Forward Water Technologies Corp Total Assets
Forward Water Technologies Corp total assets. Based on the latest financial reports, Forward Water Technologies Corp (FWTC) holds total assets worth CA$6.19 Million CAD (≈ $4.48 Million USD) 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. Also see Forward Water Technologies Corp stock valuation for the company's overall valuation and market capitalisation.
Total Assets of Forward Water Technologies Corp (2021–2024)
Total assets of Forward Water Technologies Corp from 2021 to 2024. This chart illustrates how Forward Water Technologies Corp's total assets have evolved over time, based on quarterly financial data. See FWTC share price today for real-time trading data and today's change.
Forward Water Technologies Corp - Asset Composition Analysis
Forward Water Technologies Corp Total Assets Breakdown (March 2024)
Forward Water Technologies Corp total assets breakdown as of 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. Explore FWTC net working capital ratio to assess how much short-term liquidity the company maintains relative to its equity base.
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 |
|---|---|---|
|
Jiangsu Jingyuan Environmental Protection Co Ltd
SHG:688096
|
China | CN¥1.92 Billion |
|
Duxton Water Ltd
AU:D2O
|
Australia | AU$234.21 Million |
|
Rubicon Water Ltd
AU:RWL
|
Australia | AU$88.78 Million |
|
Clean TEQ Water Ltd
AU:CNQ
|
Australia | AU$16.94 Million |
|
Ekopak BV
BR:EKOP
|
Belgium | €162.86 Million |
|
Companhia de Saneamento de Minas Gerais
SA:CSMG3
|
Brazil | R$17.74 Billion |
|
Companhia de Saneamento Básico do Estado de São Paulo - SABESP
SA:SBSP3
|
Brazil | R$95.99 Billion |
|
Aguas Andinas S.A
SN:AGUAS-A
|
Chile | CL$3.15 Trillion |
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 | 0.56 |
| Asset Growth Rate (YoY) | -25.7% |
| Total Assets | CA$1.59 Million |
| Market Capitalization | $889.30K USD |
Valuation Analysis
Below Book Valuation: The market values Forward Water Technologies Corp's assets below their book value (0.56x), 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 ≈ $1.15 Million |
-25.72% |
| 2023-03-31 | CA$2.13 Million ≈ $1.54 Million |
-53.16% |
| 2022-03-31 | CA$4.56 Million ≈ $3.30 Million |
+315.14% |
| 2021-03-31 | CA$1.10 Million ≈ $794.10K |
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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