Water Ways Technologies Inc (WWT) — Tangible Net Worth Ratio
Water Ways Technologies Inc (WWT) has a Tangible Net Worth Ratio of 66.4% as of September 2023. This metric is calculated by deducting intangible assets (CA$706.00K) from net assets (CA$2.10 Million) 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. Also explore net asset momentum of Water Ways Technologies Inc to track the company's year-over-year net asset growth rate.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Water Ways Technologies Inc Tangible Net Worth Ratio (2007–2022)
This chart shows how Water Ways Technologies Inc's Tangible Net Worth Ratio has changed across 12 annual periods from 2007 to 2022. As of September 2023, the ratio stands at 66.4%, reflecting net assets of CA$2.10 Million with intangible assets of CA$706.00K CAD. For live market cap and overall valuation, see WWT company net worth.
Annual Tangible Net Worth Ratio for Water Ways Technologies Inc (2007–2022)
The table below presents the year-by-year Tangible Net Worth Ratio for Water Ways Technologies Inc from 2007 to 2022, covering 12 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. Explore WWT capex to operating cash flow ratio to see what proportion of operating cash flow is directed to capital expenditures.
| Year | Tangible NW Ratio | Net Assets (CAD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2022 | 54.6% | CA$1.78 Million | CA$808.00K | CA$9.23 Million | ▲ +176.1 pp |
| 2020 | -121.5% | CA$497.00K | CA$1.10 Million | CA$7.93 Million | ▼ -204.2 pp |
| 2019 | 82.7% | CA$1.67 Million | CA$289.00K | CA$6.51 Million | ▼ -17.3 pp |
| 2018 | 100.0% | CA$2.58 Million | CA$0.00 | CA$6.14 Million | ▲ +0.0 pp |
| 2014 | 100.0% | CA$9.04K | CA$0.00 | CA$43.61K | ▲ +0.0 pp |
| 2013 | 100.0% | CA$49.45K | CA$0.00 | CA$79.03K | ▲ +0.0 pp |
| 2012 | 100.0% | CA$79.67K | CA$0.00 | CA$114.48K | ▲ +0.0 pp |
| 2011 | 100.0% | CA$164.60K | CA$0.00 | CA$205.54K | ▲ +0.0 pp |
| 2010 | 100.0% | CA$281.23K | CA$0.00 | CA$319.17K | ▲ +0.0 pp |
| 2009 | 100.0% | CA$376.90K | CA$0.00 | CA$454.64K | ▲ +0.0 pp |
| 2008 | 100.0% | CA$389.74K | CA$0.00 | CA$439.17K | ▲ +0.0 pp |
| 2007 | 100.0% | CA$100.98K | CA$0.00 | CA$134.81K | — |