Forward Water Technologies Corp (FWTC) — Defensive Interval Ratio
Forward Water Technologies Corp (FWTC) has a Defensive Interval Ratio of 6 days as of September 2024. Defensive assets of CA$23.17K (cash CA$-, short-term investments CA$11.20K, receivables CA$11.97K) cover 6 days of daily cash needs of CA$4.21K/day. See Forward Water Technologies Corp (FWTC) working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Defensive Interval Ratio
Defensive Assets
Daily Cash Need
Current Liabilities
Forward Water Technologies Corp Defensive Interval Ratio (2020–2024)
This chart shows how Forward Water Technologies Corp's Defensive Interval Ratio has evolved across 5 annual periods from 2020 to 2024. As of September 2024, the ratio stands at 6 days, meaning defensive assets of CA$23.17K can fund 6 days of operations without new revenue. See how leveraged is Forward Water Technologies Corp's balance sheet to measure how much of total assets are equity-financed.
Annual Defensive Interval Ratio for Forward Water Technologies Corp (2020–2024)
The table below presents the year-by-year Defensive Interval Ratio for Forward Water Technologies Corp from 2020 to 2024, covering 5 annual filings. Each row shows defensive assets, daily cash need, the DIR in days, and the change in days compared to the prior year. For live market cap and the full company financial profile, see Forward Water Technologies Corp stock valuation.
| Year | DIR (days) | Defensive Assets (CAD) | Daily Cash Need | Cash | ST Investments | Change (days) |
|---|---|---|---|---|---|---|
| 2024 | 3 days | CA$11.27K | CA$4.00K/day | CA$- | CA$11.20K | ▼ -17 days |
| 2023 | 20 days | CA$37.42K | CA$1.87K/day | CA$- | CA$28.06K | ▼ -2 days |
| 2022 | 22 days | CA$28.36K | CA$1.27K/day | CA$- | CA$28.06K | ▲ +14 days |
| 2021 | 8 days | CA$61.85K | CA$7.50K/day | CA$- | CA$7.50K | ▼ -216 days |
| 2020 | 225 days | CA$535.38K | CA$2.38K/day | CA$- | CA$- | — |