Forwardly Inc. FORW OTC

Other OTC • Financial Services • Shell Companies • US • USD

SharesGrow Score

11/100

0/4 Pass

SharesGrow Intrinsic Value

N/A

Negative cash flow

Income Statement Balance Sheet Cash Flow Statement

Annual Quarterly

Forwardly Inc. (FORW) reported total assets of $1.06M and total liabilities of $1.15M for fiscal year 2023, resulting in total equity of $-84.26K.

The company held $1.06M in cash and short-term investments. Total debt stood at $0.00, with net debt of $-295.16K. The Debt-to-Equity (D/E) ratio was -0 (conservative).

Current ratio is 0.93, which may signal tight short-term liquidity.

Criteria supported by this page:

HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
MOAT (28/100) — Total assets $1.06M and equity $-84.26K support the company's competitive scale

Overall SharesGrow Score: 10/100 with 0/7 criteria passed.

SharesGrow 7-Criteria Score

11/100

SG Score

View full scorecard →

—

VALUE

N/A

No coverage

—

FUTURE

N/A

No coverage

✗

PAST

0/100

→ Income

✗

HEALTH

0/100

Debt-to-Equity & liquidity

Proven by this page

✗

MOAT

28/100

→ Income

✗

GROWTH

15/100

→ Income

—

INCOME

N/A

No coverage

Forwardly Inc. Balance Sheet History

Metric	FY2023	FY2022	FY2021	FY2020
Total Assets	$1.06M	$954.58K	$4.38M	$373.46K
Total Liabilities	$1.15M	$903.36K	$3.67M	$418.91K
Total Debt	$0.00	$9.3K	$2.86M	$13.87K
Cash & Investments	$1.06M	$502.46K	$959.79K	$22.87K
Total Stockholders Equity	$-84.26K	$51.22K	$715.86K	$-45.46K