Forward Industries, Inc.

FORDNASDAQConsumer Cyclical

$9.12

+$0.19(+2.13%)

Market Cap$15673513

P/E Ratio—

52W High$46

52W Low$3.32

Avg Volume635K

Open$8.75

Beta0.52

Cash on Hand Financials Revenue

Forward Industries, Inc. (FORD) Cash on Hand — Cash & Short-Term Investments

Cash & cash equivalents plus short-term investments from the balance sheet, YoY change, and net cash vs debt context.

FORD · cash on hand · updated Sep 30, 2025

Core cash position

as of Sep 30, 2025

Cash & Short-Term Investments (CCE + ST Investments)

$38.2M▲ +1162.8% vs prior year

FY · as of Sep 30, 2025 · Reported in USD

Cash & Cash Equiv. (CCE)

$38.2M

cashAndCashEquivalents

Short-Term Investments

shortTermInvestments

YoY Change vs Prior Year

+1162.8%

vs prior fiscal year

Latest Quarter

$16.6M

Q1 2026

Data Scope & Methodology

Cash on Hand = Cash & Cash Equivalents (CCE) + Short-Term Investments, as reported on the balance sheet (10-K/10-Q). Also referred to as cash reserves or cash position. Not free cash flow.

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · Reported in USD

Source: FMP /balance-sheet-statement · SEC 10-K / 10-Q · USDUpdated: September 30, 2025

Net cash vs debt

Cash vs Debt · Balance Sheet Health

Cash & ST Investments$38.2MCash on Hand

Total Debt$2.5MTotal Debt

Net Cash / Net Debt+$35.6MNet Cash Position

Cash vs Debt Ratio

Cash 94%Forward Industries, Inc. cash as % of market cap: 243.51%% · MCap $0BDebt 6%

Forward Industries, Inc. has a net cash position of $35.6M, holding more cash than debt.

Net Cash = Cash & ST Investments − Total Debt$38.2M − $2.5M = +$35.6M

Cash on hand history

annual cash on hand trend · Cash & Short-Term Investments

YoY Increase

YoY Decrease

Latest Year

FORD annual cash on hand history · Cash & Short-Term Investments · Source: FMP /balance-sheet-statement

Annual cash on hand by year

FORD cash & short-term investments history

DatePeriodCash & ST InvestmentsYoY Change

Sep 30, 2025LatestFY$38.2M+1162.8%

Sep 30, 2024FY$3.0M-5.0%

Sep 30, 2023FY$3.2M+23.5%

Sep 30, 2022FY$2.6M+82.6%

Sep 30, 2021FY$1.4M-51.8%

FORD cash on hand annual historical data · Cash & Short-Term Investments per balance sheet (10-K/10-Q) · Reported in USD · Source: FMP /balance-sheet-statement

Consumer Cyclical Sector Cash Reserves Comparison

FORD vs peers · cash on hand

#CompanyCash & ST Inv.Market CapCash/MCapRelative

Alibaba Group Holding Limited

Forward Industries, Inc.YOU

FORD

$38.2M$16M243.5%

Consumer Cyclical sector cash reserves · Source: FMP /balance-sheet-statement + /profile · Sorted by Cash desccompanies with most cash on hand →

About cash on hand & methodology

Forward Industries, Inc. (FORD) cash on hand as of September 30, 2025 is $38.2M, comprising $38.2M in cash and cash equivalents (CCE) plus $0 in short-term investments — reported as Forward Industries, Inc. cash and short-term investments on the balance sheet (10-K filing). Also referred to as Forward Industries, Inc. cash reserves or cash position.

Forward Industries, Inc. annual cash on hand history shows increased +1162.8% in 2025: increased +1162.8% in 2025. Forward Industries, Inc. cash reserves in 2025 reflect the company's capital allocation strategy.

Forward Industries, Inc. carries total debt of $2.5M against cash of $38.2M, resulting in a net cash position of +$35.6M. For the full balance sheet, see the Financials → Balance Sheet tab.

Figures tie to SEC 10-K/10-Q balance sheet disclosures and FMP /balance-sheet-statement where noted.

Financial statements Free cash flow Net income Revenue Market cap P/E ratio Earnings Price history

Frequently asked questions

FORD cash on hand · 5 questions

As of September 30, 2025, Forward Industries, Inc. (FORD) has $38,166,973 in cash on hand — defined as cash and short-term investments on the balance sheet. This includes $38,166,973 in cash and cash equivalents (CCE) plus $0 in short-term investments. Latest quarter (March 31, 2026): $16,633,010. Data sourced from the annual 10-K filing via FMP.

FORD cash on handFORD cash reservesFORD cash 2025how much cash does FORD have

▸ Source: FMP /balance-sheet-statement · US GAAP · Forward Industries, Inc. · Forward Industries, Inc. SEC 10-K & 10-Q filings · US GAAP · Last updated: September 30, 2025