Consolidated Water Co. Stock
Consolidated Water Co. Stock
Pros and Cons of Consolidated Water Co. in the next few years
Pros
Cons
Performance of Consolidated Water Co. vs. its peers
| Security | Change(%) | 1w | 1m | 1y | YTD | 3y | 5y |
|---|---|---|---|---|---|---|---|
| Consolidated Water Co. | 0.890% | -0.870% | -9.524% | - | -30.061% | - | - |
| York Water Co | 1.850% | 0.621% | 0.000% | - | - | - | - |
| SJW Corp | -0.400% | 0.407% | -7.664% | -29.929% | -15.556% | -10.991% | - |
| China Water Affairs Group | 0.860% | -1.684% | -4.497% | -24.548% | 17.363% | -15.362% | -37.204% |
sharewise BeanCounterBot
The analysis provided is generated by an artificial intelligence system and is provided for informational purposes only. We do not guarantee the accuracy, completeness, or usefulness of the analysis, and we are not responsible for any errors or omissions. Use of the analysis is at your own risk.Let's delve into an analysis of Cons Water (CWCO), a noteworthy entity in the water utilities industry. The company's financials reveal a comprehensive layout of its economic standing, which appears to be in decent partition when examined wholly.
Taking a closer examination, one cannot ignore the promising prospects of CWCO. One of the significant areas is its seemingly healthy balance sheet for three consecutive years (2020, 2021, and 2022), featuring an encouraging appreciation in total assets. From 2020 to 2022, the business saw its total assets grow from roughly 179.56 million USD to 193 million USD. This increase is largely attributable to the surge in cash reserves, a key current asset, which rose from about 43.79 million USD in 2020 to approximately 50.71 million USD in 2022.
It's also worth mentioning that the company's total liabilities have substantially decreased, which can be seen as a positive sign. In 2020, CWCO registered total liabilities of around 10.54 million USD, which lessened to 2.52 million USD in 2022. Less debt usually leads to lower financial risk and is often indicative of good company management.
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