Water Ways Technologies Stock Net Income

WWT Stock  CAD 0.01  0.01  50.00%   
Water Ways Technologies fundamentals help investors to digest information that contributes to Water Ways' financial success or failures. It also enables traders to predict the movement of Water Stock. The fundamental analysis module provides a way to measure Water Ways' intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Water Ways stock.
Last ReportedProjected for Next Year
Net Loss-3.2 M-3.1 M
Net Loss-3.6 M-3.4 M
Net Loss-4.9 M-4.6 M
Net Loss(0.02)(0.02)
Net Income Per E B T 0.88  1.09 
Net Income Per E B T is likely to climb to 1.09 in 2024, despite the fact that Net Loss is likely to grow to (3.1 M).
  
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Water Ways Technologies Company Net Income Analysis

Water Ways' Net income is the profit of a company for the reporting period, which is derived after taking revenues and gains and subtracting all expenses and losses. Net income is one of the most-watched numbers by money managers as well as individual investors.

Net Income

 = 

(Rev + Gain)

-

(Exp + Loss)

More About Net Income | All Equity Analysis

Current Water Ways Net Income

    
  (3.23 M)  
Most of Water Ways' fundamental indicators, such as Net Income, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Water Ways Technologies is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Water Net Income Driver Correlations

Understanding the fundamental principles of building solid financial models for Water Ways is extremely important. It helps to project a fair market value of Water Stock properly, considering its historical fundamentals such as Net Income. Since Water Ways' main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of Water Ways' historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of Water Ways' interrelated accounts and indicators.
Because income is reported on the Income Statement of a company and is measured in dollars some investors prefer to use Profit Margin, which measures income as a percentage of sales.
Competition

Water Accumulated Other Comprehensive Income

Accumulated Other Comprehensive Income

121,143

At this time, Water Ways' Accumulated Other Comprehensive Income is fairly stable compared to the past year.
Based on the recorded statements, Water Ways Technologies reported net income of (3.23 Million). This is 101.24% lower than that of the Machinery sector and 100.45% lower than that of the Industrials industry. The net income for all Canada stocks is 100.56% higher than that of the company.

Water Net Income Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Water Ways' direct or indirect competition against its Net Income to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Water Ways could also be used in its relative valuation, which is a method of valuing Water Ways by comparing valuation metrics of similar companies.
Water Ways is currently under evaluation in net income category among its peers.

Water Fundamentals

About Water Ways Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Water Ways Technologies's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Water Ways using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Water Ways Technologies based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Additional Tools for Water Stock Analysis

When running Water Ways' price analysis, check to measure Water Ways' 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 Water Ways is operating at the current time. Most of Water Ways' value examination focuses on studying past and present price action to predict the probability of Water Ways' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Water Ways' price. Additionally, you may evaluate how the addition of Water Ways to your portfolios can decrease your overall portfolio volatility.