Forward Water Technologies Corp (FWTC) — 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. See FWTC days of operational coverage to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Forward Water Technologies Corp Working Capital to Net Assets (2021–2024)
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$4.14 Million CAD. For the complete balance sheet picture, see how large is Forward Water Technologies Corp's balance sheet.
Annual Working Capital to Net Assets for Forward Water Technologies Corp (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Forward Water Technologies Corp from 2021 to 2024, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. Check Forward Water Technologies Corp (FWTC) asset resilience to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 502.3% | CA$-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 | — |