FORWARD AIR CORPORATION (FWRD) Current Ratio
- Current ratio · latest quarter: Value 1.32×; Formula and calculation Current assets / current liabilities..
Current ratio
Overview →Financial period ending 2026-06-30; current quote (m). Amounts retain their stated periods and units.
| Metric | Value | Formula and calculation |
|---|---|---|
| Current ratio · latest quarter | 1.32× | Current assets / current liabilities. $583.12M ÷ $441.57M ≈ 1.32× |
Calculation inputs
| Input | Amount with unit | Raw financial data |
|---|---|---|
| Current assets | 583.12M USD | Assets, Current |
| Current obligations | 441.57M USD | Liabilities, Current |
| Cash and equivalents | 139.45M USD | Cash and Cash Equivalents, at Carrying Value |
| Short-term securities | (m) | |
| Customer receivables | 369.47M USD | Accounts Receivable, after Allowance for Credit Loss, Current |
| Inventory | (m) | Inventory, Net |
| Payables | 118.65M USD | Accounts Payable, Current |
| Borrowing debt due within one year | (m) | Long-term Debt, Current Maturities |
Calculated history
Changes compare with the next older row (previous quarter), unless explicitly labeled otherwise. Rolling 12-month growth compares two successive quarter-end rolling totals; it is not year-over-year growth.
| Period ending | Current assets (USD) | Current obligations (USD) | Cash and equivalents (USD) | Short-term securities (USD) | Customer receivables (USD) | Inventory (USD) | Payables (USD) | Borrowing debt due within one year (USD) | Current ratio |
|---|---|---|---|---|---|---|---|---|---|
| 2026-06-30 | $583.12M | $441.57M | $139.45M | (m) | $369.47M | (m) | $118.65M | (m) | 1.32× |
| 2026-03-31 | $542.36M | $441.90M | $141.02M | (m) | $330.70M | (m) | $103.69M | (m) | 1.23× |
| 2025-12-31 | $521.00M | $428.32M | $106.00M | (m) | $343.56M | (m) | $121.75M | (m) | 1.22× |
| 2025-09-30 | $552.49M | $460.04M | $140.35M | (m) | $341.41M | (m) | $124.83M | (m) | 1.20× |
| 2025-06-30 | $474.61M | $396.69M | $95.13M | (m) | $335.72M | (m) | $115.12M | (m) | 1.20× |
| 2025-03-31 | $493.37M | $438.26M | $116.31M | (m) | $336.40M | (m) | $111.51M | (m) | 1.13× |
| 2024-12-31 | $472.50M | $384.05M | $104.90M | (m) | $322.29M | (m) | $105.69M | (m) | 1.23× |
| 2024-09-30 | $545.08M | $448.70M | $136.62M | (m) | $361.00M | (m) | $157.23M | (m) | 1.21× |
| 2024-06-30 | $558.62M | $420.01M | $84.89M | (m) | $368.93M | (m) | $143.46M | (m) | 1.33× |
| 2024-03-31 | $569.43M | $444.84M | $152.04M | (m) | $351.81M | (m) | $130.65M | $11.25M | 1.28× |
| 2023-12-31 | $347.03M | $237.09M | $121.97M | (m) | $153.27M | (m) | $45.43M | (m) | 1.46× |
| 2023-09-30 | $237.73M | $190.44M | (m) | (m) | $191.76M | (m) | $45.70M | $3.19M | 1.25× |
| 2023-06-30 | $215.79M | $169.23M | (m) | (m) | $175.97M | (m) | $37.09M | $2.63M | 1.28× |
| 2023-03-31 | $257.79M | $165.77M | (m) | (m) | $201.38M | (m) | $42.99M | $2.43M | 1.56× |
| 2022-12-31 | $304.31M | $169.40M | $45.82M | (m) | $188.23M | (m) | $50.09M | $1.49M | 1.80× |
| 2022-09-30 | $312.97M | $179.56M | (m) | (m) | $247.73M | (m) | $50.67M | $1.49M | 1.74× |
| 2022-06-30 | $315.76M | $167.46M | (m) | (m) | $246.01M | (m) | $42.06M | $1.50M | 1.89× |
| 2022-03-31 | $325.25M | $187.94M | (m) | (m) | $236.67M | (m) | $54.43M | $1.50M | 1.73× |
| 2021-12-31 | $282.81M | $164.69M | $37.32M | (m) | $208.09M | (m) | $44.84M | $1.50M | 1.72× |
| 2021-09-30 | $289.26M | $158.47M | (m) | (m) | $205.16M | (m) | $42.88M | (m) | 1.83× |
| 2021-06-30 | $297.01M | $169.27M | (m) | (m) | $209.19M | (m) | $43.66M | (m) | 1.75× |
| 2021-03-31 | $247.99M | $169.13M | (m) | (m) | $186.50M | (m) | $40.68M | (m) | 1.47× |
| 2020-12-31 | $245.90M | $171.62M | $40.25M | (m) | $156.49M | (m) | $38.37M | $0.00 | 1.43× |
| 2020-09-30 | $235.05M | $157.13M | (m) | (m) | $153.07M | (m) | $32.58M | (m) | 1.50× |
| 2020-06-30 | $247.29M | $146.85M | (m) | (m) | $130.76M | (m) | $27.68M | (m) | 1.68× |
| 2020-03-31 | $241.19M | $143.33M | (m) | (m) | $143.23M | (m) | $26.57M | (m) | 1.68× |
| 2019-12-31 | $236.32M | $137.16M | $64.75M | (m) | $136.21M | (m) | $25.41M | (m) | 1.72× |
| 2019-09-30 | $215.71M | $139.78M | $34.82M | (m) | $157.49M | (m) | $32.60M | (m) | 1.54× |
| 2019-06-30 | $193.07M | $136.63M | $14.78M | (m) | $154.72M | (m) | $30.59M | (m) | 1.41× |
| 2019-03-31 | $202.07M | $116.65M | $42.16M | (m) | $150.62M | (m) | $31.12M | (m) | 1.73× |
| 2018-12-31 | $201.08M | $74.72M | $25.66M | (m) | $156.36M | $2.24M | $34.63M | $0.00 | 2.69× |
| 2018-09-30 | $201.07M | $75.52M | $28.91M | (m) | $148.46M | (m) | $35.11M | (m) | 2.66× |
| 2018-06-30 | $193.50M | $69.72M | $20.10M | (m) | $152.39M | (m) | $32.04M | (m) | 2.78× |
| 2018-03-31 | $170.07M | $66.33M | $12.73M | (m) | $146.19M | (m) | $30.00M | (m) | 2.56× |
| 2017-12-31 | $167.65M | $66.15M | $3.89M | (m) | $147.95M | $1.43M | $30.72M | (m) | 2.53× |
| 2017-09-30 | $157.84M | $58.20M | $12.42M | (m) | $132.10M | (m) | $22.38M | (m) | 2.71× |
| 2017-06-30 | $148.15M | $54.65M | $10.09M | (m) | $123.53M | (m) | $17.64M | (m) | 2.71× |
| 2017-03-31 | $139.20M | $58.48M | $14.34M | (m) | $116.47M | (m) | $15.80M | (m) | 2.38× |
| 2016-12-31 | $136.27M | $77.93M | $8.51M | (m) | $116.60M | $1.31M | $18.01M | $27.66M | 1.75× |
| 2016-09-30 | $143.96M | $91.12M | $11.31M | (m) | $115.33M | (m) | $18.41M | (m) | 1.58× |
| 2016-06-30 | $163.63M | $100.74M | $21.68M | (m) | $109.26M | (m) | $13.81M | (m) | 1.62× |
| 2016-03-31 | $167.94M | $118.75M | $38.04M | (m) | $104.32M | (m) | $17.81M | (m) | 1.41× |
| 2015-12-31 | $173.46M | $109.04M | $33.31M | (m) | $109.17M | $1.31M | $23.33M | $55.56M | 1.59× |
| 2015-09-30 | $185.70M | $113.02M | $47.44M | (m) | $114.67M | (m) | $27.43M | (m) | 1.64× |
| 2015-06-30 | $193.34M | $116.71M | $42.53M | (m) | $122.36M | (m) | $27.62M | (m) | 1.66× |
| 2015-03-31 | $196.74M | $114.01M | $54.49M | (m) | $120.47M | (m) | $21.57M | (m) | 1.73× |
| 2014-12-31 | $147.46M | $43.43M | $41.43M | (m) | $95.33M | $1.06M | $20.57M | $0.00 | 3.40× |
| 2014-09-30 | $138.65M | $45.03M | $24.57M | (m) | $100.02M | (m) | $21.39M | (m) | 3.08× |
| 2014-06-30 | $137.16M | $43.67M | $24.94M | (m) | $97.56M | (m) | $21.42M | (m) | 3.14× |
| 2014-03-31 | $145.13M | $44.01M | $41.04M | (m) | $93.65M | (m) | $22.16M | (m) | 3.30× |
| 2013-12-31 | $220.36M | $34.61M | $127.37M | (m) | $76.50M | $1.05M | $16.27M | (m) | 6.37× |
| 2013-09-30 | $200.62M | $36.65M | $98.55M | (m) | $83.22M | (m) | $17.07M | (m) | 5.47× |
| 2013-06-30 | $177.28M | $29.53M | $81.10M | (m) | $76.28M | (m) | $12.19M | (m) | 6.00× |
| 2013-03-31 | $164.52M | $32.60M | $71.63M | (m) | $78.09M | (m) | $14.29M | (m) | 5.05× |
| 2012-12-31 | $198.40M | $27.92M | $112.18M | (m) | $75.26M | $901.00K | $11.17M | (m) | 7.11× |
| 2012-09-30 | $181.47M | $29.76M | $92.99M | (m) | $74.88M | (m) | $12.90M | (m) | 6.10× |
| 2012-06-30 | $162.10M | $32.48M | $68.83M | (m) | $77.56M | (m) | $12.28M | (m) | 4.99× |
| 2012-03-31 | $155.44M | $40.25M | $69.40M | (m) | $75.38M | (m) | $16.56M | (m) | 3.86× |
| 2011-12-31 | $139.72M | $33.93M | $58.80M | (m) | $70.92M | $881.00K | $12.39M | (m) | 4.12× |
| 2011-09-30 | $168.88M | $33.20M | $87.47M | (m) | $69.57M | (m) | $14.60M | (m) | 5.09× |
| 2011-06-30 | $175.95M | $33.87M | $96.12M | (m) | $69.78M | (m) | $15.35M | (m) | 5.19× |
| 2011-03-31 | $163.61M | $34.31M | $85.68M | (m) | $68.39M | (m) | $11.80M | (m) | 4.77× |
| 2010-12-31 | $145.96M | $27.61M | $74.50M | (m) | $62.76M | $830.00K | $10.69M | (m) | 5.29× |
| 2010-09-30 | $137.14M | $35.38M | $63.22M | (m) | $62.44M | (m) | $11.38M | (m) | 3.88× |
| 2010-06-30 | $122.32M | $32.34M | $47.92M | (m) | $63.54M | (m) | $9.70M | (m) | 3.78× |
| 2009-12-31 | $107.23M | $29.78M | $42.03M | (m) | $55.72M | $938.00K | (m) | $21.00K | 3.60× |
(m) means missing inputs. Historical market-based ratios use the saved close on or immediately before period ending and that period’s reported shares; current quotes are not substituted. Five-year projections repeat historical CAGR, not analyst forecasts.
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