The company maintains a conservative capital structure with a 0.04 debt-to-equity ratio, though its $12.8 million equity base is significantly burdened by an accumulated deficit of $9.1 million.
| Total Current Assets | 25.34M | 25.84M | 39.98M | 4.31M |
| Cash & Short-Term Investments | - | - | - | - |
| Cash Only | - | - | - | - |
| Short-Term Investments | - | - | - | - |
| Accounts Receivable | - | - | - | - |
| Days Sales Outstanding | - | - | - | - |
| Inventory | - | - | - | - |
| Days Inventory Outstanding | - | - | - | - |
| Other Current Assets | 7.08M | 6.28M | 3.77M | 2.36M |
| Total Non-Current Assets | 5.39M | 6.84M | 793.63K | 1.48M |
| Property, Plant & Equipment | 590.31K | 1.19M | 23.99K | 114.03K |
| Fixed Asset Turnover | 12.62x | 8.47x | 239.20x | 2.22x |
| Goodwill | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 |
| Long-Term Investments | 3.07M | 4.24M | 0 | 0 |
| Other Non-Current Assets | - | - | - | - |
| Total Assets | 30.72M | 32.68M | 40.77M | 5.79M |
| Asset Turnover | 0.24x | 0.31x | 0.14x | 0.04x |
| Asset Growth % | -6% | -19.83% | 603.86% | - |
| Total Current Liabilities | 17.93M | 21.45M | 26.61M | 4.96M |
| Accounts Payable | 7.58M | 15.4M | 14.62M | 2.41M |
| Days Payables Outstanding | - | - | - | - |
| Short-Term Debt | 31.68K | 1.83M | 5.28M | 2.3M |
| Deferred Revenue (Current) | - | - | - | - |
| Other Current Liabilities | 0 | 0 | 0 | 0 |
| Current Ratio | 1.41x | 1.20x | 1.50x | 0.87x |
| Quick Ratio | 1.41x | 1.20x | 1.50x | 0.87x |
| Cash Conversion Cycle | - | - | - | - |
| Total Non-Current Liabilities | 30.56K | 490.78K | 0 | 18.39K |
| Long-Term Debt | 0 | 0 | 0 | 0 |
| Capital Lease Obligations | - | - | - | - |
| Deferred Tax Liabilities | - | - | - | - |
| Other Non-Current Liabilities | - | - | - | - |
| Total Liabilities | 17.96M | 21.94M | 26.61M | 4.98M |
| Total Debt | 525.36K | 2.86M | 5.29M | 2.41M |
| Net Debt | -7.19M | -2.09M | -13.81M | 680.23K |
| Debt / Equity | 0.04x | 0.27x | 0.37x | 2.95x |
| Debt / EBITDA | - | 0.85x | 1.67x | - |
| Net Debt / EBITDA | - | -0.62x | -4.37x | - |
| Interest Coverage | -39.75x | 19.53x | 211.39x | -331.08x |
| Total Equity | 12.77M | 10.74M | 14.16M | 816.84K |
| Equity Growth % | 18.86% | -24.14% | 1633.5% | - |
| Book Value per Share | 0.27 | 0.23 | 0.30 | 0.02 |
| Total Shareholders' Equity | 12.77M | 10.74M | 14.16M | 816.84K |
| Common Stock | 0 | 6.83K | 12.83M | 1.95K |
| Retained Earnings | -9.11M | 2.86M | 363.81K | -3.9M |
| Treasury Stock | 0 | 0 | 0 | 0 |
| Accumulated OCI | 57.16K | -26.31K | -111.86K | 1.19M |
| Minority Interest | 0 | 0 | 0 | 0 |
Capital depletion and scale
According to the most recent quarterly filings, Waton Financial Limited maintains a total asset base of $30.7 million, a figure that appears increasingly precarious as the firm struggles to reverse a significant revenue decline while simultaneously managing a substantial accumulated deficit of $9.1 million in retained earnings.
The trajectory of the balance sheet suggests a firm in a state of structural retrenchment rather than growth. The persistent accumulation of losses indicates that the current business model is failing to generate the returns necessary to replenish equity, leaving the company's long-term viability increasingly dependent on its remaining cash reserves.
Based on the reported 2024Q4 figures, the company holds $7.7 million in cash against a current ratio of 1.41, which suggests that while the firm possesses a short-term buffer, its liquidity position is rapidly narrowing as operating losses continue to consume available capital resources without a clear path to profitability.
The current ratio of 1.41 provides a superficial appearance of stability, but this metric masks the underlying reality of a business that is burning through its primary liquidity. Investors should monitor the rate of cash depletion closely, as the lack of recurring revenue growth may force management to choose between further cost-cutting or seeking external financing.
As reported in financial statements, the company's equity base of $12.8 million is heavily burdened by an accumulated deficit of $9.1 million, signaling that historical value creation has been severely impaired by the firm's inability to achieve operational scale in its brokerage and software licensing segments.
The quality of equity is currently low, as the retained earnings balance reflects years of value destruction rather than reinvestment. This erosion of shareholder capital suggests that the firm's primary challenge is not just operational efficiency, but a fundamental misalignment between its cost structure and the market's demand for its services.
Based on the provided data, Waton Financial maintains a negligible debt-to-equity ratio of 0.04%, which indicates that the firm has avoided traditional debt financing, likely as a strategic choice to preserve flexibility while navigating a period of significant revenue contraction and persistent operating losses.
While the low leverage profile is technically conservative, it may also reflect a lack of access to credit markets given the firm's negative profitability. The absence of debt does not mitigate the underlying operational risks, as the company remains vulnerable to its own high fixed-cost structure rather than external interest rate pressures.
Quick answers to the most common questions about buying WTF stock.
As of 2024, Waton Financial Limited Ordinary Shares (WTF) had total assets of $30.7M including $25.3M in current assets.
Waton Financial Limited Ordinary Shares (WTF) carries total debt of $0.5M. Comparing total debt to cash helps evaluate the company's debt burden and net leverage.
Waton Financial Limited Ordinary Shares (WTF) has total shareholders' equity (book value) of $12.8M ($0.27 book value per share). Book value represents the net worth of the company belonging to common stock holders.
Waton Financial Limited Ordinary Shares (WTF) reported a current ratio of 1.41x. A current ratio above 1.0x indicates that the company has more current assets than current liabilities, suggesting sufficient short-term liquidity.