Global Water Resources Balance Sheet Health
Financial Health criteria checks 2/6
Global Water Resources has a total shareholder equity of $48.6M and total debt of $107.5M, which brings its debt-to-equity ratio to 221.2%. Its total assets and total liabilities are $361.1M and $312.5M respectively. Global Water Resources's EBIT is $12.3M making its interest coverage ratio 2.5. It has cash and short-term investments of $3.1M.
Key information
221.2%
Debt to equity ratio
US$107.54m
Debt
Interest coverage ratio | 2.5x |
Cash | US$3.09m |
Equity | US$48.62m |
Total liabilities | US$312.48m |
Total assets | US$361.10m |
Recent financial health updates
Recent updates
Global Water Resources (NASDAQ:GWRS) Is Paying Out A Dividend Of $0.0248
Feb 08Global Water Resources (NASDAQ:GWRS) Has Announced A Dividend Of $0.0183
Jan 05Global Water Resources' (NASDAQ:GWRS) Upcoming Dividend Will Be Larger Than Last Year's
Dec 13Here's What To Make Of Global Water Resources' (NASDAQ:GWRS) Decelerating Rates Of Return
Dec 07Global Water Resources (NASDAQ:GWRS) Has Affirmed Its Dividend Of $0.0246
Nov 03Global Water Resources (NASDAQ:GWRS) Has Announced A Dividend Of $0.0246
Oct 04Global Water Resources declares $0.0246 dividend
Sep 30Global Water Resources declares $0.0246 dividend
Aug 31Global Water Resources Q2 2022 Earnings Preview
Aug 10Global Water Resources (NASDAQ:GWRS) Will Pay A Dividend Of $0.0246
Aug 04Global Water Resources announces public stock offering
Jul 27Global Water Resources declares $0.0246 dividend
Jun 30Global Water Resources (NASDAQ:GWRS) Has Re-Affirmed Its Dividend Of US$0.025
Jun 03Global Water Resources' (NASDAQ:GWRS) Dividend Will Be US$0.025
May 05Global Water Resources (NASDAQ:GWRS) Has Affirmed Its Dividend Of US$0.025
Mar 04Global Water Resources (NASDAQ:GWRS) Has Re-Affirmed Its Dividend Of US$0.025
Feb 03Global Water Resources: Focus On The Numbers, Not The Story
Dec 27Global Water: Onwards And Upwards
Nov 21Global Water Resources' (NASDAQ:GWRS) Dividend Will Be US$0.024
Nov 02Financial Position Analysis
Short Term Liabilities: GWRS's short term assets ($11.7M) do not cover its short term liabilities ($14.2M).
Long Term Liabilities: GWRS's short term assets ($11.7M) do not cover its long term liabilities ($298.3M).
Debt to Equity History and Analysis
Debt Level: GWRS's net debt to equity ratio (214.8%) is considered high.
Reducing Debt: GWRS's debt to equity ratio has reduced from 410.5% to 221.2% over the past 5 years.
Debt Coverage: GWRS's debt is well covered by operating cash flow (23.6%).
Interest Coverage: GWRS's interest payments on its debt are not well covered by EBIT (2.5x coverage).