Forward Common Stock Shares Outstanding vs Short Long Term Debt Total Analysis

FORD Stock  USD 4.06  0.13  3.31%   
Forward Industries financial indicator trend analysis is much more than just examining Forward Industries latest accounting drivers to predict future trends. We encourage investors to analyze account correlations over time for multiple indicators to determine whether Forward Industries is a good investment. Please check the relationship between Forward Industries Common Stock Shares Outstanding and its Short Long Term Debt Total accounts. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. 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.

Common Stock Shares Outstanding vs Short Long Term Debt Total

Common Stock Shares Outstanding vs Short Long Term Debt Total Correlation Analysis

The overlapping area represents the amount of trend that can be explained by analyzing historical patterns of Forward Industries Common Stock Shares Outstanding account and Short Long Term Debt Total. At this time, the significance of the direction appears to have weak relationship.
The correlation between Forward Industries' Common Stock Shares Outstanding and Short Long Term Debt Total is 0.32. Overlapping area represents the amount of variation of Common Stock Shares Outstanding that can explain the historical movement of Short Long Term Debt Total in the same time period over historical financial statements of Forward Industries, assuming nothing else is changed. The correlation between historical values of Forward Industries' Common Stock Shares Outstanding and Short Long Term Debt Total is a relative statistical measure of the degree to which these accounts tend to move together. The correlation coefficient measures the extent to which Common Stock Shares Outstanding of Forward Industries are associated (or correlated) with its Short Long Term Debt Total. Values of the correlation coefficient range from -1 to +1, where. The correlation of zero (0) is possible when Short Long Term Debt Total has no effect on the direction of Common Stock Shares Outstanding i.e., Forward Industries' Common Stock Shares Outstanding and Short Long Term Debt Total go up and down completely randomly.

Correlation Coefficient

0.32
Relationship DirectionPositive 
Relationship StrengthVery Weak

Common Stock Shares Outstanding

The total number of shares of a company's common stock that are currently owned by all its shareholders.

Short Long Term Debt Total

Most indicators from Forward Industries' fundamental ratios are interrelated and interconnected. However, analyzing fundamental ratios indicators one by one will only give a small insight into Forward Industries current financial condition. On the other hand, looking into the entire matrix of fundamental ratios indicators, 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 Industries. 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 Industries' Tax Provision is projected to increase significantly based on the last few years of reporting. The current year's Enterprise Value Over EBITDA is expected to grow to 156.55, whereas Selling General Administrative is forecasted to decline to about 5.6 M.
 2021 2022 2023 2024 (projected)
Gross Profit8.4M8.4M9.6M6.6M
Total Revenue42.3M36.7M42.2M28.3M

Forward Industries fundamental ratios Correlations

0.530.70.690.120.640.37-0.68-0.230.050.68-0.59-0.010.880.790.06-0.210.470.740.690.560.180.660.450.48-0.64
0.530.410.48-0.420.830.84-0.51-0.28-0.520.790.03-0.550.40.32-0.21-0.290.340.280.66-0.260.050.820.660.67-0.05
0.70.410.89-0.440.760.46-0.78-0.390.110.76-0.29-0.180.510.53-0.21-0.590.40.460.890.250.590.770.630.66-0.36
0.690.480.89-0.530.780.56-0.74-0.180.040.81-0.2-0.280.480.440.02-0.570.410.370.950.210.680.780.640.66-0.28
0.12-0.42-0.44-0.53-0.6-0.640.30.070.36-0.53-0.530.610.290.270.230.49-0.210.31-0.610.6-0.51-0.58-0.61-0.61-0.45
0.640.830.760.78-0.60.82-0.72-0.32-0.280.92-0.08-0.530.420.39-0.23-0.460.480.320.93-0.070.371.00.70.73-0.17
0.370.840.460.56-0.640.82-0.39-0.28-0.680.890.34-0.870.280.06-0.25-0.360.340.00.71-0.480.030.810.720.720.27
-0.68-0.51-0.78-0.740.3-0.72-0.390.56-0.08-0.680.60.13-0.54-0.80.250.5-0.3-0.77-0.75-0.23-0.56-0.74-0.41-0.450.66
-0.23-0.28-0.39-0.180.07-0.32-0.280.560.06-0.390.290.2-0.27-0.460.780.330.05-0.48-0.240.11-0.06-0.33-0.24-0.250.32
0.05-0.520.110.040.36-0.28-0.68-0.080.06-0.36-0.560.84-0.10.170.09-0.12-0.230.17-0.110.730.46-0.27-0.49-0.49-0.54
0.680.790.760.81-0.530.920.89-0.68-0.39-0.36-0.02-0.620.520.4-0.29-0.540.410.330.91-0.120.290.920.760.77-0.1
-0.590.03-0.29-0.2-0.53-0.080.340.60.29-0.56-0.02-0.54-0.59-0.86-0.090.03-0.05-0.87-0.12-0.79-0.23-0.110.240.20.99
-0.01-0.55-0.18-0.280.61-0.53-0.870.130.20.84-0.62-0.54-0.090.180.160.13-0.240.22-0.410.690.16-0.52-0.52-0.52-0.5
0.880.40.510.480.290.420.28-0.54-0.27-0.10.52-0.59-0.090.790.17-0.140.220.760.450.480.010.440.350.38-0.61
0.790.320.530.440.270.390.06-0.8-0.460.170.4-0.860.180.79-0.07-0.230.20.990.410.520.240.420.240.28-0.87
0.06-0.21-0.210.020.23-0.23-0.250.250.780.09-0.29-0.090.160.17-0.070.380.08-0.09-0.110.390.0-0.22-0.27-0.26-0.07
-0.21-0.29-0.59-0.570.49-0.46-0.360.50.33-0.12-0.540.030.13-0.14-0.230.380.36-0.18-0.540.16-0.72-0.42-0.52-0.50.08
0.470.340.40.41-0.210.480.34-0.30.05-0.230.41-0.05-0.240.220.20.080.360.170.490.14-0.120.520.310.35-0.09
0.740.280.460.370.310.320.0-0.77-0.480.170.33-0.870.220.760.99-0.09-0.180.170.330.510.220.350.190.23-0.88
0.690.660.890.95-0.610.930.71-0.75-0.24-0.110.91-0.12-0.410.450.41-0.11-0.540.490.330.080.570.930.720.74-0.21
0.56-0.260.250.210.6-0.07-0.48-0.230.110.73-0.12-0.790.690.480.520.390.160.140.510.080.18-0.04-0.33-0.31-0.77
0.180.050.590.68-0.510.370.03-0.56-0.060.460.29-0.230.160.010.240.0-0.72-0.120.220.570.180.350.30.3-0.29
0.660.820.770.78-0.581.00.81-0.74-0.33-0.270.92-0.11-0.520.440.42-0.22-0.420.520.350.93-0.040.350.690.72-0.2
0.450.660.630.64-0.610.70.72-0.41-0.24-0.490.760.24-0.520.350.24-0.27-0.520.310.190.72-0.330.30.691.00.18
0.480.670.660.66-0.610.730.72-0.45-0.25-0.490.770.2-0.520.380.28-0.26-0.50.350.230.74-0.310.30.721.00.14
-0.64-0.05-0.36-0.28-0.45-0.170.270.660.32-0.54-0.10.99-0.5-0.61-0.87-0.070.08-0.09-0.88-0.21-0.77-0.29-0.20.180.14
Click cells to compare fundamentals

Forward Industries Account Relationship Matchups

Forward Industries fundamental ratios Accounts

201920202021202220232024 (projected)
Total Assets19.4M19.9M20.9M17.4M20.0M17.5M
Short Long Term Debt Total7.8M5.5M5.0M4.3M5.0M3.3M
Other Current Liab4.3M5.9M8.5M9.6M11.0M11.6M
Total Current Liabilities8.8M7.2M10.0M10.8M12.5M13.1M
Total Stockholder Equity6.6M7.4M6.3M2.6M3.0M2.9M
Property Plant And Equipment Net3.7M3.9M3.7M3.3M3.8M4.0M
Net Debt4.8M4.1M2.5M1.2M1.3M1.4M
Retained Earnings(13.1M)(12.6M)(13.9M)(17.7M)(15.9M)(15.1M)
Accounts Payable197.0K392.0K268.2K518.9K467.0K443.7K
Cash2.9M1.4M2.6M3.2M3.7M7.2M
Non Current Assets Total7.1M7.1M6.6M6.0M6.9M7.3M
Non Currrent Assets Other255.0K116.7K72.3K68.7K79.0K83.0K
Cash And Short Term Investments2.9M1.4M2.6M3.2M3.7M3.5M
Net Receivables7.6M8.8M7.5M7.0M8.0M5.8M
Common Stock Shares Outstanding9.5M9.6M10.4M10.1M11.6M8.1M
Liabilities And Stockholders Equity19.4M19.9M20.9M17.4M20.0M17.5M
Non Current Liabilities Total3.9M5.2M4.7M3.9M3.5M3.4M
Inventory1.3M2.1M3.8M334.4K384.5K365.3K
Other Current Assets419.5K805.1K3.5M886.6K1.0M741.5K
Other Stockholder Equity19.6M19.9M20.1M20.2M23.2M14.7M
Total Liab12.8M12.4M14.7M14.8M17.0M17.8M
Total Current Assets12.2M12.8M14.3M11.4M13.1M15.4M
Short Term Debt3.9M681.8K755.9K8.7M10.0M10.5M
Property Plant And Equipment Gross3.7M3.9M4.0M3.3M3.8M4.0M
Other Assets255.0K738.072.3K47.042.340.19
Property Plant Equipment243.0K215.3K3.9M3.7M4.2M4.4M
Current Deferred Revenue485.1K187.7K438.9K297.4K342.0K359.1K
Net Tangible Assets4.3M3.3M4.4M3.4M3.1M2.9M
Intangible Assets1.5M1.3M1.1M893.1K1.0M635.4K

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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.
When determining whether Forward Industries is a strong investment it is important to analyze Forward Industries' 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 Industries' future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Forward Industries. 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.
You can also try the Idea Breakdown module to analyze constituents of all Macroaxis ideas. Macroaxis investment ideas are predefined, sector-focused investing themes.
Is Apparel, Accessories & Luxury Goods 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 Industries. 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 Industries 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
(0.85)
Earnings Share
(0.91)
Revenue Per Share
31.168
Quarterly Revenue Growth
(0.09)
Return On Assets
(0.04)
The market value of Forward Industries 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 Industries' value that differs from its market value or its book value, called intrinsic value, which is Forward Industries' 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 Industries' market value can be influenced by many factors that don't directly affect Forward Industries' 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 Industries' value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Industries is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Industries' 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.