Current Water Technologies Financial Health
How is Current Water Technologies's financial position?
Financial Health Score4/6
Financial Health Score 4/6
Short Term Liabilities
Long Term Liabilities
Stable Cash Runway
Forecast Cash Runway
Financial Position Analysis
Short Term Liabilities: WATR's short term assets (CA$870.8K) do not cover its short term liabilities (CA$882.0K).
Long Term Liabilities: WATR's short term assets (CA$870.8K) exceed its long term liabilities (CA$233.1K).
Debt to Equity History and Analysis
Debt Level: WATR has more cash than its total debt.
Reducing Debt: Insufficient data to determine if WATR's debt to equity ratio has reduced over the past 5 years.
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: WATR has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: WATR has sufficient cash runway for 1.1 years if free cash flow continues to grow at historical rates of 9.2% each year.