Forward Water Technologies (TSXV:FWTC) LT-Debt-to-Total-Asset: 0.04 (As of Sep. 2024)


TSXV:FWTC Forward Water Technologies Corp TSXV:FWTC
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What is Forward Water Technologies LT-Debt-to-Total-Asset?

Forward Water Technologies TSXV:FWTC 10 LT-Debt-to-Total-Asset is 0.04 as of Sep. 2024. GuruFocus rates TSXV:FWTC with a GF Score™ of 10/100.

LT Debt to Total Assets is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. It is calculated as a company's Long-Term Debt & Capital Lease Obligationdivide by its Total Assets. Forward Water Technologies's long-term debt to total assests ratio for the quarter that ended in Sep. 2024 was 0.04.

Forward Water Technologies's long-term debt to total assets ratio increased from Sep. 2023 (0.00) to Sep. 2024 (0.04). It may suggest that Forward Water Technologies is progressively becoming more dependent on debt to grow their business.

Forward Water Technologies  (TSXV:FWTC) LT-Debt-to-Total-Asset Explanation

LT Debt to Total Asset is a measurement representing the percentage of a corporation's assets that are financed with loans and financial obligations lasting more than one year. The ratio provides a general measure of the financial position of a company, including its ability to meet financial requirements for outstanding loans. A year-over-year decrease in this metric would suggest the company is progressively becoming less dependent on debt to grow their business.

Forward Water Technologies LT-Debt-to-Total-Asset Related Terms

Forward Water Technologies LT-Debt-to-Total-Asset Historical Data

* Premium members only.

The historical data trend for Forward Water Technologies's LT-Debt-to-Total-Asset 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 LT-Debt-to-Total-Asset Chart

Forward Water Technologies Annual Data
Trend Mar21 Mar22 Mar23 Mar24
LT-Debt-to-Total-Asset
0.24 0.07 0.00 0.02

Forward Water Technologies Quarterly Data
Sep20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
LT-Debt-to-Total-Asset 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 0.00 0.00 0.02 0.02 0.04
TSXV:FWTC
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Forward Water Technologies Corp TSXV:FWTC
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Forward Water Technologies LT-Debt-to-Total-Asset Calculation

Forward Water Technologies's Long-Term Debt to Total Asset Ratio for the fiscal year that ended in Mar. 2024 is calculated as

LT Debt to Total Assets (A: Mar. 2024 )=Long-Term Debt & Capital Lease Obligation (A: Mar. 2024 )/Total Assets (A: Mar. 2024 )
=0.031/1.585
=0.02

Forward Water Technologies's Long-Term Debt to Total Asset Ratio for the quarter that ended in Sep. 2024 is calculated as

LT Debt to Total Assets (Q: Sep. 2024 )=Long-Term Debt & Capital Lease Obligation (Q: Sep. 2024 )/Total Assets (Q: Sep. 2024 )
=0.274/6.194
=

* 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 LT-Debt-to-Total-Asset →
What does a LT-Debt-to-Total-Asset of 0.04 mean?
Forward Water Technologies (TSXV:FWTC) has a LT-Debt-to-Total-Asset of 0.04 as of Sep. 2024. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Forward Water Technologies and its competitors.
Is Forward Water Technologies' LT-Debt-to-Total-Asset too high?
Forward Water Technologies' current LT-Debt-to-Total-Asset is 0.04. 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' LT-Debt-to-Total-Asset compare to AWK and WTRG?
Forward Water Technologies' LT-Debt-to-Total-Asset of 0.04 can be compared against companies in the Utilities - Regulated industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good LT-Debt-to-Total-Asset for an Utilities - Regulated company?
A good LT-Debt-to-Total-Asset depends on the Utilities - Regulated industry context. However, LT-Debt-to-Total-Asset should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high LT-Debt-to-Total-Asset mean?
A high LT-Debt-to-Total-Asset can signal that a stock is expensive relative to its fundamentals. Long-term Debt to Total Asset ratio is the ratio of total long-term debt to total assets. View historical data on Forward Water Technologies and its competitors. Forward Water Technologies's current LT-Debt-to-Total-Asset is 0.04. 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 LT-Debt-to-Total-Asset of 0.04. The current LT-Debt-to-Total-Asset is 0.04. 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 LT-Debt-to-Total-Asset calculated?
LT-Debt-to-Total-Asset is calculated from a company's financial statements. For Forward Water Technologies (TSXV:FWTC), the current LT-Debt-to-Total-Asset is 0.04 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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