M	619.8M	650.8M
Total Current Assets	236.3M	249.5M	282.8M	304.3M	347.0M	364.4M
Short Term Debt	52.0M	91.0M	101.2M	51.6M	101.3M	106.4M
Common Stock Total Equity	279K	273K	270K	265K	304.8K	279.6K
Common Stock	279K	273K	270K	265K	257K	279.8K
Intangible Assets	127.8M	145.0M	154.7M	154.8M	134.8M	68.5M
Other Assets	41.0M	31.0M	1K	51.8M	59.6M	62.6M
Long Term Debt	67.3M	112.4M	165.0M	106.6M	1.8B	1.9B
Property Plant Equipment	213.0M	189.9M	367.3M	249.1M	286.4M	152.6M
Good Will	221.1M	245.0M	266.8M	306.2M	278.7M	292.6M
Other Liab	102.8M	130.7M	93.0M	110.1M	126.7M	133.0M
Net Tangible Assets	329.8M	272.2M	172.2M	822.0M	945.2M	992.5M
Retained Earnings Total Equity	350.0M	304.1M	334.9M	436.1M	501.5M	355.2M
Long Term Debt Total	72.2M	117.4M	155.5M	106.6M	122.6M	128.7M
Capital Surpluse	226.9M	242.9M	258.5M	270.9M	311.5M	178.9M
Capital Lease Obligations	4.9M	5.0M	148.9M	161.8M	142.7M	149.8M
Deferred Long Term Liab	43.9M	42.0M	43.4M	51.1M	58.8M	34.7M

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.

RSI	Rush Street Interactive
OKTA	Okta Inc
BAC	Bank of America

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:

How To Invest In Forward

Details

Is Forward Stock a good investment?

Details

What is Forward Air's Net Worth?

Details

Largest Air Freight & Logistics Companies

View

Largest Integrated Freight & Logistics Companies

View

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

You can also try the Investing Opportunities module to build portfolios using our predefined set of ideas and optimize them against your investing preferences.

Is Air Freight & Logistics 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 Air. 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 Air 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

1.45

Earnings Share

(29.29)

Revenue Per Share

81.783

Quarterly Revenue Growth

0.924

Return On Assets

0.0296

The market value of Forward Air 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 Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's 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 Air's market value can be influenced by many factors that don't directly affect Forward Air's 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 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. However, Forward Air's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Forward Historical Balance Sheet

Forward Air Inventory

1.09

About Forward Balance Sheet Analysis

Forward Air Balance Sheet Chart

Total Assets

Total Current Liabilities

Short Long Term Debt

Forward Air balance sheet Correlations

Forward Air Account Relationship Matchups

High Positive Relationship

High Negative Relationship

Forward Air balance sheet Accounts

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY

Non Current Assets Total	+ 1.0	Total Assets
Net Debt	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Short Long Term Debt Total
Total Liab	+ 1.0	Short Long Term Debt Total
Non Current Liabilities Total	+ 1.0	Net Debt
Total Liab	+ 1.0	Net Debt

Current Deferred Revenue	- 0.34	Common Stock Shares Outstanding
Other Stockholder Equity	- 0.29	Cash And Short Term Investments
Other Stockholder Equity	- 0.29	Cash
Short Term Debt	- 0.16	Common Stock Shares Outstanding
Inventory	- 0.14	Cash And Short Term Investments
Net Receivables	- 0.14	Cash And Short Term Investments