Forward Water Technologies Stock Current Asset
| FWTC Stock | 0.08 0.01 14.29% |
Forward Water Technologies fundamentals help investors to digest information that contributes to Forward Water's financial success or failures. It also enables traders to predict the movement of Forward Stock. The fundamental analysis module provides a way to measure Forward Water's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Forward Water stock.
Total Current Assets is likely to drop to about 218.6 K in 2024. Non Current Assets Total is likely to drop to about 1.1 M in 2024. Forward | Current Asset |
Forward Water Technologies Company Current Asset Analysis
Forward Water's Current Asset is all of the company's assets that can be used to pay off current liabilities within the current fiscal period or over the next 12 months. Current Asset includes cash or cash equivalents, accounts receivable, short-term investments, and the portion of prepaid liabilities which will be paid within the next 12 months. Because these assets are easily turned into cash, they are sometimes referred to as liquid assets.
Current Asset is important to company's creditors and private equity firms as they will often be interested in how much that company has in current assets since these assets can be easily liquidated in case the company goes bankrupt. However, it is usually not enough to know if a company is in good shape just based on current asset alone; the amount of current liabilities should always be considered.
| Competition |
Forward Net Tangible Assets
Net Tangible Assets |
|
In accordance with the recently published financial statements, Forward Water Technologies has a Current Asset of 0.0. This is 100.0% lower than that of the Water Utilities sector and about the same as Utilities (which currently averages 0.0) industry. The current asset for all Canada stocks is 100.0% higher than that of the company.
Forward Current Asset Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Forward Water's direct or indirect competition against its Current Asset to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Forward Water could also be used in its relative valuation, which is a method of valuing Forward Water by comparing valuation metrics of similar companies.Forward Water is currently under evaluation in current asset category among its peers.
Forward Fundamentals
| Return On Equity | -10.2 | ||||
| Return On Asset | -0.71 | ||||
| Operating Margin | (27.03) % | ||||
| Current Valuation | 933.75 K | ||||
| Shares Outstanding | 49.17 M | ||||
| Shares Owned By Insiders | 41.82 % | ||||
| Number Of Shares Shorted | 2.22 K | ||||
| Price To Book | 0.83 X | ||||
| Price To Sales | 44.94 X | ||||
| Revenue | 71.06 K | ||||
| Gross Profit | 281.01 K | ||||
| EBITDA | (1.73 M) | ||||
| Net Income | (2.2 M) | ||||
| Total Debt | 408.89 K | ||||
| Book Value Per Share | (0.04) X | ||||
| Cash Flow From Operations | (997.01 K) | ||||
| Short Ratio | 0.04 X | ||||
| Earnings Per Share | (0.12) X | ||||
| Beta | 1.67 | ||||
| Market Capitalization | 3.44 M | ||||
| Total Asset | 1.59 M | ||||
| Retained Earnings | (14.86 M) | ||||
| Working Capital | (1.23 M) | ||||
| Net Asset | 1.59 M |
About Forward Water Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Forward Water Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Forward Water using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Forward Water Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
Thematic Opportunities
Explore Investment Opportunities
Additional Tools for Forward Stock Analysis
When running Forward Water's price analysis, check to measure Forward Water's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Forward Water is operating at the current time. Most of Forward Water's value examination focuses on studying past and present price action to predict the probability of Forward Water's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Forward Water's price. Additionally, you may evaluate how the addition of Forward Water to your portfolios can decrease your overall portfolio volatility.