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
Forward Water Technologies Corp (FWTC) - Total Assets
Latest total assets as of September 2024: CA$6.19 Million CAD
Based on the latest financial reports, Forward Water Technologies Corp (FWTC) holds total assets worth CA$6.19 Million CAD as of September 2024.
Total assets represent everything the company owns and controls, combining both current assets—like cash and cash equivalents, accounts receivable, and inventories—and non-current assets such as property, plant, equipment (PP&E), intangible assets, and long-term investments.
Forward Water Technologies Corp - Total Assets Trend (2021–2024)
This chart illustrates how Forward Water Technologies Corp’s total assets have evolved over time, based on quarterly financial data. Explore and compare other companies by total assets.
Forward Water Technologies Corp - Asset Composition Analysis
Current Asset Composition (March 2024)
Forward Water Technologies Corp's total assets of CA$6.19 Million consist of 14.5% current assets and 85.5% non-current assets.
| Asset Category | Amount (CAD) | % of Total Assets |
|---|---|---|
| Cash & Equivalents | CA$0.00 | 4.7% |
| Accounts Receivable | CA$71.00 | 0.0% |
| Inventory | CA$0.00 | 0.0% |
| Property, Plant & Equipment | CA$0.00 | 0.0% |
| Intangible Assets | CA$0.00 | 0.0% |
| Goodwill | CA$0.00 | 0.0% |
Asset Composition Trend (2021–2024)
This chart illustrates how Forward Water Technologies Corp's asset composition has evolved over time. Understanding changes in asset allocation can provide insights into the company's strategic shifts, capital allocation priorities, and business focus evolution.
Key Asset Composition Facts
- Current vs. Non-Current Assets: Forward Water Technologies Corp's current assets represent 14.5% of total assets in 2024, a decrease from 26.8% in 2021.
- Cash Position: Cash and equivalents constituted 4.7% of total assets in 2024, down from 13.4% in 2021.
- Tangible vs. Intangible: Intangible assets (including goodwill) make up 0.0% of total assets, unchanged from 0.0% in 2021.
- Asset Diversification: The largest asset category is accounts receivable at 0.0% of total assets.
Forward Water Technologies Corp Competitors by Total Assets
Key competitors of Forward Water Technologies Corp based on total assets are shown below.
| Company | Country | Total Assets |
|---|---|---|
|
Chengdu Xingrong Investment Co Ltd
SHE:000598
|
China | CN¥49.37 Billion |
|
Bohai Water Industry Co Ltd
SHE:000605
|
China | CN¥7.89 Billion |
|
Zhongshan Public Utilities Group Co Ltd
SHE:000685
|
China | CN¥35.67 Billion |
|
Guangdong Shunkong Development Co Ltd
SHE:003039
|
China | CN¥7.75 Billion |
|
Kangda International Environmental Company Limited
STU:27K
|
Germany | €19.06 Billion |
|
Luzhou Xinglu Water (Group) Co., Ltd.
F:2LX
|
Germany | €7.29 Billion |
|
Yunnan Water Investment Co. Limited
F:2WI
|
Germany | €44.47 Billion |
|
Gansu Dayu Water saving Group
SHE:300021
|
China | CN¥9.19 Billion |
Forward Water Technologies Corp - Asset Efficiency Metrics
Asset efficiency metrics measure how effectively a company uses its assets to generate revenue and profits. These indicators help investors evaluate management's ability to deploy capital efficiently.
Asset Turnover Ratio
Measures how efficiently a company uses its assets to generate sales
Lower asset utilization - Forward Water Technologies Corp generates 0.04x its asset value in annual revenue.
Return on Assets (ROA)
Measures how efficiently a company uses its assets to generate profits
Negative ROA - Forward Water Technologies Corp is currently not profitable relative to its asset base.
Forward Water Technologies Corp - Liquidity and Working Capital Analysis
Liquidity ratios measure a company's ability to pay off its short-term debts as they come due, using the company's current or quick assets. Working capital represents the operational liquidity available.
Key Liquidity Metrics
| Metric | Current | 1 Year Ago | 5 Years Ago |
|---|---|---|---|
| Current Ratio | 1.94 | 0.27 | 0.70 |
| Quick Ratio | 1.94 | 0.27 | 0.70 |
| Cash Ratio | 0.00 | 0.00 | 0.00 |
| Working Capital | CA$1.44 Million | CA$ -612.46K | CA$ -2.20 Million |
Forward Water Technologies Corp - Advanced Valuation Insights
This section examines the relationship between Forward Water Technologies Corp's asset base and its market valuation, helping to identify whether the company's assets are efficiently translated into market value.
Key Valuation Metrics
| Current Price-to-Book Ratio | 0.53 |
| Latest Market Cap to Assets Ratio | 0.72 |
| Asset Growth Rate (YoY) | -25.7% |
| Total Assets | CA$1.59 Million |
| Market Capitalization | $1.14 Million USD |
Valuation Analysis
Below Book Valuation: The market values Forward Water Technologies Corp's assets below their book value (0.72 x), which may indicate investor concerns about asset quality or future growth.
Significant Asset Reduction: Forward Water Technologies Corp's assets decreased by 25.7% over the past year, potentially indicating divestiture, restructuring, or challenging business conditions.
Annual Total Assets for Forward Water Technologies Corp (2021–2024)
The table below shows the annual total assets of Forward Water Technologies Corp from 2021 to 2024.
| Year | Total Assets | Change |
|---|---|---|
| 2024-03-31 | CA$1.59 Million | -25.72% |
| 2023-03-31 | CA$2.13 Million | -53.16% |
| 2022-03-31 | CA$4.56 Million | +315.14% |
| 2021-03-31 | CA$1.10 Million | -- |