Forward Water Technologies Corp (FWTC) — Net Asset Quality Index
Forward Water Technologies Corp (FWTC) has a Net Asset Quality Index of 66.9% as of September 2024. This metric measures the proportion of total assets financed by shareholders' equity — total assets of CA$6.19 Million minus total liabilities of CA$2.05 Million yields net assets of CA$4.14 Million. A higher index indicates a stronger, lower-leverage balance sheet. Read FWTC current and long-term liabilities for a breakdown of total debt and financial obligations.
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Net Assets
Total Assets
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Forward Water Technologies Corp Net Asset Quality Index Over Time (2021–2024)
This chart shows how Forward Water Technologies Corp's Net Asset Quality Index has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the index stands at 66.9%, representing net assets of CA$4.14 Million against total assets of CA$6.19 Million CAD. For live market cap and overall valuation, see how much is Forward Water Technologies Corp worth.
Annual Net Asset Quality Index for Forward Water Technologies Corp (2021–2024)
The table below presents the year-by-year Net Asset Quality Index for Forward Water Technologies Corp from 2021 to 2024, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. Check Forward Water Technologies Corp PP&E and investment ratio to assess the company's strategic physical and investment asset allocation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -15.4% | CA$-244.60K | CA$1.59 Million | CA$1.83 Million | ▼ -82.5 pp |
| 2023 | 67.1% | CA$1.43 Million | CA$2.13 Million | CA$703.22K | ▼ -10.1 pp |
| 2022 | 77.1% | CA$3.51 Million | CA$4.56 Million | CA$1.04 Million | ▲ +283.6 pp |
| 2021 | -206.5% | CA$-2.27 Million | CA$1.10 Million | CA$3.36 Million | — |