Forward Water Technologies Corp (FWTC) - Net Assets
Based on the latest financial reports, Forward Water Technologies Corp (FWTC) has net assets worth CA$4.14 Million CAD (≈ $3.00 Million USD) as of September 2024. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (CA$6.19 Million ≈ $4.48 Million USD) and total liabilities (CA$2.05 Million ≈ $1.48 Million USD). 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. Explore FWTC cash flow metrics to assess how effectively this company generates cash.
Key Net Assets Metrics
| Metric | Value |
|---|---|
| Current Net Assets | CA$4.14 Million |
| % of Total Assets | 66.88% |
| Annual Growth Rate | N/A |
| 5-Year Change | N/A |
| 10-Year Change | N/A |
| Growth Volatility | 28.91 |
Forward Water Technologies Corp - Net Assets Trend (2021–2024)
This chart illustrates how Forward Water Technologies Corp's net assets have evolved over time, based on quarterly financial data. Also explore Forward Water Technologies Corp assets under control for the complete picture of this company's asset base.
Annual Net Assets for Forward Water Technologies Corp (2021–2024)
The table below shows the annual net assets of Forward Water Technologies Corp from 2021 to 2024. For live valuation and market cap data, see FWTC company net worth.
| Year | Net Assets | Change |
|---|---|---|
| 2024-03-31 | CA$-244.60K ≈ $-176.94K |
-117.09% |
| 2023-03-31 | CA$1.43 Million ≈ $1.04 Million |
-59.27% |
| 2022-03-31 | CA$3.51 Million ≈ $2.54 Million |
+255.03% |
| 2021-03-31 | CA$-2.27 Million ≈ $-1.64 Million |
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Equity Component Analysis
This analysis shows how different components contribute to Forward Water Technologies Corp'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 866171500.0% over the analyzed period, potentially due to dividend distributions or operating losses.
Current Equity Component Breakdown (March 2024)
| Component | Amount | Percentage |
|---|---|---|
| Other Components | CA$14.62 Million | % |
| Total Equity | CA$-244.60K | 100.00% |
Forward Water Technologies Corp Competitors by Market Cap
The table below lists competitors of Forward Water Technologies Corp ranked by their market capitalization.
| Company | Market Cap |
|---|---|
|
Bluejay Diagnostics Inc
NASDAQ:BJDX
|
$1.78 Million |
|
QUHUO LTD SP.ADR/10 CL.A
F:9J40
|
$1.78 Million |
|
France Tourisme Immobilier SA
PA:MLFTI
|
$1.78 Million |
|
Regional REIT Ltd
LSE:RGL
|
$1.79 Million |
|
Propell Holdings Ltd
AU:PHL
|
$1.77 Million |
|
ZAZZ Energy of Sweden AB
ST:ZAZZ-B
|
$1.77 Million |
|
Cluey Ltd
AU:CLU
|
$1.77 Million |
|
ExpreS2ion Biotech Holding AB
ST:EXPRS2
|
$1.77 Million |
Equity Growth Attribution
This analysis shows how different factors contributed to changes in Forward Water Technologies Corp's equity between the two most recent reporting periods.
Equity Growth Insights
- From 2023 to 2024, total equity changed from 1,431,180 to -244,596, a change of -1,675,776 (-117.1%).
- Net loss of 2,196,513 reduced equity.
- Other factors increased equity by 520,737.
Equity Change Factors (2023 to 2024)
| Factor | Impact | Contribution |
|---|---|---|
| Net Income | CA$-2.20 Million | -898.02% |
| Other Changes | CA$520.74K | +212.9% |
| Total Change | CA$- | -117.09% |
Book Value vs Market Value Analysis
This analysis compares Forward Water Technologies Corp'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
Historical Price-to-Book Ratios
| Date | Book Value per Share | Market Price | P/B Ratio |
|---|---|---|---|
| 2021-03-31 | CA$-0.02 | CA$0.05 | x |
| 2022-03-31 | CA$0.03 | CA$0.05 | x |
| 2023-03-31 | CA$0.01 | CA$0.05 | x |
| 2024-03-31 | CA$0.00 | CA$0.05 | x |
Capital Efficiency Dashboard
This dashboard shows how efficiently Forward Water Technologies Corp utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.
Capital Efficiency Insights
- Current Return on Equity (ROE): 0.00%
- The company may be facing challenges in efficiently utilizing shareholder equity.
- DuPont Analysis Breakdown:
- • Net Profit Margin: -3091.24%
- • Asset Turnover: 0.04x
- • Equity Multiplier: 0.00x
- Recent ROE (0.00%) is above the historical average (-69.67%), indicating improving capital efficiency.
Historical Capital Efficiency Metrics
| Year | Return on Equity | Net Profit Margin | Asset Turnover | Equity Multiplier | Economic Value Added |
|---|---|---|---|---|---|
| 2021 | 0.00% | -3608.59% | 0.04x | 0.00x | CA$-1.27 Million |
| 2022 | -118.92% | -66923.06% | 0.00x | 1.30x | CA$-4.53 Million |
| 2023 | -159.77% | -5755.74% | 0.02x | 1.49x | CA$-2.43 Million |
| 2024 | 0.00% | -3091.24% | 0.04x | 0.00x | CA$-2.17 Million |
Industry Comparison
This section compares Forward Water Technologies Corp's net assets metrics with peer companies in the Utilities - Regulated Water industry.
No peer company data available for comparison.
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