WTER · Alkaline Water Co Inc - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q3 '23 | Q1 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $15.87M | $16.89M | $19.57M | $14.11M | $15.11M | $15.26M | $14.22M | $10.18M | $10.76M | - |
| Cost of Revenue | $11.95M | $13.40M | $14.95M | $9.31M | $10.13M | $10.09M | $8.37M | $5.99M | $6.33M | - |
| Gross Profit | $3.93M | $3.49M | $4.63M | $4.80M | $4.98M | $5.16M | $5.85M | $4.19M | $4.43M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $2.54M | $2.86M | $2.58M | $4.96M | $6.33M | $5.25M | $3.95M | $3.48M | $3.49M | - |
| Total Operating Expenses | $7.49M | $9.79M | $9.70M | $12.12M | $15.91M | $15.37M | $8.68M | $8.42M | $8.66M | - |
| D&A | $203.8K | $187.4K | $219.0K | $159.0K | $159.0K | $159.0K | $227.9K | $282.0K | $184.4K | - |
| Operating Income | ($3.56M) | ($6.29M) | ($5.07M) | ($7.32M) | ($10.92M) | ($10.21M) | ($2.83M) | ($4.22M) | ($4.23M) | - |
| Interest Expense | $424.6K | $1.20M | $922.0K | $107.4K | $142.9K | $170.2K | $190.3K | $136.9K | $130.9K | - |
| Income Tax | - | - | - | - | - | - | - | - | - | - |
| Net Income | ($3.99M) | ($7.49M) | ($8.40M) | ($7.43M) | ($10.74M) | ($10.38M) | ($3.02M) | ($4.36M) | ($4.36M) | - |
| EPS - Basic | ($0.03) | ($0.08) | ($0.06) | - | - | - | - | - | - | - |
| EPS - Diluted | ($0.03) | ($0.08) | ($0.11) | - | - | - | - | - | - | - |
Balance Sheet
| Line item | Q3 '23 | Q1 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $414.6K | $1.04M | $2.26M | $1.53M | $3.29M | $10.42M | $9.13M | $1.72M | $6.87M | $4.56M |
| Accounts Receivable | $5.06M | $6.52M | $7.46M | $7.93M | $7.77M | $10.98M | $8.46M | $4.89M | $5.78M | $4.92M |
| Inventory | $5.54M | $5.59M | $9.87M | $8.58M | $8.83M | $6.28M | $4.41M | $4.11M | $4.25M | $2.92M |
| Accounts Payable | $12.61M | $11.62M | $10.90M | $10.44M | $7.39M | $7.98M | $7.06M | $5.00M | $5.26M | $5.41M |
| Current Assets | $13.38M | $15.95M | $22.19M | $21.16M | $22.33M | $30.63M | $23.27M | $12.27M | $16.63M | $14.18M |
| Total Assets | $15.20M | $18.03M | $24.26M | $22.50M | $23.50M | $31.82M | $24.55M | $13.47M | $17.75M | $15.61M |
| Current Liabilities | $23.26M | $23.34M | $20.96M | $21.92M | $15.39M | $16.91M | $13.24M | $11.22M | $11.91M | - |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $23.28M | $23.37M | $21.02M | $22.10M | $15.56M | $17.10M | $13.54M | $11.65M | $12.05M | $13.98M |
| Stockholders' Equity | ($8.07M) | ($5.34M) | $3.24M | $401.1K | $7.93M | $14.72M | $11.01M | $1.82M | $5.70M | $1.62M |
| Retained Earnings | ($139.99M) | ($137.08M) | ($125.41M) | ($109.52M) | ($98.47M) | ($87.74M) | ($69.93M) | ($65.26M) | ($60.90M) | ($53.52M) |
Cash Flow
| Line item | Q3 '23 | Q1 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($409.0K) | ($2.49M) | - | ($6.06M) | - | - | ($1.41M) | - | - | - |
| Investing Cash Flow | $0 | ($855.0K) | - | ($61.4K) | - | - | ($68.5K) | - | - | - |
| Financing Cash Flow | ($215.1K) | $4.76M | - | $1.48M | - | - | $2.53M | - | - | - |
| CapEx | $0 | $855.0K | - | $61.4K | - | - | $68.5K | - | - | - |
| Free Cash Flow | ($409.0K) | ($3.35M) | - | ($6.12M) | - | - | ($1.47M) | - | - | - |
Ratios
| Metric | Q3 '23 | Q1 '23 | Q2 '23 | Q1 '22 | Q3 '22 | Q2 '22 | Q1 '21 | Q3 '21 | Q2 '21 | Q1 '20 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 24.7% | 20.7% | 23.6% | 34.0% | 33.0% | 33.9% | 41.1% | 41.2% | 41.2% | - |
| Operating margin | -22.4% | -37.2% | -25.9% | -51.9% | -72.3% | -66.9% | -19.9% | -41.5% | -39.3% | - |
| EBITDA margin | -21.2% | -36.1% | -24.8% | -50.7% | -71.2% | -65.9% | -18.3% | -38.7% | -37.6% | - |
| Net margin | -25.1% | -44.4% | -42.9% | -52.6% | -71.1% | -68.0% | -21.2% | -42.8% | -40.6% | - |
| Free cash flow margin | -2.6% | -19.8% | - | -43.3% | - | - | -10.4% | - | - | - |
| FCF / Net income | 0.10 | 0.45 | - | 0.82 | - | - | 0.49 | - | - | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 16.0% | 17.0% | 13.2% | 35.2% | 41.9% | 34.4% | 27.8% | 34.2% | 32.5% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -26.2% | -41.6% | -34.6% | -33.0% | -45.7% | -32.6% | -12.3% | -32.4% | -24.6% | - |
| Return on equity | 49.4% | 140.4% | -258.8% | -1851.1% | -135.3% | -70.5% | -27.4% | -239.6% | -76.5% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 0.58 | 0.68 | 1.06 | 0.97 | 1.45 | 1.81 | 1.76 | 1.09 | 1.40 | - |
| Quick ratio | 0.34 | 0.44 | 0.59 | 0.57 | 0.88 | 1.44 | 1.42 | 0.73 | 1.04 | - |
| Cash ratio | 0.02 | 0.04 | 0.11 | 0.07 | 0.21 | 0.62 | 0.69 | 0.15 | 0.58 | - |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | -8.4x | -5.2x | -5.5x | -68.1x | -76.4x | -60.0x | -14.9x | -30.8x | -32.3x | - |
| Equity multiplier | -1.88 | -3.38 | 7.48 | 56.09 | 2.96 | 2.16 | 2.23 | 7.40 | 3.11 | 9.62 |
| Liabilities / Assets | 1.53 | 1.30 | 0.87 | 0.98 | 0.66 | 0.54 | 0.55 | 0.86 | 0.68 | 0.90 |
| Efficiency | ||||||||||
| Asset turnover | 1.04 | 0.94 | 0.81 | 0.63 | 0.64 | 0.48 | 0.58 | 0.76 | 0.61 | - |
| Inventory turnover | 2.15 | 2.40 | 1.51 | 1.08 | 1.15 | 1.61 | 1.90 | 1.45 | 1.49 | - |
| Days sales outstanding | 116d | 141d | 139d | 205d | 188d | 263d | 217d | 175d | 196d | - |
| Days inventory outstanding | 169d | 152d | 241d | 336d | 318d | 227d | 192d | 251d | 245d | - |
| Days payable outstanding | 385d | 316d | 266d | 409d | 266d | 289d | 308d | 305d | 304d | - |
| Cash conversion cycle | -99d | -23d | 114d | 132d | 240d | 201d | 102d | 122d | 137d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | - | - | - | - | - | - | - | - |
| P / S | - | - | - | - | - | - | - | - | - | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 5.1% | 19.7% | 28.3% | -0.7% | 48.4% | 41.8% | - | 20.4% | 3.0% | - |
| Revenue CAGR (3y) | 23.4% | - | 23.3% | 11.6% | 25.2% | 20.9% | 21.7% | 38.7% | 30.5% | - |
| Revenue CAGR (5y) | 33.0% | 16.5% | 32.2% | 22.2% | 38.4% | 38.4% | 37.0% | 41.8% | 44.3% | - |
| Gross profit growth (YoY) | -21.2% | -27.2% | -10.4% | -17.9% | 18.8% | 16.6% | - | 23.6% | -1.3% | - |
| Operating income growth (YoY) | 67.4% | 14.0% | 50.3% | -158.5% | -158.6% | -141.3% | - | -53.5% | -50.5% | - |
| Net income growth (YoY) | 62.9% | -0.9% | 19.1% | -145.8% | -146.2% | -137.9% | - | -52.4% | -49.1% | - |
| EPS growth (YoY) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | 45.2% | - | -314.9% | - | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -78.0% | -96.4% | 336.0% | 158.1% | 579.0% | -59.0% | -20.1% | -81.1% |
Peer comparison
Same SIC group: Wholesale-Groceries & Related Products
Comparing ALKALINE WATER Co INC against the 5 most active filers in the same SIC group.