Forward Water Technologies Corp (FWTC) - Cash Flow Conversion Efficiency
Based on the latest financial reports, Forward Water Technologies Corp (FWTC) has a cash flow conversion efficiency ratio of 0.427x as of June 2024. Cash flow conversion efficiency measures how effectively a company's net assets (equity) generate operating cash flow. It is calculated by dividing operating cash flow (CA$-216.11K ≈ $-156.33K USD) by net assets (CA$-505.54K ≈ $-365.70K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. See Forward Water Technologies Corp balance sheet quality to measure how much of total assets are equity-financed.
Forward Water Technologies Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Forward Water Technologies Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. Check Forward Water Technologies Corp investment reinvestment rate to assess the company's total reinvestment commitment from operating cash flow.
Forward Water Technologies Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forward Water Technologies Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Sky Gold Corp
V:SKYG
|
-0.256x |
|
CardioComm Solutions Inc.
V:EKG
|
0.215x |
|
Foxtons Group Plc
LSE:FOXT
|
0.081x |
|
Cho Thavee Public Company Limited
BK:CHO
|
-0.006x |
|
Hargreave Hale Aim Vct PLC
LSE:HHV
|
-0.004x |
|
Stayble Therapeutics AB
ST:STABL
|
-0.194x |
|
Colibri Resource Corp
V:CBI
|
-0.043x |
|
Digjam Limited
NSE:DIGJAMLTD
|
-0.688x |
Annual Cash Flow Conversion Efficiency for Forward Water Technologies Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Forward Water Technologies Corp from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see FWTC market cap overview.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | CA$-244.60K ≈ $-176.94K |
CA$-997.01K ≈ $-721.22K |
4.076x | +499.75% |
| 2023-03-31 | CA$1.43 Million ≈ $1.04 Million |
CA$-1.46 Million ≈ $-1.06 Million |
-1.020x | -34.95% |
| 2022-03-31 | CA$3.51 Million ≈ $2.54 Million |
CA$-2.66 Million ≈ $-1.92 Million |
-0.756x | -957.50% |
| 2021-03-31 | CA$-2.27 Million ≈ $-1.64 Million |
CA$-199.72K ≈ $-144.48K |
0.088x | -- |
About Forward Water Technologies Corp
Forward Water Technologies Corp. engages in the commercialization of forward osmosis technology. The company's technology allows businesses to clean wastewater, as well as enables the reclamation of up to 90% of the waste as clean water that is used in environment and reused by manufacturing operations. It offers lab and pilot plant services for process modeling, treatment train optimization and … Read more