Company / Interest Expense
Forward Industries, Inc. Interest Expense History
FY2017-FY2025 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Interest Expense
$49.1K
FY2025
5-year range
$49.1K / $172.0K
FY2021-FY2025
Trend
-21.6%
vs FY2024
Sector context
#258 of 265
Financials
What the data says
Among 265 Financials companies, Forward Industries, Inc. is in the top 3% for interest expense. Interest Expense has declined for 6 consecutive years, from $201,004 in FY2019 to $49,143 in FY2025.
Based on SEC 10-K filings.
$49,143 in FY2025 with a 5-year CAGR of -22.4%.
Improved from $104,201 to $49,143 over the past 2 years.
Financials sector context is included.
Interest Expense over time
Growth rates
- 3-Year CAGR
- -26.4%
- 5-Year CAGR
- -22.4%
- 10-Year CAGR
- -
Sector benchmark
Top 3% in FinancialsTop 3% of 265This company $49.1K Sector average $974.7M
▼
-100.0% below sector average
Key checks
Key Insights
- Forward Industries, Inc.'s interest expense has declined for 6 consecutive years.
- 5-year CAGR of -22.4%, indicating a declining trend.
- In FY2025, interest expense decreased 21.6% year-over-year.
- Ranks #258 out of 265 companies in the Financials sector.
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 | Interest ExpenseValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | $49.1K | -21.6% |
| FY2024 | $62.7K | -39.9% |
| FY2023 | $104.2K | -15.6% |
| FY2022 | $123.4K | -28.2% |
| FY2021 | $172.0K | -1.7% |
| FY2020 | $175.0K | -13.0% |
| FY2019 | $201.0K | +74.1% |
| FY2018 | $115.4K | - |
| FY2017 | $0 | - |
| FY2016 | - | - |
As of FY2025 · SEC 10-K · Updated Feb 28, 2026