Forward Net Debt from 2010 to 2024

FWRD Stock

USD 36.69 0.70 1.94%

Forward Air's Net Debt is increasing over the years with slightly volatile fluctuation. Overall, Net Debt is expected to go to about 1.9 B this year. Net Debt is the total debt of Forward Air minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. View All Fundamentals

Net Debt

First Reported

1994-03-31

Previous Quarter

2 B

Current Value

2 B

Quarterly Volatility

345.5 M

Dot-com Bubble

Housing Crash

Credit Downgrade

Yuan Drop

Covid

Check Forward Air financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Forward Air's main balance sheet or income statement drivers, such as Depreciation And Amortization of 60.3 M, Interest Expense of 33.1 M or Total Revenue of 1.4 B, as well as many indicators such as Price To Sales Ratio of 1.42, Dividend Yield of 0.0123 or PTB Ratio of 2.03. Forward financial statements analysis is a perfect complement when working with Forward Air Valuation or Volatility modules.

Check out the analysis of Forward Air Correlation against competitors.

For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

Latest Forward Air's Net Debt Growth Pattern

Below is the plot of the Net Debt of Forward Air over the last few years. It is the total debt of a company minus its cash and cash equivalents. It represents the actual debt burden on the company after accounting for the liquid assets it holds. Forward Air's Net Debt historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Forward Air's overall financial position and show how it may be relating to other accounts over time.

Net Debt

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Net Debt

Timeline

Forward Net Debt Regression Statistics

	Arithmetic Mean	294,711,913
	Geometric Mean	104,447,135
	Coefficient Of Variation	220.85
	Mean Deviation	419,930,250
	Median	37,054,000
	Standard Deviation	650,856,552
	Sample Variance	423614.3T
	Range	2B
	R-Value	0.71
	Mean Square Error	226100.1T
	R-Squared	0.50
	Significance	0
	Slope	103,359,607
	Total Sum of Squares	5930599.5T

Forward Net Debt History

	2024	1.9 B
	2023	1.8 B
	2022	232 M
	2021	282.8 M
	2020	203 M
	2019	161.1 M
	2018	22 M

Other Fundumenentals of Forward Air

Net Debt To E B I T D A

Forward Air Net Debt component correlations

	Total Assets	Total Stockholder Equity	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Total Liab	Total Current Assets	Short Term Debt	Current Deferred Revenue	Common Stock	Intangible Assets	Long Term Debt	Property Plant Equipment	Good Will	Net Tangible Assets	Long Term Debt Total	Capital Surpluse	Deferred Long Term Liab	Accumulated Depreciation	Short Long Term Debt	Net Invested Capital	Net Working Capital	Capital Stock
Total Assets		0.8	0.97	0.75	0.76	0.32	0.99	0.84	0.78	0.29	0.14	0.36	0.96	0.4	0.72	0.88	0.69	0.61	0.61	-0.43	0.08	0.96	0.31	-0.9
Total Stockholder Equity	0.8		0.65	0.95	0.9	0.7	0.7	0.9	0.7	0.45	0.56	0.72	0.61	0.7	0.92	0.69	0.61	0.85	0.85	-0.76	0.17	0.63	0.38	-0.67
Net Debt	0.97	0.65		0.61	0.63	0.14	1.0	0.72	0.72	0.17	-0.02	0.2	0.99	0.26	0.57	0.86	0.64	0.46	0.46	-0.28	0.07	0.99	0.27	-0.89
Retained Earnings	0.75	0.95	0.61		0.77	0.57	0.65	0.87	0.55	0.28	0.7	0.55	0.6	0.59	0.77	0.69	0.39	0.69	0.72	-0.57	0.19	0.61	0.38	-0.61
Accounts Payable	0.76	0.9	0.63	0.77		0.79	0.68	0.89	0.79	0.72	0.27	0.77	0.57	0.74	0.95	0.67	0.85	0.88	0.82	-0.76	0.03	0.58	0.45	-0.69
Net Receivables	0.32	0.7	0.14	0.57	0.79		0.2	0.6	0.53	0.76	0.41	0.92	0.06	0.93	0.8	0.18	0.61	0.9	0.82	-0.82	0.03	0.07	0.29	-0.14
Total Liab	0.99	0.7	1.0	0.65	0.68	0.2		0.77	0.76	0.23	0.02	0.25	0.99	0.3	0.62	0.87	0.67	0.51	0.51	-0.32	0.06	0.99	0.27	-0.9
Total Current Assets	0.84	0.9	0.72	0.87	0.89	0.6	0.77		0.77	0.54	0.42	0.53	0.69	0.63	0.79	0.77	0.71	0.73	0.71	-0.54	-0.01	0.7	0.36	-0.76
Short Term Debt	0.78	0.7	0.72	0.55	0.79	0.53	0.76	0.77		0.55	0.07	0.62	0.66	0.58	0.79	0.56	0.87	0.7	0.7	-0.53	0.26	0.66	0.07	-0.73
Current Deferred Revenue	0.29	0.45	0.17	0.28	0.72	0.76	0.23	0.54	0.55		0.03	0.65	0.09	0.62	0.6	0.21	0.73	0.67	0.56	-0.62	-0.28	0.11	0.23	-0.26
Common Stock	0.14	0.56	-0.02	0.7	0.27	0.41	0.02	0.42	0.07	0.03		0.34	-0.01	0.41	0.33	0.03	-0.17	0.31	0.36	-0.34	0.2	-0.01	0.01	-0.02
Intangible Assets	0.36	0.72	0.2	0.55	0.77	0.92	0.25	0.53	0.62	0.65	0.34		0.11	0.83	0.88	0.2	0.62	0.93	0.91	-0.87	0.29	0.12	0.16	-0.18
Long Term Debt	0.96	0.61	0.99	0.6	0.57	0.06	0.99	0.69	0.66	0.09	-0.01	0.11		0.19	0.5	0.85	0.56	0.39	0.39	-0.2	0.05	1.0	0.26	-0.87
Property Plant Equipment	0.4	0.7	0.26	0.59	0.74	0.93	0.3	0.63	0.58	0.62	0.41	0.83	0.19		0.74	0.21	0.59	0.85	0.8	-0.68	0.12	0.2	0.34	-0.19
Good Will	0.72	0.92	0.57	0.77	0.95	0.8	0.62	0.79	0.79	0.6	0.33	0.88	0.5	0.74		0.58	0.76	0.93	0.91	-0.86	0.24	0.51	0.35	-0.61
Net Tangible Assets	0.88	0.69	0.86	0.69	0.67	0.18	0.87	0.77	0.56	0.21	0.03	0.2	0.85	0.21	0.58		0.55	0.47	0.48	-0.26	-0.02	0.87	0.47	-0.84
Long Term Debt Total	0.69	0.61	0.64	0.39	0.85	0.61	0.67	0.71	0.87	0.73	-0.17	0.62	0.56	0.59	0.76	0.55		0.72	0.61	-0.59	-0.08	0.57	0.26	-0.69
Capital Surpluse	0.61	0.85	0.46	0.69	0.88	0.9	0.51	0.73	0.7	0.67	0.31	0.93	0.39	0.85	0.93	0.47	0.72		0.96	-0.87	0.12	0.39	0.25	-0.39
Deferred Long Term Liab	0.61	0.85	0.46	0.72	0.82	0.82	0.51	0.71	0.7	0.56	0.36	0.91	0.39	0.8	0.91	0.48	0.61	0.96		-0.81	0.33	0.4	0.25	-0.37
Accumulated Depreciation	-0.43	-0.76	-0.28	-0.57	-0.76	-0.82	-0.32	-0.54	-0.53	-0.62	-0.34	-0.87	-0.2	-0.68	-0.86	-0.26	-0.59	-0.87	-0.81		-0.09	-0.2	-0.23	0.31
Short Long Term Debt	0.08	0.17	0.07	0.19	0.03	0.03	0.06	-0.01	0.26	-0.28	0.2	0.29	0.05	0.12	0.24	-0.02	-0.08	0.12	0.33	-0.09		0.05	0.01	0.0
Net Invested Capital	0.96	0.63	0.99	0.61	0.58	0.07	0.99	0.7	0.66	0.11	-0.01	0.12	1.0	0.2	0.51	0.87	0.57	0.39	0.4	-0.2	0.05		0.29	-0.89
Net Working Capital	0.31	0.38	0.27	0.38	0.45	0.29	0.27	0.36	0.07	0.23	0.01	0.16	0.26	0.34	0.35	0.47	0.26	0.25	0.25	-0.23	0.01	0.29		-0.36
Capital Stock	-0.9	-0.67	-0.89	-0.61	-0.69	-0.14	-0.9	-0.76	-0.73	-0.26	-0.02	-0.18	-0.87	-0.19	-0.61	-0.84	-0.69	-0.39	-0.37	0.31	0.0	-0.89	-0.36

Click cells to compare fundamentals

About Forward Air Financial Statements

Forward Air stakeholders use historical fundamental indicators, such as Forward Air's Net Debt, to determine how well the company is positioned to perform in the future. Although Forward Air investors may analyze each financial statement separately, they are all interrelated. For example, changes in Forward Air's assets and liabilities are reflected in the revenues and expenses on Forward Air's income statement, which ultimately affect the company's gains or losses. Understanding these patterns can help in making the right long-term investment decisions in Forward Air. Please read more on our technical analysis and fundamental analysis pages.

	Last Reported	Projected for Next Year
Net Debt	1.8 B	1.9 B
Net Debt To EBITDA	12.53	13.15

Also Currently Popular

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.

V	Visa Class A
GOOG	Alphabet Inc Class C
GOOG	Alphabet Inc Class C

When determining whether Forward Air is a strong investment it is important to analyze Forward Air's 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 Air's future performance. For an informed investment choice regarding Forward Stock, refer to the following important reports:

How To Invest In Forward

Details

Is Forward Stock a good investment?

Details

What is Forward Air's Net Worth?

Details

Largest Air Freight & Logistics Companies

View

Largest Integrated Freight & Logistics Companies

View

Check out the analysis of Forward Air Correlation against competitors.

For information on how to trade Forward Stock refer to our How to Trade Forward Stock guide.

You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

Is Air Freight & Logistics 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 Air. 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 Air 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

1.45

Earnings Share

(29.29)

Revenue Per Share

81.783

Quarterly Revenue Growth

0.924

Return On Assets

0.0296

The market value of Forward Air 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 Air's value that differs from its market value or its book value, called intrinsic value, which is Forward Air's 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 Air's market value can be influenced by many factors that don't directly affect Forward Air's 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 Air's value and its price as these two are different measures arrived at by different means. Investors typically determine if Forward Air is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Forward Air's 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.

Macroaxis helps investors of all levels and skills to maximize the upside of all their holdings and minimize the risk associated with market volatility, economic swings, and company-specific events. View terms and conditions

Feedback Blog

Made with optimal in San Francisco

2024 Macroaxis LLC

Forward Net Debt from 2010 to 2024

Latest Forward Air's Net Debt Growth Pattern

Forward Net Debt Regression Statistics

Forward Net Debt History

Other Fundumenentals of Forward Air

Forward Air Net Debt component correlations

About Forward Air Financial Statements

Also Currently Popular

COMMON DESTINATIONS

MAIN CATEGORIES

COMPANY