Forward Air
Balance Sheet
Last updated:
The balance sheet is a financial statement presenting the value of assets, liabilities and equity of a company. How has Forward Air's balance sheet done over the years? Its assets were worth $2,979,533,000 last year, which is more than in the previous period. 74% of Forward Air’s total assets is currently financed by debt. Its liabilities reached the amount of $2,215,272,000, which means an increase by 342% compared compared to last year.
Debt to Assets
| 2014 | 541805000 | 78.24M | 14.44% |
|---|---|---|---|
| 2015 | 700171000 | 190.11M | 27.15% |
| 2016 | 641291000 | 142.22M | 22.18% |
| 2017 | 687716000 | 154.22M | 22.43% |
| 2018 | 760215000 | 206.97M | 27.23% |
| 2019 | 990878000 | 413.69M | 41.75% |
| 2020 | 1047768000 | 500.43M | 47.76% |
| 2021 | 1117823000 | 524.16M | 46.89% |
| 2022 | 1208076000 | 500.83M | 41.46% |
| 2023 | 2979533000 | 2.21B | 74.35% |
FWRD Balance Sheet (2014 – 2023)
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | |
|---|---|---|---|---|---|---|---|---|---|---|
Assets | ||||||||||
Current assets: | ||||||||||
Cash and cash equivalents | 121.96M | 45.82M | 37.31M | 40.25M | 64.74M | 25.65M | 3.89M | 8.51M | 33.31M | 41.42M |
Short term investments | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Net receivables | 158.67M | 221.02M | 216.18M | 156.49M | 150.19M | 156.35M | 152.37M | 116.60M | 128.04M | 95.32M |
Inventory | 0 | 1 | 0 | 21.00M | 2.13M | 2.24M | 1.42M | 1.30M | 1.31M | 1.05M |
Other current assets | 66.38M | 37.46M | 29.30M | 31.78M | 21.37M | 19.06M | 9.95M | 11.15M | 10.79M | 12.14M |
Total current assets | 347.02M | 304.31M | 282.80M | 249.52M | 236.31M | 201.08M | 162.74M | 136.27M | 173.45M | 149.95M |
Non-current assets: | ||||||||||
Property, Plant and Equipment | 369.64M | 390.94M | 367.29M | 313.20M | 364.68M | 209.89M | 206.11M | 200.20M | 187.28M | 172.48M |
Goodwill | 278.70M | 306.18M | 266.75M | 244.98M | 221.10M | 199.09M | 191.67M | 184.67M | 205.60M | 144.41M |
Intangible assets | 134.78M | 154.80M | 154.71M | 145.03M | 127.79M | 113.66M | 111.24M | 106.65M | 127.8M | 72.70M |
Long term investments | 0 | 0 | -43.40M | -41.98M | -43.94M | -37.17M | -29.40M | -41.87M | -39.87M | -25.18M |
Other non-current assets | 1.80B | 738K | 46.25M | 95.02M | 40.96M | 36.48M | 15.94M | 13.49M | 6.01M | 2.24M |
Total non-current assets | 2.63B | 903.76M | 835.01M | 798.24M | 754.56M | 559.13M | 524.97M | 505.02M | 526.71M | 391.85M |
Total assets | 2.97B | 1.20B | 1.11B | 1.04B | 990.87M | 760.21M | 687.71M | 641.29M | 700.17M | 541.80M |
Liabilities | ||||||||||
| Current liabilities: | ||||||||||
Accounts payable | ||||||||||
Deferred revenue | 0 | 51.09M | 61.62M | 55.41M | 49.82M | 0 | 320K | 70K | 0 | 1.29M |
Short term debt | 101.33M | 56.55M | 53.62M | 45.48M | 52.03M | 309K | 718K | 28.01M | 56.21M | 552K |
Total current liabilities | 237.09M | 169.39M | 164.69M | 172.05M | 137.16M | 74.72M | 60.13M | 77.92M | 109.04M | 43.43M |
| Non-current liabilities: | ||||||||||
Long term debt | 1.88B | 221.29M | 266.44M | 197.75M | 173.77M | 47.33M | 40.95M | 725K | 28.61M | 2.55M |
Deferred tax | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
Other non-current liabilities | 89.34M | 59.04M | 49.62M | 54.12M | 58.81M | 47.73M | 23.73M | 21.69M | 52.45M | 9.57M |
Total non-current liabilities | 1.97B | 331.43M | 359.47M | 328.38M | 276.53M | 132.24M | 94.09M | 64.29M | 81.07M | 34.81M |
Total liabilities | 2.21B | 500.83M | 524.16M | 500.43M | 413.69M | 206.97M | 154.22M | 142.22M | 190.11M | 78.24M |
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