Water Ways Technologies Balance Sheet Health
Financial Health criteria checks 2/6
Water Ways Technologies has a total shareholder equity of $2.1M and total debt of $2.1M, which brings its debt-to-equity ratio to 98.2%. Its total assets and total liabilities are $8.5M and $6.4M respectively.
Key information
98.2%
Debt to equity ratio
US$2.07m
Debt
| Interest coverage ratio | n/a |
| Cash | US$257.00k |
| Equity | US$2.10m |
| Total liabilities | US$6.42m |
| Total assets | US$8.53m |
Recent financial health updates
Would Water Ways Technologies (CVE:WWT) Be Better Off With Less Debt?
Aug 23
Is Water Ways Technologies (CVE:WWT) Weighed On By Its Debt Load?
Dec 12Recent updates
Would Water Ways Technologies (CVE:WWT) Be Better Off With Less Debt?
Aug 23Water Ways Technologies Inc.'s (CVE:WWT) Share Price Not Quite Adding Up
Jul 01Is Water Ways Technologies (CVE:WWT) Weighed On By Its Debt Load?
Dec 12Estimating The Intrinsic Value Of Water Ways Technologies Inc. (CVE:WWT)
Feb 18Financial Position Analysis
Short Term Liabilities: WWT's short term assets ($6.4M) exceed its short term liabilities ($4.8M).
Long Term Liabilities: WWT's short term assets ($6.4M) exceed its long term liabilities ($1.6M).
Debt to Equity History and Analysis
Debt Level: WWT's net debt to equity ratio (86%) is considered high.
Reducing Debt: WWT's debt to equity ratio has increased from 13.5% to 98.2% 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: WWT has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: WWT has less than a year of cash runway if free cash flow continues to reduce at historical rates of 22.1% each year