Global Water Resources Inc
Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water systems in metropolitan Phoenix and Tucson, Arizona. It serves approximately 111,000 people in approximately 36,000 homes. Global Water Resources, Inc. was founded in 2003 and is based in Phoenix, Arizona.
Global Water Resources Inc (GWRS) - Net Assets
Latest net assets as of September 2025: $89.62 Million USD
Based on the latest financial reports, Global Water Resources Inc (GWRS) has net assets worth $89.62 Million USD as of September 2025.
Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets ($480.65 Million) and total liabilities ($391.03 Million). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | $89.62 Million |
| % of Total Assets | 18.65% |
| Annual Growth Rate | 13.38% |
| 5-Year Change | 47.89% |
| 10-Year Change | 137.27% |
| Growth Volatility | 1144.53 |
Global Water Resources Inc - Net Assets Trend (2008–2024)
This chart illustrates how Global Water Resources Inc's net assets have evolved over time, based on quarterly financial data. Explore and compare other companies by net assets.
Annual Net Assets for Global Water Resources Inc (2008–2024)
The table below shows the annual net assets of Global Water Resources Inc from 2008 to 2024.
| Year | Net Assets | Change |
|---|---|---|
| 2024-12-31 | $47.60 Million | -2.09% |
| 2023-12-31 | $48.62 Million | +9.52% |
| 2022-12-31 | $44.39 Million | +47.84% |
| 2021-12-31 | $30.03 Million | -6.71% |
| 2020-12-31 | $32.19 Million | +30.46% |
| 2019-12-31 | $24.67 Million | -11.48% |
| 2018-12-31 | $27.87 Million | +87.56% |
| 2017-12-31 | $14.86 Million | -2.18% |
| 2016-12-31 | $15.19 Million | -24.28% |
| 2015-12-31 | $20.06 Million | -27.52% |
| 2014-12-31 | $27.68 Million | +184.28% |
| 2013-12-31 | $-32.84 Million | -23.63% |
| 2012-12-31 | $-26.56 Million | -315.49% |
| 2011-12-31 | $12.33 Million | -83.62% |
| 2010-12-31 | $75.27 Million | +4401.70% |
| 2009-12-31 | $1.67 Million | -73.80% |
| 2008-12-31 | $6.38 Million | -- |
Equity Component Analysis
This analysis shows how different components contribute to Global Water Resources Inc's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.
Equity Composition Insights
- Retained earnings have decreased by 0.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (December 2024)
| Component | Amount | Percentage |
|---|---|---|
| Common Stock | $240.00K | 0.50% |
| Other Components | $47.36 Million | 99.50% |
| Total Equity | $47.60 Million | 100.00% |
Global Water Resources Inc Competitors by Market Cap
The table below lists competitors of Global Water Resources Inc ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bonduelle SAS
LSE:0N75
|
$102.67 Million |
|
Mersana Therapeutics Inc
NASDAQ:MRSN
|
$102.67 Million |
|
Shenzhen Properties & Resources Development Group Ltd
SHE:200011
|
$102.69 Million |
|
Smartoptics Group AS
OL:SMOP
|
$102.72 Million |
|
Zhejiang Sunrise Garment Group Co Ltd
SHG:605138
|
$102.52 Million |
|
BankFinancial Corporation
NASDAQ:BFIN
|
$102.49 Million |
|
Black Diamond Therapeutics Inc
NASDAQ:BDTX
|
$102.46 Million |
|
Major-Power Technology Co., Ltd.
TWO:6720
|
$102.44 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Global Water Resources Inc's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 48,620,000 to 47,604,000, a change of -1,016,000 (-2.1%).
- Net income of 5,789,000 contributed positively to equity growth.
- Dividend payments of 7,298,000 reduced retained earnings.
- Share repurchases of 265,000 reduced equity.
- Other factors increased equity by 758,000.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | $5.79 Million | +12.16% |
| Dividends Paid | $7.30 Million | -15.33% |
| Share Repurchases | $265.00K | -0.56% |
| Other Changes | $758.00K | +1.59% |
| Total Change | $- | -2.09% |
Book Value vs Market Value Analysis
This analysis compares Global Water Resources Inc's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.
Valuation Insights
- Current price-to-book ratio: 3.84x
- The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2012-12-31 | $-1.45 | $7.53 | x |
| 2013-12-31 | $-1.79 | $7.53 | x |
| 2014-12-31 | $1.51 | $7.53 | x |
| 2015-12-31 | $1.10 | $7.53 | x |
| 2016-12-31 | $0.79 | $7.53 | x |
| 2017-12-31 | $0.76 | $7.53 | x |
| 2018-12-31 | $1.36 | $7.53 | x |
| 2019-12-31 | $1.15 | $7.53 | x |
| 2020-12-31 | $1.43 | $7.53 | x |
| 2021-12-31 | $1.31 | $7.53 | x |
| 2022-12-31 | $1.90 | $7.53 | x |
| 2023-12-31 | $2.01 | $7.53 | x |
| 2024-12-31 | $1.96 | $7.53 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Global Water Resources Inc utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 12.16%
- The company shows good efficiency in utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: 10.99%
- • Asset Turnover: 0.13x
- • Equity Multiplier: 8.51x
- Recent ROE (12.16%) is below the historical average (25.26%), suggesting potential challenges in capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2008 | 0.00% | 0.00% | 0.09x | 73.18x | $-518.08K |
| 2009 | 0.00% | 0.00% | 0.10x | 665.66x | $-53.61K |
| 2010 | 0.00% | 0.00% | 0.08x | 29.39x | $-1.17 Million |
| 2011 | 0.00% | 0.00% | 0.14x | 21.50x | $-1.23 Million |
| 2012 | 0.00% | -114.74% | 0.11x | 0.00x | $-35.82 Million |
| 2013 | 0.00% | -18.07% | 0.11x | 0.00x | $-2.76 Million |
| 2014 | 234.58% | 199.43% | 0.11x | 11.11x | $62.16 Million |
| 2015 | 106.48% | 66.85% | 0.13x | 11.86x | $19.36 Million |
| 2016 | -18.77% | -9.57% | 0.12x | 15.72x | $-4.37 Million |
| 2017 | 30.63% | 14.58% | 0.13x | 16.05x | $3.06 Million |
| 2018 | 11.13% | 8.74% | 0.14x | 9.42x | $315.90K |
| 2019 | 9.01% | 6.27% | 0.13x | 10.79x | $-243.20K |
| 2020 | 3.43% | 2.86% | 0.14x | 8.81x | $-2.11 Million |
| 2021 | 12.02% | 8.61% | 0.14x | 9.79x | $606.10K |
| 2022 | 12.40% | 12.31% | 0.14x | 7.28x | $1.07 Million |
| 2023 | 16.42% | 15.05% | 0.15x | 7.43x | $3.12 Million |
| 2024 | 12.16% | 10.99% | 0.13x | 8.51x | $1.03 Million |
Industry Comparison
This section compares Global Water Resources Inc's net assets metrics with peer companies in the Utilities - Regulated Water industry.
Industry Context
- Industry: Utilities - Regulated Water
- Average net assets among peers: $3,225,632,883
- Average return on equity (ROE) among peers: -36.40%
Peer Company Comparison
| Company | Net Assets | Return on Equity | Debt-to-Equity | Market Cap |
|---|---|---|---|---|
| Global Water Resources Inc (GWRS) | $89.62 Million | 0.00% | 4.36x | $102.59 Million |
| American Energy Partners Inc (AEPT) | $2.39 Million | -209.56% | 6.60x | $150.58K |
| Aris Water Solutions Inc (ARIS) | $16.05 Million | -4.69% | 1.06x | $577.25 Million |
| Artesian Resources Corporation (ARTNA) | $139.02 Million | 9.32% | 2.24x | $295.24 Million |
| SIIC Environment Holdings Ltd (AWAEF) | $15.29 Billion | 3.95% | 1.79x | $59.96 Million |
| American Water Works (AWK) | $364.50 Million | 12.87% | 2.79x | $26.06 Billion |
| Beijing Enterprises Water Group Limited (BJWTY) | $15.92 Billion | 6.81% | 1.77x | $3.33 Billion |
| Cadiz Inc (CDZI) | $18.97 Million | -121.40% | 1.43x | $284.80 Million |
| Clean Teq Water Ltd (CNQQF) | $3.98 Million | -76.35% | 2.11x | $9.48 Million |
| Consolidated Water Co Ltd (CWCO) | $107.34 Million | 7.01% | 0.29x | $468.34 Million |
| California Water Service Group (CWT) | $389.18 Million | 8.01% | 2.04x | $2.62 Billion |