Current Water Financials
| WATR Stock | CAD 0.04 0.01 12.50% |
| Current Value | Last Year | Change From Last Year | 10 Year Trend | ||||||
|---|---|---|---|---|---|---|---|---|---|
| Current Ratio | 0.59 | 0.62 |
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Current | Select Account or Indicator |
Understanding current and past Current Water Financials, including the trends in assets, liabilities, equity and income are directly related to making proper and timely investing decisions. All of Current Water's financial statements are interrelated, with each one affecting the others. For example, an increase in Current Water's assets may result in an increase in income on the income statement.
The data published in Current Water's official financial statements usually reflect Current Water's business processes, product offerings, services, and other fundamental events. But there are other numbers, ratios, or fundamental indicators derived from these statements that are easier to understand and visualize within the underlying realities that drive quantitative information of Current Water Techno. For example, before you start analyzing numbers published by Current accountants, it's critical to develop an understanding of what Current Water's liquidity, profitability, and earnings quality are in the context of the Machinery space in which it operates.
Please note, the presentation of Current Water's financial position, as portrayed in its financial statements, is often influenced by management's estimates, judgments, and sometimes even manipulations. In the best case, Current Water's management is honest, while the outside auditors are strict and uncompromising. Whatever the case, the imprecision that can be found in Current Water's accounting process means that the reasonable investor should take a skeptical approach toward the financial statement analysis of Current Water Technologies. Please utilize our Beneish M Score to check the likelihood of Current Water's management manipulating its earnings.
Current Water Stock Summary
Current Water competes with Firan Technology, Baylin Technologies, and Cematrix. Current Water Technologies Inc. engages in the development of environmental technologies. Current Water Technologies Inc. was incorporated in 1996 and is headquartered in Guelph, Canada. CURRENT WATER operates under Pollution Treatment Controls classification in Canada and is traded on TSX Venture Exchange.| Foreign Associate | UK |
Specialization | Industrials, Pollution & Treatment Controls |
| Instrument | Canada Stock View All |
| Exchange | TSX Venture Exchange |
| ISIN | CA23131M1059 |
| Business Address | 70 Southgate Drive, |
| Sector | Machinery |
| Industry | Industrials |
| Benchmark | NYSE Composite |
| Website | www.currentwatertechnologies.com |
| Phone | 519 836 6155 |
| Currency | CAD - Canadian Dollar |
You should never invest in Current Water without having analyzed its financial statements. Do not rely on someone else's analysis or guesses about the future performance of Current Stock, because this is throwing your money away. Analyzing the key information contained in Current Water's financial statements can give you an edge over other investors and help to ensure that your investments perform well for you.
Current Water Key Financial Ratios
Generally speaking, Current Water's financial ratios allow both analysts and investors to convert raw data from Current Water's financial statements into concise, actionable information that can be used to evaluate the performance of Current Water over time and compare it to other companies across industries. There are many critical financial ratios that investors are exposed to on a daily basis, but they are usually grouped into few meaningful categories from each financial statement that Current Water Techno reports annually and quarterly.| Return On Equity | -0.43 | ||||
| Profit Margin | (0.05) % | ||||
| Operating Margin | 0.22 % |
Current Water Key Balance Sheet Accounts
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Assets | 1.1M | 1.3M | 1.5M | 902.8K | 812.5K | 1.2M | |
| Other Current Liab | 7K | 11K | 1K | 5K | 4.5K | 4.3K | |
| Net Debt | 446.5K | 371.0K | (265.7K) | 114.4K | 131.5K | 138.1K | |
| Retained Earnings | (27.1M) | (27.4M) | (28.9M) | (30.0M) | (27.0M) | (25.6M) | |
| Accounts Payable | 429.5K | 340.9K | 198.6K | 582.5K | 669.8K | 703.3K | |
| Cash | 72.3K | 132.5K | 635.3K | 118.7K | 106.8K | 101.5K | |
| Net Receivables | 60.4K | 154.8K | 84.2K | 37.1K | 33.4K | 31.7K | |
| Other Current Assets | 301.0 | 2.2K | 1.3K | 54.1K | 62.2K | 43.2K | |
| Total Liab | 1.5M | 1.4M | 1.3M | 1.4M | 1.6M | 1.7M | |
| Total Current Assets | 533.3K | 874.8K | 1.1M | 668.6K | 601.7K | 972.1K | |
| Inventory | 397.6K | 585.3K | 384.0K | 458.8K | 527.6K | 554.0K | |
| Intangible Assets | 2.6K | 2.4K | 2.3K | 4.4K | 4.0K | 3.8K | |
| Net Tangible Assets | (500.8K) | (355.7K) | (66.6K) | 214.4K | 246.6K | 258.9K | |
| Net Invested Capital | (324.2K) | 67.8K | 340.3K | (345.0K) | (396.7K) | (376.9K) | |
| Net Working Capital | (582.9K) | (155.0K) | 54.0K | (579.2K) | (666.0K) | (699.3K) |
Current Water Key Income Statement Accounts
An income statement is very similar to a cash flow statement, but instead of showing net revenue minus expenses, it only includes earnings before interest and taxes (EBIT). This number does not have all of the same line items that are on a cash flow statement, but it leaves out non-cash expenses like depreciation and amortization. For example, if you bought $100 worth of goods from Walmart (WMT) using your debit card that has an interest rate of 20%, then paid off the balance at the end of the month with a credit card that charges 30% interest, you would have an income statement showing EBIT of $80 because your expenses are lower than the amount that went into your pocket. The other reason investors look at the income statement is to determine what Current Water's earnings per share (EPS) will be in order to see if they want to buy more shares or not. For example, if a company earned $20 million in the last quarter and has 100,000 shares outstanding, its EPS is 20 cents. If you find that this number beats analysts' forecasts or is higher than it was from the same period last year, then you might want to buy more of this stock even though its price per share may not have changed.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Total Revenue | 2.4M | 1.4M | 1.2M | 2.2M | 2.6M | 2.7M | |
| Gross Profit | 943.3K | 431.9K | (630.9K) | 131.2K | 726.1K | 762.4K | |
| Operating Income | 58.5K | (272.8K) | (1.5M) | (1.0M) | (118.5K) | (124.5K) | |
| Ebit | 58.5K | (272.8K) | (1.5M) | (1.0M) | (937.2K) | (984.0K) | |
| Ebitda | 228.5K | (120.3K) | (1.4M) | (877.0K) | (789.3K) | (828.8K) | |
| Net Income | 20.0K | (307.8K) | (1.6M) | (1.1M) | (130.2K) | (136.8K) | |
| Income Before Tax | 20.0K | (307.8K) | (1.6M) | (1.1M) | (131.2K) | (137.8K) | |
| Cost Of Revenue | 1.5M | 980.3K | 1.8M | 2.0M | 1.8M | 1.5M | |
| Interest Expense | 38.5K | 32.4K | 27.3K | 12.5K | 8.9K | 8.4K | |
| Net Interest Income | (38.5K) | (32.4K) | (27.3K) | (16.4K) | (12.7K) | (13.4K) |
Current Water Key Cash Accounts
Cash flow analysis captures how much money flows into and out of Current Water Techno. It measures of how well Current is doing because it can show the actual money that comes into and out of the Company from sales instead of measuring expenses against revenue to determine earnings. You have to read the cash flow statement in three sections. The first section shows how much money Current Water brought in, usually known as net revenue or sales. This is different from earnings because it does not include expenses when determining net revenue for use on this part of the cash flow statement. Next, are operating activities, which show how much money Current had leftover after paying for its expenses. This number can be calculated in two ways: by subtracting the total of all operating expenses from net revenue or by adding up changes to cash and other assets or liabilities on this part of the statement. The third section is about investing activities, which shows what Current Water has done with the money that it received from the sale of assets or what it spent to acquire new ones. This section can be broken down into two parts: investing in existing businesses (in other words, buying more stock) and investing in non-business activities like paying off debt or making acquisitions.
| 2019 | 2020 | 2021 | 2022 | 2023 | 2024 (projected) | ||
| Change In Cash | (25.4K) | 60.3K | 502.8K | (516.6K) | 181.6K | 190.7K | |
| Free Cash Flow | 117.1K | (413.6K) | (1.1M) | (380.0K) | 315.8K | 331.6K | |
| Depreciation | 170.0K | 152.5K | 158.5K | 164.3K | 158.2K | 105.9K | |
| Net Income | 20.0K | (307.8K) | (1.6M) | (1.1M) | (130.2K) | (136.8K) | |
| End Period Cash Flow | 72.3K | 132.5K | 635.3K | 118.7K | 378.6K | 715.7K | |
| Other Non Cash Items | 596.5K | 778.9K | 311.0K | 339.4K | 390.3K | 288.3K | |
| Change To Inventory | (12.5K) | (187.7K) | 201.2K | (74.7K) | (67.8K) | (64.4K) | |
| Change To Netincome | 2.9M | 113.9K | 107.5K | 113.6K | 102.2K | 97.1K |
Current Financial Ratios Relationships
Comparative valuation techniques use various fundamental indicators to help in determining Current Water's current stock value. Our valuation model uses many indicators to compare Current Water value to that of its competitors to determine the firm's financial worth. You can analyze the relationship between different fundamental ratios across Current Water competition to find correlations between indicators driving Current Water's intrinsic value. More Info.Current Water Technologies is rated first in return on equity category among related companies. It is rated first in return on asset category among related companies . At this time, Current Water's Return On Equity is fairly stable compared to the past year.Comparative valuation analysis is a catch-all model that can be used if you cannot value Current Water by discounting back its dividends or cash flows. This model doesn't attempt to find an intrinsic value for Current Water's Stock. Still, instead, it compares the stock's price multiples to a benchmark or nearest competition to determine if the stock is relatively undervalued or overvalued. The reason why the comparable model can be used in almost all circumstances is due to the vast number of multiples that can be utilized, such as the price-to-earnings (P/E), price-to-book (P/B), price-to-sales (P/S), price-to-cash flow (P/CF), and many others. The P/E ratio is the most commonly used of these ratios because it focuses on the Current Water's earnings, one of the primary drivers of an investment's value.Current Water Techno Systematic Risk
Current Water's systematic risk plays a vital role in portfolio allocation when considering its stock to be added to a well-diversified portfolio. Current Water volatility which cannot be eliminated through diversification, requires returns over the risk-free rate. Over the long run, a well-diversified portfolio provides returns that match its exposure to systematic risk. In this case, investors face a trade-off between expected returns and systematic risk and, therefore, can only reduce a portfolio's exposure to systematic risk by sacrificing expected returns on the portfolio.
The output start index for this execution was twenty-five with a total number of output elements of thirty-six. The Beta measures systematic risk based on how returns on Current Water Techno correlated with the market. If Beta is less than 0 Current Water generally moves in the opposite direction as compared to the market. If Current Water Beta is about zero movement of price series is uncorrelated with the movement of the benchmark. if Beta is between zero and one Current Water Techno is generally moves in the same direction as, but less than the movement of the market. For Beta = 1 movement of Current Water is generally in the same direction as the market. If Beta > 1 Current Water moves generally in the same direction as, but more than the movement of the benchmark.
Current Water Technologies Total Assets Over Time
About Current Water Financials
What exactly are Current Water Financials? Typically, a company's financial statements are the reports that show the financial position of the company. Three primary documents fall into the category of financial statements. These documents include Current Water's income statement, its balance sheet, and the statement of cash flows. Potential Current Water investors and stakeholders use financial statements to determine how well the company is positioned to perform in the future. Although Current Water investors may use each financial statement separately, they are all related. The changes in Current Water's assets and liabilities, for example, are also reflected in the revenues and expenses that we see on Current Water's income statement, which results in the company's gains or losses. Cash flows can provide more information regarding cash listed on a balance sheet, but not equivalent to net income shown on the income statement. Please read more on our technical analysis and fundamental analysis pages.Steps to analyze Current Water Financials for Investing
There are several different ways that investors can use financial statements to try and predict whether a stock price will go up or down. Unfortunately, there is no surefire formula, but there are some general guidelines you should consider when looking at the numbers. First, realize what kind of company it is so you know if its revenues are more likely to grow or shrink over time. For example, a software company's revenue is expected to increase yearly due to new products and services that its customers will want to buy. At the same time, a car manufacturer might not be able to sell as many cars when the economy slows down, so it would have less net income during those times. Second, pay attention to its debt-to-equity ratio because this number will tell you how much risk it has. If a company such as Current Water is not taking on any additional risks, its debt-to-equity should be less than one. As a general rule of thumb, if the market value or book value (which can be found in the footnotes) of assets exceeds the company's liabilities, then it is probably in good shape. Finally, use other financial statements to determine if a stock price will go up or down because investors are always looking for growth opportunities when they buy new stocks. For example, if you see that the net revenue of Current has grown by more than 25% over the last five years, then there is a good chance that it will continue growing by at least 20% or more each year. On the other hand, if you see that net revenue has only increased by about 15%, which is barely above inflation levels, then chances are it will not grow much faster than this over time, and investors may shy away from buying it. In summary, you can determine if Current Water's financials are consistent with your investment objective using the following steps:- Review Current Water's balance sheet accounts, such as liabilities and equity, to understand its overall financial position.
- Analyze the income statement and examine the company's revenue, expenses, and profits over time to determine its financial performance.
- Study the cash flow inflows and outflows to understand Current Water's liquidity and solvency.
- Look at the growth rates in revenue, earnings, and cash flow over time to determine its potential for future growth.
- Compare Current Water's financials to those of its peers to see how it stacks up and identify any potential red flags.
- Use valuation ratios to evaluate the company's financials using commonly used ratios such as the price-to-earnings (P/E) ratio, price-to-sales (P/S) ratio, and enterprise value-to-earnings before interest, taxes, depreciation, and amortization (EV/EBITDA) ratio to determine if Current Water's stock is overvalued or undervalued.
Current Water Thematic Clasifications
Current Water Technologies is part of IT investing theme. If you are a theme-oriented, socially responsible, and at the same time, a result-driven investor, you can align your investing habits with your values without jeopardizing your expectations about returns. You can easily create an optimal portfolio of stocks, ETFs, funds, or cryptocurrencies based on a specific theme of your liking. Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains
This theme covers Information technology and IT services. Information Technology (IT) companies and IT service providers across different domains. Get More Thematic Ideas
| IT | View |
Today, most investors in Current Water Stock are looking for potential investment opportunities by analyzing not only static indicators but also various Current Water's growth ratios. Consistent increases or decreases in fundamental ratios usually indicate a possible pattern that can be successfully translated into profits. However, when comparing two companies, knowing each company's growth growth rates may not be enough to decide which company is a better investment. That's why investors frequently use static breakdown of Current Water growth as a starting point in their analysis.
Price Earnings To Growth Ratio |
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Current Water April 30, 2024 Opportunity Range
Along with financial statement analysis, the daily predictive indicators of Current Water help investors to analyze its daily demand and supply, volume, patterns, and price swings to determine the real value of Current Water Technologies. We use our internally-developed statistical techniques to arrive at the intrinsic value of Current Water Technologies based on widely used predictive technical indicators. In general, we focus on analyzing Current Stock price patterns and their correlations with different microeconomic environment and drivers. We also apply predictive analytics to build Current Water's daily price indicators and compare them against related drivers.
| Downside Deviation | 27.0 | |||
| Information Ratio | 0.0411 | |||
| Maximum Drawdown | 58.33 | |||
| Value At Risk | (25.00) | |||
| Potential Upside | 33.33 |
Check out Your Current Watchlist to better understand how to build diversified portfolios, which includes a position in Current Water Technologies. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area. You can also try the Balance Of Power module to check stock momentum by analyzing Balance Of Power indicator and other technical ratios.
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When running Current Water's price analysis, check to measure Current 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 Current Water is operating at the current time. Most of Current Water's value examination focuses on studying past and present price action to predict the probability of Current 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 Current Water's price. Additionally, you may evaluate how the addition of Current Water to your portfolios can decrease your overall portfolio volatility.
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