Current Water Technologies Inc (WATR) — Tangible Net Worth Ratio
Current Water Technologies Inc (WATR) has a Tangible Net Worth Ratio of 99.0% as of September 2024. This metric is calculated by deducting intangible assets (CA$3.40K) from net assets (CA$355.03K) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Current Water Technologies Inc short-term liquidity ratio to evaluate short-term liquidity relative to the company's equity base.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Current Water Technologies Inc Tangible Net Worth Ratio (1996–2023)
This chart shows how Current Water Technologies Inc's Tangible Net Worth Ratio has changed across 22 annual periods from 1996 to 2023. As of September 2024, the ratio stands at 99.0%, reflecting net assets of CA$355.03K with intangible assets of CA$3.40K CAD. See WATR cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Annual Tangible Net Worth Ratio for Current Water Technologies Inc (1996–2023)
The table below presents the year-by-year Tangible Net Worth Ratio for Current Water Technologies Inc from 1996 to 2023, covering 22 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For the full company profile including market capitalisation, see WATR stock market capitalisation.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 96.0% | CA$96.59K | CA$3.83K | CA$2.11 Million | ▼ -2.9 pp |
| 2021 | 98.9% | CA$216.71K | CA$2.29K | CA$1.50 Million | ▲ +17.9 pp |
| 2016 | 81.0% | CA$282.15K | CA$53.57K | CA$489.84K | ▼ -11.3 pp |
| 2015 | 92.3% | CA$1.25 Million | CA$97.01K | CA$1.32 Million | ▲ +338.2 pp |
| 2014 | -245.9% | CA$45.92K | CA$158.84K | CA$515.39K | ▼ -319.1 pp |
| 2013 | 73.2% | CA$601.71K | CA$161.18K | CA$1.05 Million | ▼ -26.8 pp |
| 2012 | 100.0% | CA$509.90K | CA$0.00 | CA$934.56K | ▲ +13.7 pp |
| 2011 | 86.3% | CA$1.25 Million | CA$170.17K | CA$1.37 Million | ▼ -9.2 pp |
| 2010 | 95.5% | CA$2.65 Million | CA$119.14K | CA$2.77 Million | ▼ -4.5 pp |
| 2009 | 100.0% | CA$2.21 Million | CA$0.00 | CA$3.09 Million | ▲ +2.9 pp |
| 2008 | 97.1% | CA$3.60 Million | CA$104.11K | CA$4.80 Million | ▼ -2.9 pp |
| 2007 | 100.0% | CA$6.73 Million | CA$0.00 | CA$6.90 Million | ▲ +0.0 pp |
| 2006 | 100.0% | CA$733.80K | CA$0.00 | CA$1.06 Million | ▲ +0.0 pp |
| 2005 | 100.0% | CA$535.93K | CA$0.00 | CA$717.84K | ▲ +0.0 pp |
| 2004 | 100.0% | CA$1.03 Million | CA$0.00 | CA$1.29 Million | ▲ +0.0 pp |
| 2003 | 100.0% | CA$1.09 Million | CA$0.00 | CA$1.26 Million | ▲ +0.0 pp |
| 2001 | 100.0% | CA$552.69K | CA$0.00 | CA$762.66K | ▲ +0.0 pp |
| 2000 | 100.0% | CA$754.89K | CA$0.00 | CA$940.77K | ▲ +0.0 pp |
| 1999 | 100.0% | CA$732.34K | CA$0.00 | CA$884.86K | ▲ +0.0 pp |
| 1998 | 100.0% | CA$1.04 Million | CA$0.00 | CA$1.29 Million | ▲ +0.0 pp |
| 1997 | 100.0% | CA$1.31 Million | CA$0.00 | CA$1.45 Million | ▲ +0.0 pp |
| 1996 | 100.0% | CA$283.81K | CA$0.00 | CA$561.59K | — |