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Alkaline Water Balance Sheet Health
Financial Health criteria checks 4/6
Key information
556.3%
Debt to equity ratio
US$6.39m
Debt
Interest coverage ratio | n/a |
Cash | US$2.19m |
Equity | US$1.15m |
Total liabilities | US$22.94m |
Total assets | US$24.08m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: WTER's short term assets ($22.2M) do not cover its short term liabilities ($22.9M).
Long Term Liabilities: WTER's short term assets ($22.2M) exceed its long term liabilities ($32.8K).
Debt to Equity History and Analysis
Debt Level: WTER's net debt to equity ratio (365.5%) is considered high.
Reducing Debt: WTER had negative shareholder equity 5 years ago, but is now positive and has therefore improved.
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: WTER has sufficient cash runway for 2 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: WTER is forecast to have sufficient cash runway for 1 months based on free cash flow estimates, but has since raised additional capital.