Water Ways Technologies (TSXV:WWT) Cash-to-Debt : 0.00 (As of Sep. 2024)

View and export this data going back to 2007. Start your Free Trial

What is Water Ways Technologies Cash-to-Debt?

Cash to Debt Ratio measures the financial strength of a company. It is calculated as a company's cash, cash equivalents, and marketable securities divide by its debt. Water Ways Technologies's cash to debt ratio for the quarter that ended in Sep. 2024 was 0.00.

If Cash to Debt ratio is less than 1, the company cannot pay off its debt using the cash in hand. Here we can see, Water Ways Technologies couldn't pay off its debt using the cash in hand for the quarter that ended in Sep. 2024.

The historical rank and industry rank for Water Ways Technologies's Cash-to-Debt or its related term are showing as below:

During the past 13 years, Water Ways Technologies's highest Cash to Debt Ratio was No Debt. The lowest was 0.00. And the median was 1.56.

TSXV:WWT's Cash-to-Debt is not ranked ^*
in the Farm & Heavy Construction Machinery industry.
Industry Median: 0.61
* Ranked among companies with meaningful Cash-to-Debt only.

Water Ways Technologies Cash-to-Debt Historical Data

The historical data trend for Water Ways Technologies's Cash-to-Debt can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Note: An indication of "No Debt" does not necessarily mean that the company has no debt obligations; it could be due to missing data in the quarterly or annual report. Use caution when interpreting this information.

* Premium members only.

Water Ways Technologies Cash-to-Debt Chart

Water Ways Technologies Annual Data

Trend

Dec13

Dec14

Dec15

Dec16

Dec17

Dec19

Dec20

Dec21

Dec22

Dec23

Cash-to-Debt

Get a 7-Day Free Trial

0.13

0.18

1.83

0.44

0.09

Water Ways Technologies Quarterly Data
	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24	Sep24
Cash-to-Debt	Get a 7-Day Free Trial															0.12	0.09	0.14	0.01	-

Competitive Comparison of Water Ways Technologies's Cash-to-Debt

For the Farm & Heavy Construction Machinery subindustry, Water Ways Technologies's Cash-to-Debt, along with its competitors' market caps and Cash-to-Debt data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

Water Ways Technologies's Cash-to-Debt Distribution in the Farm & Heavy Construction Machinery Industry

For the Farm & Heavy Construction Machinery industry and Industrials sector, Water Ways Technologies's Cash-to-Debt distribution charts can be found below:

* The bar in red indicates where Water Ways Technologies's Cash-to-Debt falls into.

Water Ways Technologies Cash-to-Debt Calculation

This is the ratio of a company's Cash, Cash Equivalents, Marketable Securities to its debt. The debt includes the Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation. This ratio measures the financial strength of a company. This ratio is updated quarterly.

Water Ways Technologies's Cash to Debt Ratio for the fiscal year that ended in Dec. 2023 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.267	/	(2.54	+	0.601)
	=	0.09

Water Ways Technologies's Cash to Debt Ratio for the quarter that ended in Sep. 2024 is calculated as:

Cash to Debt Ratio	=	Cash, Cash Equivalents, Marketable Securities	/	Total Debt
	=	Cash, Cash Equivalents, Marketable Securities	/	(Short-Term Debt & Capital Lease Obligation	+	Long-Term Debt & Capital Lease Obligation)
	=	0.007	/	(1.519	+	1.315)
	=	0.00

Water Ways Technologies (TSXV:WWT) Cash-to-Debt Explanation

If Cash to Debt ratio is greater than 1, the company can pay off its debt using the cash in hand. If it is smaller than 1, it means the company has more debt than the cash in hands. In this case, it is important to look the the company's Interest Coverage. Ben Graham requires that a company must have an Interest Coverage of at least 5.

Water Ways Technologies Cash-to-Debt Related Terms

Thank you for viewing the detailed overview of Water Ways Technologies's Cash-to-Debt provided by GuruFocus.com. Please click on the following links to see related term pages.

Water Ways Technologies Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Farm & Heavy Construction Machinery » Water Ways Technologies Inc (TSXV:WWT) » Definitions » Cash-to-Debt

Comparable Companies

Traded in Other Exchanges

WWTIF:USA WWT:Germany WWT:Germany

Address

77 King Street West, Suite 3000, P.O. Box 95, TD Centre, Toronto, ON, CAN, M5K 1G8

Website

https://www.water-ways-technologies.com

Water Ways Technologies Inc is an agro-tech company that specializes in providing water irrigation solutions to agricultural producers. It designs, supplies and installs an irrigation system for application in various agricultural and aquacultural operations. The company has an operation in China, Mexico, Peru, Laos, Ethiopia, and Georgia.

Executives

Ohad Haber

10% Security Holder, Director, Senior Officer

Water Ways Technologies Headlines

No Headlines