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. See FWTC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Quality Index
Net Assets
Total Assets
Total Liabilities
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$6.19 Million CAD. Explore cash flow conversion of Forward Water Technologies Corp to assess how effectively this company generates cash.
Annual Net Asset Quality Index for Forward Water Technologies Corp (2021–2024)
The table below presents the year-by-year Net Asset Quality Index for Forward Water Technologies Corp from 2021 to 2024, covering 4 annual filings. Each row shows total assets, total liabilities, net assets, the quality index percentage, and the change in percentage points compared to the prior year. For market capitalisation and the full company profile, see Forward Water Technologies Corp market capitalisation.
| Year | Quality Index | Net Assets (CAD) | Total Assets | Total Liabilities | Change (pp) |
|---|---|---|---|---|---|
| 2024 | -15.4% | CA$-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 | — |