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Water Now, (Water Now,) Debt-to-Equity : -0.39 (As of Sep. 2020)


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What is Water Now, Debt-to-Equity?

Water Now,'s Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $3.13 Mil. Water Now,'s Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2020 was $0.48 Mil. Water Now,'s Total Stockholders Equity for the quarter that ended in Sep. 2020 was $-9.37 Mil. Water Now,'s debt to equity for the quarter that ended in Sep. 2020 was -0.38.

A high debt to equity ratio generally means that a company has been aggressive in financing its growth with debt. This can result in volatile earnings as a result of the additional interest expense.

The historical rank and industry rank for Water Now,'s Debt-to-Equity or its related term are showing as below:

WTNW's Debt-to-Equity is not ranked *
in the Industrial Products industry.
Industry Median: 0.29
* Ranked among companies with meaningful Debt-to-Equity only.

Water Now, Debt-to-Equity Historical Data

The historical data trend for Water Now,'s Debt-to-Equity 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.

* Premium members only.

Water Now, Debt-to-Equity Chart

Water Now, Annual Data
Trend Dec16 Dec17 Dec18 Dec19
Debt-to-Equity
-0.60 0.65 -0.93 -0.52

Water Now, Quarterly Data
Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20
Debt-to-Equity Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.64 -0.52 -0.43 -0.37 -0.39

Competitive Comparison of Water Now,'s Debt-to-Equity

For the Pollution & Treatment Controls subindustry, Water Now,'s Debt-to-Equity, along with its competitors' market caps and Debt-to-Equity 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 Now,'s Debt-to-Equity Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Water Now,'s Debt-to-Equity distribution charts can be found below:

* The bar in red indicates where Water Now,'s Debt-to-Equity falls into.



Water Now, Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Water Now,'s Debt to Equity Ratio for the fiscal year that ended in Dec. 2019 is calculated as

Water Now,'s Debt to Equity Ratio for the quarter that ended in Sep. 2020 is calculated as

* 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.


Water Now,  (OTCPK:WTNW) Debt-to-Equity Explanation

In the calculation of Debt to Equity, we use the total of Short-Term Debt & Capital Lease Obligation and Long-Term Debt & Capital Lease Obligation divided by Total Stockholders Equity. In some calculations, Total Liabilities is used to for calculation.


Be Aware

Because a company can increase its ROE % by having more financial leverage, it is important to watch the leverage ratio when investing in high ROE % companies.


Water Now, Debt-to-Equity Related Terms

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Water Now, (Water Now,) Business Description

Traded in Other Exchanges
N/A
Address
5000 South Freeway, Suite 110, Fort Worth, TX, USA, 76115
Water Now, Inc. is a United States based company engages in the development of a portable water purification device. The company develops and commercialize a patent-pending, gas/diesel powered, portable device that processes and purifies contaminated water. Its products include the Aqua 125 and Aqua 1000.
Executives
Jeffrey Thomas Olson officer: Vice President 7975 BRIAR RD AZLE TX 76020
Mark Dyos officer: President 4555 VILLAGE CREEK ROAD FORT WORTH TX 76119
David Gary King director, 10 percent owner, officer: CEO, CFO 4555 VILLAGE CREEK ROAD FORT WORTH TX 76119
Steve Clohessy 10 percent owner 6120 BLUFFPOINT DALLAS TX 75248

Water Now, (Water Now,) Headlines