Debt to Equity Ratio Analysis of Forward Air Corporation - Deep Dive
Birds's Eye
Fundamentals
Fundamentals
Technicals
MovingAverage
Candlestick
PivotPointLatest FY Debt to Equity
Period Ending - Dec-23
Poor Debt to Equity
2.42
Period Ending - Dec-22
Excellent Debt to Equity
0.231
Growth
947.98 %
Most recent Quarter Debt to Equity
Period Ending - Mar-24
Not Good Debt to Equity
1.93
Debt to Equity Analysis of Forward Air Corporation
| Debt to Equity Ratio of FWRD rose handsomely by 947.98 % this year. |
| Debt to Equity Ratio with value of 2.42 was highest in Year Dec-23 in last Five Years. |
| Debt to Equity Ratio with value of 0.207 was lowest in Year Dec-19 in last Five Years. |
| Latest Debt to Equity Ratio with value of 2.42 is Greater than Average Debt to Equity of 0.702 in last five years. |
Other Debt to Equity Related Info of FWRD that may interest you.
Forward Air Corporation Overview
| Code | Price | Previous Price | Price Change | Sector |
|---|---|---|---|---|
| FWRD | 16.8 | 16.74 | 0.358 % | Integrated Freight & Logistics |
Defination of Debt to Equity Ratio
Debt to Equity Ratio shows the relationship between the company's total debt and total shareholders fund. And it indicates the ability of a company's shareholders' equity to pay its debt obligations in a tough time. more ..
Debt to Equity Related Ratios
| ShortTermDebtToEquityRatio | DividendCoverageRatio | CurrentRatio |
Tsr Stability Index
| Poor Stability Stock | |
FY - Historical Debt to Equity Ratio of Forward Air Corporation
| Period | Dec-23 | Dec-22 | Dec-21 | Dec-20 | Dec-19 | Dec-18 | Dec-17 |
|---|---|---|---|---|---|---|---|
| Debt to Equity | 2.42 | 0.231 | 0.368 | 0.288 | 0.207 | 0.086 | 0.076 |
| Change | 947.98 % | -37.37 % | 27.69 % | 39.47 % | 140.44 % | 13.08 % | 32.11 % |
FY Chart of Debt to Equity Ratio of Forward Air Corporation
Note : All Data Generated at the End of Trading Hours (EOD Data)