Forward Water Technologies Corp Working Capital to Net Assets Ratio
Forward Water Technologies Corp working capital to net assets ratio. Forward Water Technologies Corp (FWTC) has a Working Capital to Net Assets ratio of 34.8% as of September 2024. Working capital of CA$1.44 Million (current assets of CA$2.98 Million minus current liabilities of CA$1.54 Million) is measured against net assets of CA$4.14 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Forward Water Technologies Corp (2021–2024)
Working capital to net assets ratio of Forward Water Technologies Corp from 2021 to 2024. This chart shows how Forward Water Technologies Corp's Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 34.8%, reflecting working capital of CA$1.44 Million against net assets of CA$4.14 Million CAD. See FWTC cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
Forward Water Technologies Corp Working Capital to Net Assets Ratio by Year (2021–2024)
Forward Water Technologies Corp working capital to net assets ratio by year from 2021 to 2024. The table below presents the year-by-year Working Capital to Net Assets ratio for Forward Water Technologies Corp from 2021 to 2024, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For the complete balance sheet picture, see FWTC total assets.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 502.3% | CA$-1.23 Million | CA$-244.60K | CA$230.15K | CA$1.46 Million | ▲ +471.0 pp |
| 2023 | 31.3% | CA$447.57K | CA$1.43 Million | CA$1.13 Million | CA$682.65K | ▼ -58.9 pp |
| 2022 | 90.1% | CA$3.17 Million | CA$3.51 Million | CA$3.63 Million | CA$464.00K | ▼ -17.7 pp |
| 2021 | 107.9% | CA$-2.44 Million | CA$-2.27 Million | CA$294.32K | CA$2.74 Million | — |