Forward Air Corporation cash flow to debt ratio of 2.06% indicates that the company cannot generate enough cash to cover its debt over time. This level indicates weak financial health.

Forward Air Corporation's free cash flow has increased -113.58% from $-112.46M last year to $15.27M, signaling increasing performance

Forward Air Corporation's debt to equity ratio is 26.55, which means that the company's assets are unhealthy financed, signaling financial risk. READ MORE: A ratio over 0.60 means the company finances its assets with debt, signaling financial risk. If ratio is negative, the company spent its own equity and risks bankruptcy

Forward Air Corporation's debt has increased relative to shareholder equity from 10.64 last year to 26.55 today, signaling weakened financials

Forward Air Corporation has a net debt to EBITDA ratio of 11.03x, which exceeds the 3.00x threshold, indicating high leverage and potential financial risk

Forward Air Corporation's interest coverage ratio is 0.57, which means that the company struggles to meet interest obligations, signaling financial risk.

Forward Air Corporation's profit margin has increased (-88.76%) in the last year from -33.02% to -3.71%, signaling increasing performance

Forward Air Corporation's short-term assets of $521.00M exceed its short-term liabilities of $428.32M

Forward Air Corporation's return on assets of 0.00% is lower than the 5.00% threshold, indicating inefficient asset utilization

Forward Air Corporation's return on equity of -75.30%, is lower than 15.00%, indicating bad performance

Forward Air Corporation's operating cash flow is lower than its net income, indicating that earnings may not be fully backed by cash generation

Forward Air Corporation had positive net income in 3.00 out of 5 years, indicating stable and consistent earnings

Forward Air Corporation has positive free cash flow, indicating the company generates cash after capital expenditures

Forward Air Corporation has a free cash flow yield of 3.25%, which is above the 2.00% threshold, indicating strong cash generation relative to market value

Forward Air Corporation's yearly earnings has increased -86.81% since last year from $-816.97M to $-107.80M, signaling increasing performance

Forward Air Corporation's yearly revenue has increased 0.84% since last year from $2.47G to $2.50G, signaling increasing performance

ROIC 1.83% (Source: FMP key-metrics). Below the 5% partial-credit threshold. Score: 0 of 2. The 5% and 10% cutoffs anchor to typical US weighted-average cost of capital. Below 5% indicates the company is not generating returns above its likely cost of capital under this definition of invested capital. Invested capital here includes equity, non-current liabilities (pension obligations, deferred taxes, lease obligations), and short-term debt. Cash is not subtracted. Companies with substantial float, lease portfolios, or cash holdings will score lower under this definition than under narrower operating-capital definitions. See methodology.

Forward Air Corporation's 3-year revenue CAGR of 14.10% is positive, indicating growing revenue over the past 3 years

Forward Air Corporation had revenue growth in 4.00 out of 5 years, indicating consistent revenue performance

Forward Air Corporation had positive ROE in 3.00 out of 5 years, indicating consistent and reliable returns on equity

Forward Air Corporation has insufficient data to evaluate this check.

Forward Air Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Forward Air Corporation is overvalued relative to its fair value price of 0.00 based on EBITDA multiple model

Forward Air Corporation has an EV/EBITDA ratio of 24.45x, which exceeds the 20.00x threshold, indicating the stock may be overvalued relative to its operating earnings

Forward Air Corporation is undervalued relative to its fair value price of 101.59 based on Earnings Fair Value model

Forward Air Corporation has negative trailing-twelve-month earnings; this ratio is not meaningful and the check fails

Forward Air Corporation has a price-to-book ratio of 5.69x, which exceeds the 5.00x threshold, indicating the stock may be overvalued relative to its book value

Forward Air Corporation has a price-to-sales ratio of 0.19x, which is below the 8.00x threshold, indicating reasonable valuation relative to its revenue