Current Water Technologies Balance Sheet Health
Financial Health criteria checks 5/6
Current Water Technologies has a total shareholder equity of CA$307.1K and total debt of CA$120.0K, which brings its debt-to-equity ratio to 39.1%. Its total assets and total liabilities are CA$1.4M and CA$1.1M respectively.
Key information
39.1%
Debt to equity ratio
CA$120.00k
Debt
| Interest coverage ratio | n/a |
| Cash | CA$378.62k |
| Equity | CA$307.08k |
| Total liabilities | CA$1.09m |
| Total assets | CA$1.40m |
Recent financial health updates
No updates
Financial Position Analysis
Short Term Liabilities: WATR's short term assets (CA$1.3M) exceed its short term liabilities (CA$1.1M).
Long Term Liabilities: WATR's short term assets (CA$1.3M) exceed its long term liabilities (CA$2.0).
Debt to Equity History and Analysis
Debt Level: WATR has more cash than its total debt.
Reducing Debt: WATR's debt to equity ratio has increased from 1.4% to 39.1% 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: Whilst unprofitable WATR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: WATR is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 21.3% per year.