Company / Working Capital
FORGE INNOVATION DEVELOPMENT CORP. Working Capital History
FY2017-FY2024 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Working Capital
-$1.2M
FY2024
5-year range
-$1.2M / $117.8K
FY2020-FY2024
Trend
-143.6%
vs FY2023
Sector context
Sector data unavailable
Latest sector comparison
What the data says
Working Capital has declined for 6 consecutive years, from $761,269 in FY2018 to -$1M in FY2024.
Based on SEC 10-K filings.
-$1M in FY2024.
Declined from -$140,204 to -$1M over the past 2 years.
Working Capital over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Key checks
Key Insights
- FORGE INNOVATION DEVELOPMENT CORP.'s working capital has declined for 6 consecutive years.
- In FY2024, working capital decreased 143.6% year-over-year.
- Peak working capital was recorded in FY2018.
Company context
Key Data Points
- Altman Z-Score -0.35 (distress zone, below 1.8 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Working CapitalValue | YoY GrowthYoY |
|---|---|---|
| FY2024 | -$1.2M | -143.6% |
| FY2023 | -$482.1K | -243.9% |
| FY2022 | -$140.2K | -46.5% |
| FY2021 | -$95.7K | -181.3% |
| FY2020 | $117.8K | -72.0% |
| FY2019 | $420.2K | -44.8% |
| FY2018 | $761.3K | +9.0% |
| FY2017 | $698.1K | - |
As of FY2024 · SEC 10-K · Updated Jun 29, 2026