Current Water Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Current Water Technologies has a total shareholder equity of CA$669.1K and total debt of CA$0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are CA$1.8M and CA$1.2M respectively.

Key information

Debt to equity ratio

CA$0

Debt

Interest coverage ratio	n/a
Cash	CA$265.78k
Equity	CA$669.13k
Total liabilities	CA$1.15m
Total assets	CA$1.82m

Recent financial health updates

No updates

Recent updates

Estimating The Intrinsic Value Of Current Water Technologies Inc. (CVE:WATR)

Aug 23

Financial Position Analysis

Short Term Liabilities: WATR's short term assets (CA$932.0K) exceed its short term liabilities (CA$322.9K).

Long Term Liabilities: WATR's short term assets (CA$932.0K) exceed its long term liabilities (CA$827.8K).

Debt to Equity History and Analysis

Debt Level: WATR is debt free.

Reducing Debt: WATR currently has no debt however we can't compare to 5 years ago as we have no data for that period.

Debt Coverage: WATR has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: WATR has no debt, therefore coverage of interest payments is not a concern.

Current Water Technologies Balance Sheet Health

Financial Health criteria checks 6/6

Key information

Recent financial health updates

Recent updates

Current Water Technologies Inc., Annual General Meeting, Dec 20, 2024

Second quarter 2024 earnings released: EPS: CA$0 (vs CA$0.001 in 2Q 2023)

First quarter 2024 earnings released: EPS: CA$0 (vs CA$0.002 in 1Q 2023)

Current Water Technologies Inc. announced that it has received CAD 0.5 million in funding

Current Water Technologies Inc. announced that it expects to receive CAD 0.5 million in funding

Full year 2023 earnings released: EPS: CA$0.002 (vs CA$0.005 loss in FY 2022)

Third quarter 2023 earnings released: EPS: CA$0.002 (vs CA$0.001 in 3Q 2022)

Current Water Technologies Inc., Annual General Meeting, Dec 21, 2023

Second quarter 2023 earnings released: EPS: CA$0.001 (vs CA$0.002 loss in 2Q 2022)

Estimating The Intrinsic Value Of Current Water Technologies Inc. (CVE:WATR)

First quarter 2023 earnings released: EPS: CA$0.002 (vs CA$0 in 1Q 2022)

Full year 2022 earnings released: CA$0.005 loss per share (vs CA$0.008 loss in FY 2021)

Insufficient new directors

Third quarter 2022 earnings released: EPS: CA$0.001 (vs CA$0.003 loss in 3Q 2021)

Current Water Technologies Inc., Annual General Meeting, Dec 23, 2022

Current Water Technologies Inc. Files Patent Cooperation Treaty Application to Secure Patent Protection Internationally for its Novel AmmEl-H2 Hydrogen Recovery Technology

Current Water Technologies Inc. Files Provisional Patent Application for Its Ammel-Aqua Technology

Second quarter 2022 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 2Q 2021)

Current Water Technologies Inc. Completes Fabrication and Testing of Patent-Pending AmmEL-H2 Green Hydrogen Pilot System

First quarter 2022 earnings released: EPS: CA$0 (vs CA$0.002 loss in 1Q 2021)

Full year 2021 earnings released: CA$0.008 loss per share (vs CA$0.002 loss in FY 2020)

Current Water Technologies Inc. Provides Sales Guidance for the Year 2022

Current Water Technologies Inc. Completes Successful Inhouse Test Program of Its Novel Ammonia Treatment System

Second quarter 2021 earnings released: CA$0.001 loss per share (vs CA$0.001 profit in 2Q 2020)

First quarter 2021 earnings released: CA$0.002 loss per share (vs CA$0.001 loss in 1Q 2020)

Current Water Technologies Inc. announced that it has received CAD 1.6 million in funding

Current Water Technologies Inc. announced that it expects to receive CAD 1 million in funding

First half earnings released

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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