Forward Water Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Forward Water Technologies has a total shareholder equity of CA$777.5K and total debt of CA$338.7K, which brings its debt-to-equity ratio to 43.6%. Its total assets and total liabilities are CA$1.8M and CA$1.0M respectively.
Key information
43.6%
Debt to equity ratio
CA$338.65k
Debt
Interest coverage ratio | n/a |
Cash | CA$89.99k |
Equity | CA$777.54k |
Total liabilities | CA$1.05m |
Total assets | CA$1.83m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: FWTC's short term assets (CA$467.5K) do not cover its short term liabilities (CA$1.0M).
Long Term Liabilities: FWTC's short term assets (CA$467.5K) exceed its long term liabilities (CA$13.5K).
Debt to Equity History and Analysis
Debt Level: FWTC's net debt to equity ratio (32%) is considered satisfactory.
Reducing Debt: Insufficient data to determine if FWTC's debt to equity ratio has reduced over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: FWTC has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: FWTC has less than a year of cash runway if free cash flow continues to reduce at historical rates of 20.1% each year