Company / Total Debt
Forward Industries, Inc. Total Debt History
FY2017-FY2020 · Annual data · Source: SEC filings
At a glance
Latest annual filing availableLatest Total Debt
$1.5M
FY2020
5-year range
-
FY2017-FY2020
Trend
+2700.5%
vs FY2019
Sector context
#194 of 198
Financials
What the data says
Total Debt changed +2700% YoY in FY2020, a notable deviation from the 2-year average annual change of +1312%.
Based on SEC 10-K filings.
$2M in FY2020.
Increased from $224,377 to $2M over the past 2 years.
Financials sector context is included.
Total Debt over time
Growth rates
- 3-Year CAGR
- -
- 5-Year CAGR
- -
- 10-Year CAGR
- -
Sector benchmark
Top 2% in FinancialsTop 2% of 198This company $1.5M Sector average $11.0B
▼
-100.0% below sector average
Key checks
Key Insights
- In FY2020, total debt increased 2700.5% year-over-year.
- Ranks #194 out of 198 companies in the Financials sector.
Company context
Key Data Points
- Altman Z-Score 128.07 (safe zone, above 2.9 threshold)
- High earnings quality (cash-backed earnings)
Data sourced from SEC EDGAR filings. Not investment advice.
Annual data
| Year | Total DebtValue | YoY GrowthYoY |
|---|---|---|
| FY2025 | - | - |
| FY2024 | - | - |
| FY2023 | - | - |
| FY2022 | - | - |
| FY2021 | - | - |
| FY2020 | $1.5M | +2700.5% |
| FY2019 | $54.0K | -75.9% |
| FY2018 | $224.4K | - |
| FY2017 | $0 | - |
| FY2016 | - | - |
As of FY2020 · SEC 10-K · Updated Jun 30, 2026