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Earthworks Industries

TSXV:EWK
Snowflake Description

Worrying balance sheet with weak fundamentals.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
EWK
TSXV
CA$5M
Market Cap
  1. Home
  2. CA
  3. Commercial Services
Company description

Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services for private and public sectors. The last earnings update was 19 days ago. More info.


Add to Portfolio Compare Print
  • Earthworks Industries has significant price volatility in the past 3 months.
EWK Share Price and Events
7 Day Returns
0%
TSXV:EWK
-1.1%
CA Commercial Services
0.8%
CA Market
1 Year Returns
-39.1%
TSXV:EWK
-19.2%
CA Commercial Services
3.9%
CA Market
EWK Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Earthworks Industries (EWK) 0% -17.6% 27.3% -39.1% -62.2% -46.2%
CA Commercial Services -1.1% -0% -5.4% -19.2% 0.3% -49%
CA Market 0.8% 2.3% 7.9% 3.9% 15.4% 7.5%
1 Year Return vs Industry and Market
  • EWK underperformed the Commercial Services industry which returned -19.2% over the past year.
  • EWK underperformed the Market in Canada which returned 3.9% over the past year.
Price Volatility
EWK
Industry
5yr Volatility vs Market

EWK Value

 Is Earthworks Industries undervalued based on future cash flows and its price relative to the stock market?

Value is all about what a company is worth versus what price it is available for. If you went into a grocery store and all the bananas were on sale at half price, they could be considered undervalued.
INTRINSIC VALUE BASED ON FUTURE CASH FLOWS
  • It is not possible to calculate the future cash flow value for Earthworks Industries. This is due to cash flow or dividend data being unavailable. The share price is CA$0.07.
PRICE RELATIVE TO MARKET
We can also value a company based on what the stock market is willing to pay for it. This is similar to the price of fruit (e.g. Mangoes or Avocados) increasing when they are out of season, or how much your home is worth.

The amount the stock market is willing to pay for Earthworks Industries's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Earthworks Industries's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
TSXV:EWK PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2018-11-30) in CAD CA$-0.02
TSXV:EWK Share Price ** TSXV (2019-04-18) in CAD CA$0.07
Canada Commercial Services Industry PE Ratio Median Figure of 11 Publicly-Listed Commercial Services Companies 16.85x
Canada Market PE Ratio Median Figure of 556 Publicly-Listed Companies 15.29x

* Trailing twelve months (TTM) annual GAAP earnings per share excluding extraordinary items.

** Primary Listing of Earthworks Industries.

TSXV:EWK PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= TSXV:EWK Share Price ÷ EPS (both in CAD)

= 0.07 ÷ -0.02

-4.04x

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Earthworks Industries is loss making, we can't compare its value to the CA Commercial Services industry average.
  • Earthworks Industries is loss making, we can't compare the value of its earnings to the Canada market.
Price based on expected Growth
Does Earthworks Industries's expected growth come at a high price?
Raw Data
TSXV:EWK PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section -4.04x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
North America Commercial Services Industry PEG Ratio Median Figure of 36 Publicly-Listed Commercial Services Companies 1.65x
Canada Market PEG Ratio Median Figure of 256 Publicly-Listed Companies 1.21x

*Line of best fit is calculated by linear regression .

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to calculate PEG ratio for Earthworks Industries, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Earthworks Industries's assets?
Raw Data
TSXV:EWK PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2018-11-30) in CAD CA$0.04
TSXV:EWK Share Price * TSXV (2019-04-18) in CAD CA$0.07
Canada Commercial Services Industry PB Ratio Median Figure of 20 Publicly-Listed Commercial Services Companies 1.65x
Canada Market PB Ratio Median Figure of 2,377 Publicly-Listed Companies 1.51x
TSXV:EWK PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= TSXV:EWK Share Price ÷ Book Value per Share (both in CAD)

= 0.07 ÷ 0.04

1.83x

* Primary Listing of Earthworks Industries.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Earthworks Industries is overvalued based on assets compared to the CA Commercial Services industry average.
X
Value checks
We assess Earthworks Industries's value by looking at:
  1. Is the discounted cash flow value less than 20%, or 40% of the share price? (2 checks) ( Click here or on bar chart for details of DCF calculation. )
  2. Is the PE ratio less than the market average, and/ or less than the Commercial Services industry average (and greater than 0)? (2 checks)
  3. Is the PEG ratio within a reasonable range (0 to 1)? (1 check)
  4. Is the PB ratio less than the Commercial Services industry average (and greater than 0)? (1 check)
  5. Earthworks Industries has a total score of 0/6, see the detailed checks below.

    Note: We use GAAP Earnings per Share in all our calculations including PE and PEG Ratio.

    Full details on the Value part of the Simply Wall St company analysis model.

EWK Future Performance

 How is Earthworks Industries expected to perform in the next 1 to 3 years based on estimates from 0 analysts?

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as Earthworks Industries has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by Simply Wall St do have past financial data. You can see them here.

Show me the analysis anyway

The future performance of a company is measured in the same way as past performance, by looking at estimated growth and how much profit it is expected to make.

Future estimates come from professional analysts. Just like forecasting the weather, they don’t always get it right!
Annual Growth Rate
60.6%
Expected Commercial Services industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Earthworks Industries expected to grow at an attractive rate?
  • Unable to compare Earthworks Industries's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Earthworks Industries's earnings growth to the Canada market average as no estimate data is available.
  • Unable to compare Earthworks Industries's revenue growth to the Canada market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
TSXV:EWK Future Growth Rates Data Sources
Data Point Source Value (per year)
Canada Commercial Services Industry Earnings Growth Rate Market Cap Weighted Average 60.6%
Canada Commercial Services Industry Revenue Growth Rate Market Cap Weighted Average 9.7%
Canada Market Earnings Growth Rate Market Cap Weighted Average 17.9%
Canada Market Revenue Growth Rate Market Cap Weighted Average 7.1%

*Line of best fit is calculated by linear regression .

Industry and Market average data is calculated daily.

Learn more about our growth rate calculations in Simply Wall St’s analysis model.

Analysts growth expectations
Raw Data
TSXV:EWK Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in CAD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
TSXV:EWK Past Financials Data
Date (Data in CAD Millions) Revenue Cash Flow Net Income *
2018-11-30 -1 -1
2018-08-31 -1 -1
2018-05-31 -1 -1
2018-02-28 -1 -2
2017-11-30 -1 -2
2017-08-31 -1 -2
2017-05-31 0 -2
2017-02-28 0 -1
2016-11-30 0 -1
2016-08-31 0 0
2016-05-31 0 0
2016-02-29 0 0

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Earthworks Industries is high growth as no earnings estimate data is available.
  • Unable to determine if Earthworks Industries is high growth as no revenue estimate data is available.
Past and Future Earnings per Share
The accuracy of the analysts who estimate the future performance data can be gauged below. We look back 3 years and see if they were any good at predicting what actually occurred. We also show the highest and lowest estimates looking forward to see if there is a wide range.
Raw Data
TSXV:EWK Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (4 months ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Earthworks Industries Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EWK Past Financials Data
Date (Data in CAD Millions) EPS *
2018-11-30 -0.02
2018-08-31 -0.01
2018-05-31 -0.01
2018-02-28 -0.03
2017-11-30 -0.03
2017-08-31 -0.03
2017-05-31 -0.03
2017-02-28 -0.02
2016-11-30 -0.01
2016-08-31 -0.01
2016-05-31 -0.01
2016-02-29 -0.01

*GAAP earnings excluding extraordinary items.

Performance in 3 years
In the same way as past performance we look at the future estimated return (profit) compared to the available funds. We do this looking forward 3 years.
  • Unable to establish if Earthworks Industries will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of EWK’s management and see if the CEO’s compensation is within a reasonable range, who is on the board and if insiders have been trading lately.
  2. Earthworks Industries's future outlook can be gauged by looking at industry trends and market size, and determining how well-positioned the company is compared to its competitors. Take a look at other high-growth Commercial Services companies here
  3. Earthworks Industries's competitive advantages and company strategy can generally be found in its financial reports archived here.
  4. Use fundamentals to screen for another stock to analyse from our database of over 75,000 companies worldwide
X
Future performance checks
We assess Earthworks Industries's future performance by looking at:
  1. Is the annual earnings growth rate expected to beat the low risk savings rate, plus a premium to keep pace with inflation?
  2. Is the annual earnings growth rate expected to beat the average growth rate in earnings of the Canada market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the Canada market? (1 check)
  4. Is the annual earnings growth rate expected to be above 20%? (1 check)
  5. Is the annual revenue growth rate expected to be above 20%? (1 check)
  6. Is the Return on Equity in 3 years expected to be over 20%? (1 check)
Some of the above checks will fail if the company is expected to be loss making in the relevant year.
Earthworks Industries has a total score of 0/6, see the detailed checks below.

Note 1: We use GAAP Net Income Excluding Exceptional Items for our Earnings in all our calculations.

Full details on the Future part of the Simply Wall St company analysis model.

EWK Past Performance

  How has Earthworks Industries performed over the past 5 years?

The past performance of a company can be measured by how much growth it has experienced and how much profit it makes relative to the funds and assets it has available.
Past earnings growth
Below we compare Earthworks Industries's growth in the last year to its industry (Commercial Services).
Past Earnings growth analysis
We also check if the company has grown in the past 5 years, and whether it has maintained that growth in the year.
  • Earthworks Industries does not make a profit and their year on year earnings growth rate was negative over the past 5 years.
  • Unable to compare Earthworks Industries's 1-year earnings growth to the 5-year average as it is not currently profitable.
  • Unable to compare Earthworks Industries's 1-year growth to the CA Commercial Services industry average as it is not currently profitable.
Earnings and Revenue History
Earthworks Industries's revenue and profit over the past 5 years is shown below, any years where they have experienced a loss will show up in red.
Raw Data

All data from Earthworks Industries Company Filings, last reported 4 months ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

TSXV:EWK Past Revenue, Cash Flow and Net Income Data
Date (Data in CAD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2018-11-30 -1.15 0.64
2018-08-31 -0.82 0.67
2018-05-31 -0.99 0.73
2018-02-28 -1.61 1.21
2017-11-30 -1.56 1.03
2017-08-31 -1.64 0.96
2017-05-31 -1.60 0.90
2017-02-28 -0.87 0.31
2016-11-30 -0.75 0.31
2016-08-31 -0.47 0.31
2016-05-31 -0.48 0.33
2016-02-29 -0.49 0.35
2015-11-30 -0.75 0.60
2015-08-31 -1.00 0.66
2015-05-31 -0.98 0.66
2015-02-28 -1.17 0.68
2014-11-30 -1.09 0.46
2014-08-31 -1.20 0.59
2014-05-31 -0.33 0.59
2014-02-28 -0.26 0.59
2013-11-30 -0.21 0.58
2013-08-31 -1.77 0.58
2013-05-31 -2.64 0.58
2013-02-28 -2.67 0.63
2012-11-30 -2.67 0.64
2012-08-31 -1.04 0.41
2012-05-31 -1.29 0.64

*GAAP earnings excluding extraordinary items.

Performance last year
We want to ensure a company is making the most of what it has available. This is done by comparing the return (profit) to a company's available funds, assets and capital.
  • It is difficult to establish if Earthworks Industries has efficiently used shareholders’ funds last year (Return on Equity greater than 20%) as it is loss-making.
  • It is difficult to establish if Earthworks Industries has efficiently used its assets last year compared to the CA Commercial Services industry average (Return on Assets) as it is loss-making.
  • It is difficult to establish if Earthworks Industries improved its use of capital last year versus 3 years ago (Return on Capital Employed) as it is currently loss-making.
X
Past performance checks
We assess Earthworks Industries's performance over the past 5 years by checking for:
  1. Has earnings increased in past 5 years? (1 check)
  2. Has the earnings growth in the last year exceeded that of the Commercial Services industry? (1 check)
  3. Is the recent earnings growth over the last year higher than the average annual growth over the past 5 years? (1 check)
  4. Is the Return on Equity (ROE) higher than 20%? (1 check)
  5. Is the Return on Assets (ROA) above industry average? (1 check)
  6. Has the Return on Capital Employed (ROCE) increased from 3 years ago? (1 check)
The above checks will fail if the company has reported a loss in the most recent earnings report. Some checks require at least 3 or 5 years worth of data.
Earthworks Industries has a total score of 0/6, see the detailed checks below.

Note: We use GAAP Net Income excluding extraordinary items in all our calculations.

Full details on the Past part of the Simply Wall St company analysis model.

EWK Health

 How is Earthworks Industries's financial health and their level of debt?

A company's financial position is much like your own financial position, it includes everything you own (assets) and owe (liabilities).

The boxes below represent the relative size of what makes up Earthworks Industries's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Earthworks Industries's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Earthworks Industries's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Earthworks Industries's finances. If any of them are yellow this indicates they may be out of proportion and red means they relate to one of the checks below.
Assets
Liabilities and shares
The 'shares' portion represents any funds contributed by the owners (shareholders) and any profits.
  • Low level of unsold assets.
  • Debt is not covered by short term assets, assets are 0x debt.
Historical Debt
Nearly all companies have debt. Debt in itself isn’t bad, however if the debt is too high, or the company can’t afford to pay the interest on its debts this may have impacts in the future.

The graphic below shows equity (available funds) and debt, we ideally want to see the red area (debt) decreasing.

If there is any debt we look at the companies capability to repay it, and whether the level has increased over the past 5 years.
Raw Data

All data from Earthworks Industries Company Filings, last reported 4 months ago.

TSXV:EWK Past Debt and Equity Data
Date (Data in CAD Millions) Total Equity Total Debt Cash & Short Term Investments
2018-11-30 2.56 7.57 0.09
2018-08-31 3.07 7.00 0.19
2018-05-31 3.12 6.94 0.34
2018-02-28 3.14 7.25 0.77
2017-11-30 3.27 7.28 0.95
2017-08-31 3.44 7.01 1.08
2017-05-31 3.71 7.63 1.30
2017-02-28 2.22 7.66 0.05
2016-11-30 2.42 7.61 0.09
2016-08-31 2.52 7.28 0.04
2016-05-31 2.39 7.53 0.16
2016-02-29 2.52 7.59 0.01
2015-11-30 2.54 7.48 0.05
2015-08-31 2.62 7.45 0.02
2015-05-31 1.97 7.47 0.02
2015-02-28 1.96 7.48 0.02
2014-11-30 1.71 6.89 0.05
2014-08-31 1.38 6.94 0.12
2014-05-31 1.43 6.82 0.01
2014-02-28 1.21 7.22 0.01
2013-11-30 1.15 6.86 0.00
2013-08-31 1.45 6.77 0.01
2013-05-31 0.79 7.51 0.00
2013-02-28 0.99 7.21 0.00
2012-11-30 1.13 6.82 0.08
2012-08-31 3.03 5.27 0.01
2012-05-31 3.43 5.38 0.12
  • Earthworks Industries's level of debt (296.2%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has been reduced over the past 5 years (597.2% vs 296.2% today).
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.

  • Earthworks Industries has less than a year of cash runway based on current free cash flow.
  • Earthworks Industries has less than a year of cash runway if free cash flow continues to grow at historical rates of 26.2% each year.
X
Financial health checks
We assess Earthworks Industries's financial health by checking for:
  1. Are short term assets greater than short term liabilities? (1 check)
  2. Are short term assets greater than long term liabilities? (1 check)
  3. Has the debt to equity ratio increased in the past 5 years? (1 check)
  4. Is the debt to equity ratio over 40%? (1 check)
  5. Is the debt covered by operating cash flow? (1 check)
  6. Are earnings greater than 5x the interest on debt (if company pays interest at all)? (1 check)
  7. Earthworks Industries has a total score of 1/6, see the detailed checks below.
For companies that are loss making and have been so on average in the past we replace the last 2 checks with:
  1. Does cash and short term investments cover stable operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)
  2. Does cash and short term investments cover growing operating expenses (recurring G&A and R&D) for more than 3 years? (1 check)


Full details on the Health part of the Simply Wall St company analysis model.

EWK Dividends

 What is Earthworks Industries's current dividend yield, its reliability and sustainability?

Dividends are regular cash payments to you from the company, similar to a bank paying you interest on a savings account.
Annual Dividend Income
Dividend payments
0%
Current annual income from Earthworks Industries dividends.
If you bought CA$2,000 of Earthworks Industries shares you are expected to receive CA$0 in your first year as a dividend.
Dividend Amount
Here we look how much dividend is being paid, if any. Is it above what you can get in a savings account? It is up there with the best dividend paying companies?
  • Unable to evaluate Earthworks Industries's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Earthworks Industries's dividend against the top 25% market benchmark as the company has not reported any payouts.
Annualized Historical and Future Dividends
It is important to see if the dividend for a company is stable, and not wildly increasing/decreasing each year. This graph shows you the historical rate to count toward your assessment of the stock.

We also check to see if the dividend has increased in the past 10 years.
Raw Data
TSXV:EWK Annualized Past and Future Dividends
Data Point Source Value
Past Annualized Dividend Yield S&P Global Market Data See Below
Past Dividends per Share Company Filings/ Annualized Dividend Payments See Below
Future Dividends per Share Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
North America Commercial Services Industry Average Dividend Yield Market Cap Weighted Average of 46 Stocks 1.7%
Canada Market Average Dividend Yield Market Cap Weighted Average of 331 Stocks 3.4%
Canada Minimum Threshold Dividend Yield 10th Percentile 1.2%
Canada Bottom 25% Dividend Yield 25th Percentile 2%
Canada Top 25% Dividend Yield 75th Percentile 5.5%

Industry and Market average data is calculated daily.

Note all dividend per share amounts are annualized and not quarterly or other period.

Learn more about our ratios and growth rates in Simply Wall St’s analysis model >

  • Unable to perform a dividend volatility check as Earthworks Industries has not reported any payouts.
  • Unable to verify if Earthworks Industries's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Earthworks Industries's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Earthworks Industries has not reported any payouts.
Future Payout to shareholders
  • Insufficient estimate data to determine if a dividend will be paid in 3 years and that it will be sustainable.
X
Income/ dividend checks
We assess Earthworks Industries's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 1.2%) - if not then the rest of the checks are ignored.
  2. Is current dividend yield above the bottom 25% of dividend payers? (1 check)
  3. Is current dividend yield above the top 25% of dividend payers? (1 check)
  4. Have they paid a dividend for 10 years, and during this period has the dividend been volatile (drop of more than 25%)? (1 check)
  5. If they have paid a dividend for 10 years has it increased in this time? (1 check)
  6. How sustainable is the dividend, can Earthworks Industries afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Earthworks Industries has a total score of 0/6, see the detailed checks below.


Full details on the Dividends part of the Simply Wall St company analysis model.

EWK Management

 What is the CEO of Earthworks Industries's salary, the management and board of directors tenure and is there insider trading?

Management is one of the most important areas of a company. We look at unreasonable CEO compensation, how long the team and board of directors have been around for and insider trading.
CEO
David Atkinson
COMPENSATION CA$135,650
TENURE AS CEO 26.4 years
CEO Bio

Mr. David Brent Atkinson founded Earthworks Industries Inc. in 1993 and has been its President since November 12, 1992. Mr. Atkinson has been Chief Executive Officer of Earthworks Industries Inc. since April 30, 2004. He is responsible for the financial and strategic planning requirements of both Earthworks and its wholly owned U.S. subsidiary, Cortina Integrated Waste Management Inc. He has been President of Cortina Integrated Waste Management, Inc. since 1993. He has been involved in the investment industry for more than 30 years with both private and public companies. He served as Business Consultant of Earthworks Industries Inc., commencing August 1992. He more than 10 years working on the regulatory framework for development with First Nations in North America he has gained a wealth of experience as it relates to land use / permitting and environmental issues. He serves as Chairman of Earthworks Industries Inc. He is Independent Director of Esstra Industries Inc. since January 19, 2019. He has been Director of Nevado Resources Corporation since October 01, 2017. He has been Director of Earthworks Industries Inc. since November 12, 1992. Mr. Atkinson has been Director of Cortina Integrated Waste Management, Inc. since 1993.

CEO Compensation
  • David's compensation has increased whilst company is loss making.
  • David's remuneration is about average for companies of similar size in Canada.
Management Team Tenure

Average tenure of the Earthworks Industries management team in years:

15.3
Average Tenure
  • The average tenure for the Earthworks Industries management team is over 5 years, this suggests they are a seasoned and experienced team.
Management Team

David Atkinson

TITLE
Chairman
COMPENSATION
CA$136K
TENURE
26.4 yrs

David Russell

TITLE
CFO & Director
COMPENSATION
CA$31K
TENURE
5.8 yrs

Carl Jonsson

TITLE
Secretary
AGE
83
TENURE
15.3 yrs

Ross Campbell

TITLE
Executive
Board of Directors Tenure

Average tenure of the Earthworks Industries board of directors in years:

0.4
Average Tenure
  • The average tenure for the Earthworks Industries board of directors is less than 3 years, this suggests a new board.
Board of Directors

David Atkinson

TITLE
Chairman
COMPENSATION
CA$136K

David Russell

TITLE
CFO & Director
COMPENSATION
CA$31K
TENURE
0.4 yrs

David Andrews

TITLE
Director
TENURE
27.3 yrs

Calvin Woroniak

TITLE
Director
TENURE
0.3 yrs
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price (CA$) Value (CA$)
X
Management checks
We assess Earthworks Industries's management by checking for:
  1. Is the CEO's compensation unreasonable compared to market cap? (1 check)
  2. Has the CEO's compensation increased more than 20% whilst the EPS is down more then 20%? (1 check)
  3. Is the average tenure of the management team less than 2 years? (1 check)
  4. Is the average tenure of the board of directors team less than 3 years? (1 check)
  5. Earthworks Industries has a total score of 0/6, this is not included on the snowflake, see the detailed checks below.


Note: We use the top 6 management executives and board members in our calculations.

Note 2: Insider trading include any internal stakeholders and these transactions .

Full details on the Management part of the Simply Wall St company analysis model.

EWK News

Simply Wall St News

What Type Of Shareholder Owns Earthworks Industries Inc's (CVE:EWK)?

A look at the shareholders of Earthworks Industries Inc (CVE:EWK) can tell us which group is most powerful. … As Nassim Nicholas Taleb said, 'Don’t tell me what you think, tell me what you have in your portfolio.'. … Let's take a closer look to see what the different types of shareholder can tell us about EWK

Simply Wall St -

How Much Did Earthworks Industries Inc's (CVE:EWK) CEO Pocket Last Year?

David Atkinson took the reins as CEO of Earthworks Industries Inc's (CVE:EWK) and grew market cap to CA$8.68m recently. … Recognizing whether CEO incentives are aligned with shareholders is a crucial part of investing. … This is because, if incentives are aligned, more value is created for shareholders which directly impacts your returns as an investor.

Simply Wall St -

What does Earthworks Industries Inc's (CVE:EWK) Balance Sheet Tell Us About Its Future?

While small-cap stocks, such as Earthworks Industries Inc (CVE:EWK) with its market cap of CA$7.68m, are popular for their explosive growth, investors should also be aware of their balance sheet to judge whether the company can survive a downturn.

Simply Wall St -

Is Earthworks Industries Inc (CVE:EWK) A Financially Sound Company?

EWK's debt level has been constant at around CA$7.28M over the previous year made up of current and long term debt. … At this constant level of debt, EWK's cash and short-term investments stands at CA$953.84K for investing into the business. … Looking at EWK’s most recent CA$1.90M liabilities, the company has not been able to meet these commitments with a current assets level of CA$960.52K, leading to a 0.5x current account ratio.

Simply Wall St -

When Will Earthworks Industries Inc (CVE:EWK) Run Out Of Money?

Additional cash raising may dilute the value of your shares, and since Earthworks Industries is currently burning more cash than it is making, it’s likely the business will need funding for future growth. … See our latest analysis for Earthworks Industries What is cash burn? … Earthworks Industries currently has CA$1.08M in the bank, with negative cash flows from operations of -CA$564.48K.

Simply Wall St -

What You Must Know About Earthworks Industries Inc's (CVE:EWK) Market Risks

EWK's beta implies it may be a stock that investors with high-beta portfolios might find relevant if they wanted to reduce their exposure to market risk, especially during times of downturns. … I examine EWK’s ratio of fixed assets to total assets to see whether the company is highly exposed to the risk of this type of constraint. … As a result, the company may be less volatile relative to broad market movements, compared to a company of similar size but higher proportion of fixed assets.

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How Should Investors React To Earthworks Industries Inc's (CVE:EWK) CEO Pay?

Over the last year EWK delivered negative earnings of -CA$1.6M , which is a further decline from prior year's loss of -CA$0.5M. … During times of negative earnings, the company may be incurring a period of reinvestment and growth, or it can be an indication of some headwind. … Normally I'd use market cap and profit as factors determining performance, however, EWK's negative earnings lower the usefulness of my formula.

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January Insights Into Service Stocks: Earthworks Industries Inc (CVE:EWK)

Earthworks Industries Inc (TSXV:EWK), a CA$11.86M small-cap, is a commercial services company operating in an industry, which generally follows the ups and downs of the economic cycle, as its services cater to various industries across different sectors. … Check out our latest analysis for Earthworks Industries What’s the catalyst for Earthworks Industries's sector growth? … Next Steps: Earthworks Industries has been a commercial services industry laggard in the past year.

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Who Are The Major Shareholders In Earthworks Industries Inc (CVE:EWK)?

Today, I will be analyzing Earthworks Industries Inc’s (TSXV:EWK) recent ownership structure, an important but not-so-popular subject among individual investors. … See our latest analysis for Earthworks Industries TSXV:EWK Ownership_summary Jan 20th 18 Insider Ownership Another important group of shareholders are company insiders. … This level of ownership gives retail investors the power to sway key policy decisions such as board composition, executive compensation, and potential acquisitions.

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How Financially Strong Is Earthworks Industries Inc (CVE:EWK)?

At this constant level of debt, EWK's cash and short-term investments stands at CA$0.1M for investing into the business. … Moving onto cash from operations, its trivial cash flows from operations make the cash-to-debt ratio less useful to us, though these low levels of cash means that operational efficiency is worth a look. … Running high debt, while not yet making money, can be risky in unexpected downturns as liquidity may dry up, making it hard to operate.Next Steps: With a high level of debt on its balance sheet, EWK could still be in a financially strong position if its cash flow also stacked up.

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EWK Company Info

Description

Earthworks Industries Inc., a development stage company, focuses on providing waste disposal services for private and public sectors. It designs, constructs, and operates an integrated waste handling facility on 443 acres of the Cortina Rancheria in Colusa County California. The company was founded in 1993 and is headquartered in Vancouver, Canada.

Details
Name: Earthworks Industries Inc.
EWK
Exchange: TSXV
Founded: 1993
CA$4,676,233
66,803,332
Website: http://www.earthworksinc.com
Address: Earthworks Industries Inc.
800 West Pender Street,
Suite 615,
Vancouver,
British Columbia, V6C 2V6,
Canada
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
TSXV EWK Common Shares TSX Venture Exchange CA CAD 27. Apr 1990
OTCPK EAAT.F Common Shares Pink Sheets LLC US USD 27. Apr 1990
Number of employees
Current staff
Staff numbers
0
Earthworks Industries employees.
Industry
Environmental and Facilities Services
Commercial Services
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/04/20 23:35
End of day share price update: 2019/04/18 00:00
Last earnings filing: 2019/04/01
Last earnings reported: 2018/11/30
Last annual earnings reported: 2018/11/30


All dates and times in UTC. All financial data provided by Standard & Poor’s Capital IQ.

Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.