Company / Shareholders' Equity
Forward Industries, Inc. Shareholders' Equity History
FY2016-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Shareholders' Equity
$1.5B
FY2025
5-year range
$2.6M / $1.5B
FY2021-FY2025
Trend
+49448.6%
vs FY2024
Sector context
#236 of 395
Financials
What the data says
Shareholders' Equity changed +49449% YoY in FY2025, a notable deviation from the 9-year average annual change of +5488%.
Based on SEC 10-K filings.
$1.5B in FY2025 with a 5-year CAGR of +195.0%.
Improved from $3M to $1.5B over the past 2 years.
Financials sector context is included.
Shareholders' Equity over time
Growth rates
- 3-Year CAGR
- +516.8%
- 5-Year CAGR
- +195.0%
- 10-Year CAGR
- -
Sector benchmark
#236 of 395 in FinancialsTop 60% of 395This company $1.5B Sector average $11.3B
▼
-87.0% below sector average
Key checks
Key Insights
- 5-year CAGR of +195.0%, indicating consistent growth.
- In FY2025, shareholders' equity increased 49448.6% year-over-year.
- Ranks #236 out of 395 companies in the Financials sector.
- Lowest shareholders' equity in the period was in FY2023.
Company context
Key Data Points
- Altman Z-Score 128.18 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Shareholders' EquityValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $1.5B | +49448.6% |
| FY2024 | $3.0M | +13.4% |
| FY2023 | $2.6M | -58.2% |
| FY2022 | $6.3M | -15.8% |
| FY2021 | $7.4M | +13.1% |
| FY2020 | $6.6M | -14.6% |
| FY2019 | $7.7M | -30.5% |
| FY2018 | $11.1M | +24.3% |
| FY2017 | $8.9M | +9.3% |
| FY2016 | $8.2M | +11.5% |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026