Forward Air Corp (FWRD)
23.04
-0.26
(-1.12%)
USD |
NASDAQ |
Apr 25, 16:00
23.06
+0.02
(+0.07%)
After-Hours: 20:00
Forward Air Debt to Equity Ratio: 2.359 for Dec. 31, 2023
Debt to Equity Ratio Chart
Historical Debt to Equity Ratio Data
| Date | Value |
|---|---|
| December 31, 2023 | 2.359 |
| September 30, 2023 | 0.2012 |
| June 30, 2023 | 0.1985 |
| March 31, 2023 | 0.2367 |
| December 31, 2022 | 0.1639 |
| September 30, 2022 | 0.1588 |
| June 30, 2022 | 0.2239 |
| March 31, 2022 | 0.2635 |
| December 31, 2021 | 0.2721 |
| September 30, 2021 | 0.2937 |
| June 30, 2021 | 0.2973 |
| March 31, 2021 | 0.2186 |
| December 31, 2020 | 0.2054 |
| September 30, 2020 | 0.2139 |
| June 30, 2020 | 0.2437 |
| March 31, 2020 | 0.2445 |
| December 31, 2019 | 0.1167 |
| September 30, 2019 | 0.1324 |
| June 30, 2019 | 0.1046 |
| March 31, 2019 | 0.086 |
| December 31, 2018 | 0.0855 |
| September 30, 2018 | 0.0742 |
| June 30, 2018 | 0.0753 |
| March 31, 2018 | 0.0776 |
| December 31, 2017 | 0.0755 |
| Date | Value |
|---|---|
| September 30, 2017 | 0.0814 |
| June 30, 2017 | 0.0404 |
| March 31, 2017 | 0.0277 |
| December 31, 2016 | 0.0554 |
| September 30, 2016 | 0.0861 |
| June 30, 2016 | 0.1157 |
| March 31, 2016 | 0.1382 |
| December 31, 2015 | 0.1629 |
| September 30, 2015 | 0.2005 |
| June 30, 2015 | 0.231 |
| March 31, 2015 | 0.2662 |
| December 31, 2014 | 0.00 |
| September 30, 2014 | 0.0036 |
| June 30, 2014 | 0.0038 |
| March 31, 2014 | 0.004 |
| December 31, 2013 | 0.00 |
| September 30, 2013 | 0.0002 |
| June 30, 2013 | 0.0004 |
| March 31, 2013 | 0.0006 |
| December 31, 2012 | 0.00 |
| September 30, 2012 | 0.0014 |
| June 30, 2012 | 0.0019 |
| March 31, 2012 | 0.0025 |
| December 31, 2011 | 0.00 |
| September 30, 2011 | 0.1884 |
Debt to Equity Ratio Definition
The debt to equity ratio measures the (Long Term Debt + Current Portion of Long Term Debt) / Total Shareholders' Equity. This metric is useful when analyzing the health of a company's balance sheet.
Debt to Equity Ratio Range, Past 5 Years
0.1046
Minimum
Jun 2019
2.359
Maximum
Dec 2023
0.3236
Average
0.2186
Median
Mar 2021
Debt to Equity Ratio Benchmarks
| Hub Group Inc | 0.2145 |
| C.H. Robinson Worldwide Inc | 1.114 |
| RXO Inc | 0.6044 |
| Singularity Future Technology Ltd | 0.00 |
| Radiant Logistics Inc | 0.0088 |
Debt to Equity Ratio Related Metrics
| Total Assets (Quarterly) | 2.980B |
| Total Liabilities (Quarterly) | 2.215B |
| Shareholders Equity (Quarterly) | 764.26M |
| Current Ratio | 1.464 |
| Net Debt Paydown Yield | -21.00% |