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 ≈ $-365.70K USD). A higher ratio indicates that the company is more efficient at using its equity to generate cash flow from its core operations. Check FWTC PP&E to net assets ratio to assess the company's strategic physical and investment asset allocation.
Forward Water Technologies Corp - Cash Flow Conversion Efficiency Trend (2021–2024)
This chart illustrates how Forward Water Technologies Corp's cash flow conversion efficiency has evolved over time, based on yearly financial data. See FWTC total equity for net asset value and shareholders' equity analysis.
Forward Water Technologies Corp Competitors by Cash Flow Conversion Efficiency
The table below lists competitors of Forward Water Technologies Corp ranked by their cash flow conversion efficiency.
| Company | Cash Flow Conversion Efficiency |
|---|---|
|
Bluejay Diagnostics Inc
NASDAQ:BJDX
|
-0.380x |
|
QUHUO LTD SP.ADR/10 CL.A
F:9J40
|
N/A |
|
France Tourisme Immobilier SA
PA:MLFTI
|
N/A |
|
Regional REIT Ltd
LSE:RGL
|
0.026x |
|
Propell Holdings Ltd
AU:PHL
|
-0.056x |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
-0.063x |
|
Cluey Ltd
AU:CLU
|
-0.395x |
|
ExpreS2ion Biotech Holding AB
ST:EXPRS2
|
0.019x |
Annual Cash Flow Conversion Efficiency for Forward Water Technologies Corp (2021–2024)
The table below shows the annual cash flow conversion efficiency of Forward Water Technologies Corp from 2021 to 2024. For the full company profile with market capitalisation and key ratios, see market value of Forward Water Technologies Corp.
| Year | Net Assets | Operating Cash Flow | Cash Flow Conversion Efficiency | Change |
|---|---|---|---|---|
| 2024-03-31 | CA$-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