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 financial flexibility score to measure the company's free cash flow as a share of total liabilities.
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$4.14 Million CAD. See FWTC defensive asset coverage days to measure how many days the company can operate on defensive assets alone.
Annual Working Capital to Net Assets for Forward Water Technologies Corp (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Forward Water Technologies Corp from 2021 to 2024, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see how much is Forward Water Technologies Corp worth.
| Year | WC/NA Ratio | Working Capital (CAD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 502.3% | CA$-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 | — |