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Two Rivers Water & Farming

OTCPK:TURV
Snowflake Description

Acceptable track record and slightly overvalued.

The Snowflake is generated from 30 checks in 5 different areas, read more below.
TURV
OTCPK
$25M
Market Cap
  1. Home
  2. US
  3. Real Estate
Company description

Two Rivers Water & Farming Company owns a portfolio of water rights in the Arkansas River Basin in southeastern Colorado. The last earnings update was 11 days ago. More info.


Add to Portfolio Compare Print
  • Two Rivers Water & Farming has significant price volatility in the past 3 months.
TURV Share Price and Events
7 Day Returns
-12.3%
OTCPK:TURV
-2.2%
US Real Estate
-2.1%
US Market
1 Year Returns
150%
OTCPK:TURV
-17.2%
US Real Estate
1.3%
US Market
TURV Shareholder Return
  7 Day 30 Day 90 Day 1 Year 3 Year 5 Year
Two Rivers Water & Farming (TURV) -12.3% 8.7% 170.3% 150% 47.1% -58.3%
US Real Estate -2.2% -9.8% -12.3% -17.2% 13.7% -0.3%
US Market -2.1% -4.2% 0% 1.3% 33.5% 38%
1 Year Return vs Industry and Market
  • TURV outperformed the Real Estate industry which returned -17.2% over the past year.
  • TURV outperformed the Market in United States of America which returned 1.3% over the past year.
Price Volatility
TURV
Industry
5yr Volatility vs Market

Value

 Is Two Rivers Water & Farming 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 Two Rivers Water & Farming. This is due to cash flow or dividend data being unavailable. The share price is $0.5.
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 Two Rivers Water & Farming's earnings, growth and assets is considered below, and whether this is a fair price.
Price based on past earnings
Are Two Rivers Water & Farming's earnings available for a low price, and how does this compare to other companies in the same industry?
Raw Data
OTCPK:TURV PE (Price to Earnings) Ratio Data Sources
Data Point Source Value
Earnings Per Share * Company Filings (2019-03-31) in USD $0.10
OTCPK:TURV Share Price ** OTCPK (2019-05-24) in USD $0.5
United States of America Real Estate Industry PE Ratio Median Figure of 26 Publicly-Listed Real Estate Companies 14.91x
United States of America Market PE Ratio Median Figure of 3,082 Publicly-Listed Companies 17.36x

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

** Primary Listing of Two Rivers Water & Farming.

OTCPK:TURV PE (Price to Earnings) Ratio Calculation
Calculation Outcome
PE Ratio

= OTCPK:TURV Share Price ÷ EPS (both in USD)

= 0.5 ÷ 0.10

4.83x

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

  • Two Rivers Water & Farming is good value based on earnings compared to the US Real Estate industry average.
  • Two Rivers Water & Farming is good value based on earnings compared to the United States of America market.
Price based on expected Growth
Does Two Rivers Water & Farming's expected growth come at a high price?
Raw Data
OTCPK:TURV PEG (Price to Earnings to Growth) Ratio Data Sources
Data Point Source Value
PE Ratio See PE Ratio Section 4.83x
Net Income Annual Growth Rate See Future Growth Section.
Line of Best Fit* through Consensus Estimate Earnings of 0 Analysts
Not available
United States of America Real Estate Industry PEG Ratio Median Figure of 12 Publicly-Listed Real Estate Companies 0.43x
United States of America Market PEG Ratio Median Figure of 2,120 Publicly-Listed Companies 1.5x

*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 Two Rivers Water & Farming, we can't assess if its growth is good value.
Price based on value of assets
What value do investors place on Two Rivers Water & Farming's assets?
Raw Data
OTCPK:TURV PB (Price to Book) Ratio Data Sources
Data Point Source Value
Book Value per Share Company Filings (2019-03-31) in USD $-0.26
OTCPK:TURV Share Price * OTCPK (2019-05-24) in USD $0.5
United States of America Real Estate Industry PB Ratio Median Figure of 51 Publicly-Listed Real Estate Companies 1.5x
United States of America Market PB Ratio Median Figure of 5,207 Publicly-Listed Companies 1.8x
OTCPK:TURV PB (Price to Book) Ratio Calculation
Calculation Outcome
PB Ratio

= OTCPK:TURV Share Price ÷ Book Value per Share (both in USD)

= 0.5 ÷ -0.26

-1.89x

* Primary Listing of Two Rivers Water & Farming.

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

  • Two Rivers Water & Farming has negative assets, we can't compare the value of its assets to the US Real Estate industry average.
X
Value checks
We assess Two Rivers Water & Farming'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 Real Estate 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 Real Estate industry average (and greater than 0)? (1 check)
  5. Two Rivers Water & Farming has a total score of 2/6, 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.

Future Performance

 How is Two Rivers Water & Farming 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 Two Rivers Water & Farming 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
4%
Expected Real Estate industry annual growth in earnings.
Earnings growth vs Low Risk Savings
Is Two Rivers Water & Farming expected to grow at an attractive rate?
  • Unable to compare Two Rivers Water & Farming's earnings growth to the low risk savings rate as no estimate data is available.
Growth vs Market Checks
  • Unable to compare Two Rivers Water & Farming's earnings growth to the United States of America market average as no estimate data is available.
  • Unable to compare Two Rivers Water & Farming's revenue growth to the United States of America market average as no estimate data is available.
Annual Growth Rates Comparison
Raw Data
OTCPK:TURV Future Growth Rates Data Sources
Data Point Source Value (per year)
United States of America Real Estate Industry Earnings Growth Rate Market Cap Weighted Average 4%
United States of America Real Estate Industry Revenue Growth Rate Market Cap Weighted Average 4.7%
United States of America Market Earnings Growth Rate Market Cap Weighted Average 13.7%
United States of America Market Revenue Growth Rate Market Cap Weighted Average 7.3%

*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
OTCPK:TURV Analysts Growth Expectations Data Sources
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below
All numbers in USD Millions and using Trailing twelve months (TTM) annual period rather than quarterly.
OTCPK:TURV Past Financials Data
Date (Data in USD Millions) Revenue Cash Flow Net Income *
2019-03-31 0 -1 4
2018-12-31 0 -1 4
2018-09-30 -2 -1 -3
2018-06-30 -1 -1 -1
2018-03-31 0 -2 -13
2017-12-31 1 -3 -12
2017-09-30 3 -3 -4
2017-06-30 2 -3 -5
2017-03-31 1 -3 -7
2016-12-31 0 -3 -8
2016-09-30 -1 -2 -7
2016-06-30 1 -3 -7

*GAAP earnings excluding extraordinary items.

Super high growth metrics
High Growth Checks
  • Unable to determine if Two Rivers Water & Farming is high growth as no earnings estimate data is available.
  • Unable to determine if Two Rivers Water & Farming 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
OTCPK:TURV Past and Future Earnings per Share
Data Point Source Value
Past Financials Company Filings (1 month ago) See Below
Future Estimates Average of up to 0 Analyst Estimates (S&P Global) See Below

All data from Two Rivers Water & Farming Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TURV Past Financials Data
Date (Data in USD Millions) EPS *
2019-03-31 0.10
2018-12-31 0.10
2018-09-30 -0.09
2018-06-30 -0.04
2018-03-31 -0.40
2017-12-31 -0.37
2017-09-30 -0.13
2017-06-30 -0.17
2017-03-31 -0.23
2016-12-31 -0.29
2016-09-30 -0.27
2016-06-30 -0.25

*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 Two Rivers Water & Farming will efficiently use shareholders’ funds in the future without estimates of Return on Equity.

Next steps:

  1. Take a look at our analysis of TURV’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. Two Rivers Water & Farming'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 Real Estate companies here
  3. While we do not consider unaudited financials to be a reliable enough to include in our analysis, you can access them on the OTC Markets Website. If you are looking for more of a qualitative research into the company, you can access Two Rivers Water & Farming's filings and announcements 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 Two Rivers Water & Farming'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 United States of America market? (1 check)
  3. Is the annual revenue growth rate expected to beat the average growth rate in revenue of the United States of America 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.
Two Rivers Water & Farming 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.

Past Performance

  How has Two Rivers Water & Farming 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 Two Rivers Water & Farming's growth in the last year to its industry (Real Estate).
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.
  • Two Rivers Water & Farming's year on year earnings growth rate has been positive over the past 5 years.
  • Two Rivers Water & Farming has become profitable in the last year making the earnings growth rate difficult to compare to the 5-year average.
  • Two Rivers Water & Farming has become profitable in the last year making it difficult to compare the US Real Estate industry average.
Earnings and Revenue History
Two Rivers Water & Farming'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 Two Rivers Water & Farming Company Filings, last reported 1 month ago, and in Trailing twelve months (TTM) annual period rather than quarterly.

OTCPK:TURV Past Revenue, Cash Flow and Net Income Data
Date (Data in USD Millions) Revenue Net Income * G+A Expenses R&D Expenses
2019-03-31 0.02 4.05 2.65
2018-12-31 0.07 3.52 2.97
2018-09-30 -2.19 -3.06 2.69
2018-06-30 -1.17 -1.28 2.67
2018-03-31 0.21 -12.93 2.45
2017-12-31 0.69 -11.88 2.41
2017-09-30 3.11 -4.10 2.20
2017-06-30 2.10 -5.04 2.19
2017-03-31 0.81 -6.82 2.61
2016-12-31 0.27 -8.10 3.71
2016-09-30 -0.64 -7.40 3.56
2016-06-30 1.04 -6.74 3.42
2016-03-31 1.03 -6.20 3.19
2015-12-31 1.03 -5.13 2.05
2015-09-30 3.08 -5.24 1.02
2015-06-30 2.46 -5.43 1.26
2015-03-31 2.43 -5.93 1.89
2014-12-31 2.44 -6.31 2.36
2014-09-30 2.12 -3.64 0.40
2014-06-30 2.05 -3.66 1.08
2014-03-31 2.10 -4.62 1.56
2013-12-31 2.09 -5.05 2.58
2013-09-30 1.67 -11.04 5.65
2013-06-30 1.10 -12.77 6.29
2013-03-31 1.07 -13.88 7.34
2012-12-31 1.08 -14.55 7.58
2012-09-30 0.49 -10.52 8.43
2012-06-30 0.09 -9.25 8.34

*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.
  • Two Rivers Water & Farming made outstanding use of shareholders’ funds last year (Return on Equity greater than 40%).
  • Two Rivers Water & Farming used its assets more efficiently than the US Real Estate industry average last year based on Return on Assets.
  • It is difficult to establish if Two Rivers Water & Farming 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 Two Rivers Water & Farming'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 Real Estate 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.
Two Rivers Water & Farming has a total score of 3/6, 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.

Health

 How is Two Rivers Water & Farming'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 Two Rivers Water & Farming's finances.

The net worth of a company is the difference between its assets and liabilities.
Net Worth
  • Two Rivers Water & Farming's short term (1 year) commitments are greater than its holdings of cash and other short term assets.
  • Two Rivers Water & Farming's long term commitments exceed its cash and other short term assets.
Balance sheet
This treemap shows a more detailed breakdown of Two Rivers Water & Farming'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 Two Rivers Water & Farming Company Filings, last reported 1 month ago.

OTCPK:TURV Past Debt and Equity Data
Date (Data in USD Millions) Total Equity Total Debt Cash & Short Term Investments
2019-03-31 9.28 9.10 0.07
2018-12-31 9.39 9.27 0.06
2018-09-30 10.16 9.54 0.14
2018-06-30 12.30 9.31 0.10
2018-03-31 9.86 19.01 0.06
2017-12-31 12.14 18.66 0.05
2017-09-30 21.23 18.43 0.22
2017-06-30 21.96 18.35 0.66
2017-03-31 22.38 17.28 0.48
2016-12-31 23.30 16.34 0.16
2016-09-30 26.45 18.72 0.67
2016-06-30 28.16 17.13 0.16
2016-03-31 30.16 14.94 0.28
2015-12-31 31.12 11.79 0.49
2015-09-30 30.16 15.15 0.66
2015-06-30 30.08 14.96 1.41
2015-03-31 30.91 11.93 1.25
2014-12-31 28.70 13.37 2.00
2014-09-30 30.23 11.72 0.84
2014-06-30 30.83 12.39 1.98
2014-03-31 28.30 12.82 2.31
2013-12-31 25.62 15.72 2.18
2013-09-30 27.63 13.34 1.20
2013-06-30 28.36 16.76 1.22
2013-03-31 28.62 16.26 1.52
2012-12-31 27.98 15.35 1.41
2012-09-30 17.39 18.76 0.34
2012-06-30 19.22 18.20 1.42
  • Two Rivers Water & Farming's level of debt (98%) compared to net worth is high (greater than 40%).
  • The level of debt compared to net worth has increased over the past 5 years (45.3% vs 98% today).
  • Operating cash flow is negative therefore debt is not well covered.
  • Unable to confirm if the interest payments on Two Rivers Water & Farming's debt are well covered by earnings due to lack of past financial data.
X
Financial health checks
We assess Two Rivers Water & Farming'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. Two Rivers Water & Farming has a total score of 0/6, 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.

Dividends

 What is Two Rivers Water & Farming'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 Two Rivers Water & Farming dividends.
If you bought $2,000 of Two Rivers Water & Farming shares you are expected to receive $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 Two Rivers Water & Farming's dividend yield against the bottom 25% of dividend payers as the company has not reported any payouts.
  • Unable to evaluate Two Rivers Water & Farming'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
OTCPK:TURV 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
United States of America Real Estate Industry Average Dividend Yield Market Cap Weighted Average of 16 Stocks 2.8%
United States of America Market Average Dividend Yield Market Cap Weighted Average of 2008 Stocks 2.5%
United States of America Minimum Threshold Dividend Yield 10th Percentile 0.8%
United States of America Bottom 25% Dividend Yield 25th Percentile 1.5%
United States of America Top 25% Dividend Yield 75th Percentile 3.8%

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 Two Rivers Water & Farming has not reported any payouts.
  • Unable to verify if Two Rivers Water & Farming's dividend has been increasing as the company has not reported any payouts.
Current Payout to shareholders
What portion of Two Rivers Water & Farming's earnings are paid to the shareholders as a dividend.
  • Unable to calculate sustainability of dividends as Two Rivers Water & Farming 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 Two Rivers Water & Farming's dividend by checking for:
  1. Firstly is the company paying a notable dividend (greater than 0.8%) - 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 Two Rivers Water & Farming afford to pay it from its earnings today and in 3 years (Payout ratio less than 90%)? (2 checks)
  7. Two Rivers Water & Farming 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.

Management

 What is the CEO of Two Rivers Water & Farming'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
Wayne Harding
COMPENSATION $179,550
AGE 63
TENURE AS CEO 2.9 years
CEO Bio

Mr. Wayne E. Harding, III, has been Chairman and Chief Executive Officer of Two Rivers Water & Farming Company (formerly, Navidec Financial Services) since since September 2016 and June 13, 2016 respectively. Mr. Harding has been Chief Financial Officer at Two Rivers Water & Farming Company since September 2009 and also serves as its President. He served as Controller of Two Rivers Water & Farming Company from 2008 to September 2009. Mr. Harding serves as Vice President, Secretary and Treasurer at TRWC, Inc. Mr. Harding serves as the Chief Financial Officer of GrowCo, Inc. and served as its President and Principal Accounting Officer. Mr. Harding has over 22 years of experience in accounting, auditing and public company reporting. He served as the Secretary of Two Rivers Water & Farming Company since September 11, 2009 until May 2017 and served as Chief Administrative Officer. He served as Vice President of Business Development at Rivet Software since December 2004. From August 2002 to December 2004, he was owner and President of Wayne Harding & Company Certified Public Accountants. He served as director-business development of CPA2Biz from 2000 to August 2002. He has been a Director of Two Rivers Water & Farming Company since June 13, 2016. He provided consulting services for AeroGrow from December 2003 through March 2004. He served as Independent Director of Aerogrow International, Inc. from December 09, 2011 until March 31, 2018. He serves as Director of Emperor Investments Ltd. He served as a Director of Aerogrow International, Inc. from October 2005 to April 2007. He served as a Director of Two Rivers Water Company from November 19, 2009 to October 2010. He served as President of the Colorado Society of Certified Public Accountants and member of the Governing Council for the American Institute of Certified Public Accountants. He holds Charter Global Management Accountant designation. Mr. Harding is a Certified Public Accountant licensed in Colorad. He holds BSBA in Accounting and an MBA from the University of Denver.

CEO Compensation
  • Wayne's compensation has been consistent with company performance over the past year, both up more than 20%.
  • Wayne's remuneration is lower than average for companies of similar size in United States of America.
Management Team

Wayne Harding

TITLE
Chairman
COMPENSATION
$180K
AGE
63
TENURE
2.9 yrs

Thomas Williams

TITLE
Secretary & Director
COMPENSATION
$2K
AGE
58
Board of Directors

Wayne Harding

TITLE
Chairman
COMPENSATION
$180K
AGE
63
TENURE
2.7 yrs

Thomas Williams

TITLE
Secretary & Director
COMPENSATION
$2K
AGE
58

James Kylstad

TITLE
Director
COMPENSATION
$2K
AGE
65

Layne Downs

TITLE
Director
COMPENSATION
$2K
AGE
64
Who owns this company?
Recent Insider Trading
  • No 3 month insider trading information.
Recent Insider Transactions
Announced Type Name Entity Role Start End Shares Max Price ($) Value ($)
X
Management checks
We assess Two Rivers Water & Farming'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. Two Rivers Water & Farming 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.

News

Simply Wall St News

Company Info

Description

Two Rivers Water & Farming Company owns a portfolio of water rights in the Arkansas River Basin in southeastern Colorado. It operates through Greenhouse and Water segments. As of December 31, 2018, the company managed a total of 6,265 acres of land. It also develops and leases greenhouses and warehouses. The company was formerly known as Two Rivers Water Company and changed its name to Two Rivers Water & Farming Company in December 2012. Two Rivers Water & Farming Company was founded in 2002 and is headquartered in Aurora, Colorado.

Details
Name: Two Rivers Water & Farming Company
TURV
Exchange: OTCPK
Founded: 2002
$25,175,090
50,350,180
Website: http://www.2riverswater.com
Address: Two Rivers Water & Farming Company
3025 South Parker Road,
Suite 140,
Aurora,
Colorado, 80014,
United States
Listings
Exchange Symbol Ticker Symbol Security Exchange Country Currency Listed on
OTCPK TURV Common Stock Pink Sheets LLC US USD 12. Sep 2007
Number of employees
Current staff
Staff numbers
3
Two Rivers Water & Farming employees.
Industry
Real Estate Operating Companies
Real Estate
Company Analysis and Financial Data Status
Area Date (UTC time)
Company Analysis updated: 2019/05/25 00:07
End of day share price update: 2019/05/24 00:00
Last earnings filing: 2019/05/14
Last earnings reported: 2019/03/31
Last annual earnings reported: 2018/12/31


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.