Forward Water Technologies (TSXV:FWTC) Debt-to-Equity: 0.09 (As of Sep. 2024)

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TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
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What is Forward Water Technologies Debt-to-Equity?

Forward Water Technologies TSXV:FWTC 10 Debt-to-Equity is 0.09 as of Sep. 2024. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

Forward Water Technologies's Short-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.11 Mil. Forward Water Technologies's Long-Term Debt & Capital Lease Obligation for the quarter that ended in Sep. 2024 was C$0.27 Mil. Forward Water Technologies's Total Stockholders Equity for the quarter that ended in Sep. 2024 was C$4.14 Mil. Forward Water Technologies's debt to equity for the quarter that ended in Sep. 2024 was 0.09.

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 Forward Water Technologies's Debt-to-Equity or its related term are showing as below:

TSXV:FWTC's Debt-to-Equity is not ranked *
in the Utilities - Regulated industry.
Industry Median: 1
* Ranked among companies with meaningful Debt-to-Equity only.

Forward Water Technologies  (TSXV:FWTC) 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.

Forward Water Technologies Debt-to-Equity Related Terms

Forward Water Technologies Debt-to-Equity Historical Data

* Premium members only.

The historical data trend for Forward Water Technologies'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.

Forward Water Technologies Debt-to-Equity Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
Debt-to-Equity
-0.99 0.09 0.24 -1.80

Forward Water Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 0.61 0.44 -1.80 -1.21 0.09

TSXV:FWTC vs AWK, WTRG, AWR: Debt-to-Equity Comparison

For the Utilities - Regulated Water subindustry, Forward Water Technologies'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.

Forward Water Technologies Debt-to-Equity vs Utilities - Regulated Industry

For the Utilities - Regulated industry and Utilities sector, Forward Water Technologies's Debt-to-Equity distribution charts can be found below:

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


TSXV:FWTC
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Forward Water Technologies Corp TSXV:FWTC
Debt-to-Equity is just one metric. See GF Score™, valuation, warning signs, and more.
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Forward Water Technologies Debt-to-Equity Calculation

Debt to Equity measures the financial leverage a company has.

Forward Water Technologies's Debt to Equity Ratio for the fiscal year that ended in Mar. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.409 + 0.031) / -0.245
=-1.80

Forward Water Technologies's Debt to Equity Ratio for the quarter that ended in Sep. 2024 is calculated as

Debt to Equity=Total Debt / Total Stockholders Equity
=(Short-Term Debt & Capital Lease Obligation + Long-Term Debt & Capital Lease Obligation) / Total Stockholders Equity
=(0.111 + 0.274) / 4.143
=0.09

* 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.

Frequently Asked Questions Learn more about Debt-to-Equity →
What does a Debt-to-Equity of 0.09 mean?
Forward Water Technologies (TSXV:FWTC) has a Debt-to-Equity of 0.09 as of Sep. 2024. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Forward Water Technologies and its competitors.
Is Forward Water Technologies' Debt-to-Equity too high?
Forward Water Technologies' current Debt-to-Equity is 0.09. The Utilities - Regulated industry median Debt-to-Equity is 1.00. Forward Water Technologies' value of 0.09 is 91% below this industry median. Overall, Forward Water Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Forward Water Technologies' Debt-to-Equity compare to AWK and WTRG?
Forward Water Technologies' Debt-to-Equity of 0.09 can be compared against companies in the Utilities - Regulated industry. The industry median Debt-to-Equity is 1.00. Forward Water Technologies' value of 0.09 is 91% below this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Debt-to-Equity for an Utilities - Regulated company?
The median Debt-to-Equity among Utilities - Regulated companies is 1.00, based on 472 companies in the industry. Companies in the top quartile (top 25%) have a Debt-to-Equity significantly above this median, while those in the bottom quartile fall well below. However, Debt-to-Equity should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Forward Water Technologies's current Debt-to-Equity of 0.09 is 91% below the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Debt-to-Equity mean?
A high Debt-to-Equity can signal that a stock is expensive relative to its fundamentals. Debt-to-Equity ratio represents the ratio of total debt to total company equity. View historical data on Forward Water Technologies and its competitors. For the Utilities - Regulated industry, the median Debt-to-Equity is 1.00 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forward Water Technologies's current Debt-to-Equity is 0.09. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forward Water Technologies stock overvalued right now?
Forward Water Technologies (TSXV:FWTC) has a current Debt-to-Equity of 0.09. The current Debt-to-Equity is 0.09 and 91% below the Utilities - Regulated industry median of 1.00. Forward Water Technologies' overall GF Score™ is 10/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Debt-to-Equity calculated?
Debt-to-Equity is calculated from a company's financial statements. For Forward Water Technologies (TSXV:FWTC), the current Debt-to-Equity is 0.09 as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Forward Water Technologies Business Description

Address 1086 Modeland Road, Sarnia, ON, CAN, N7S 6L2
Forward Water Technologies Corp operates as a waste water treatment company. Its principal activity is the commercialization of its proprietary forward osmosis technology. The company's technology allows businesses to clean their wastewater that would otherwise require costly disposal.
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Debt-to-Equity is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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