Global Water Resources, Inc.

Global Water Resources, Inc.verified

GWRS

Price:

$12.1

Market Cap:

$292.53M

Global Water Resources, Inc., a water resource management company, owns, operates, and manages regulated water, wastewater, and recycled water utilities primarily in metropolitan Phoenix, Arizona. As of December 31, 2020, it served approximately 74,048 people in approximately 27,630 homes. The company was founded in 2003 and is based in Phoenix, Arizona.[Read more]

Industry

Regulated Water

IPO Date

2016-04-28

Stock Exchange

NASDAQ

Ticker

GWRS

The Current Ratio as of June 2024 (TTM) for Global Water Resources, Inc. (GWRS) is 1.83

According to Global Water Resources, Inc.’s latest financial reports and current stock price. The company's current Current Ratio is 1.83. This represents a change of 75.31% compared to the average of 1.04 of the last 4 quarters.

Global Water Resources, Inc. (GWRS) Historical Current Ratio (quarterly & annually)

How has GWRS Current Ratio performed in the past?

The mean historical Current Ratio of Global Water Resources, Inc. over the last ten years is 1.37. The current 1.83 Current Ratio has changed 13.22% with respect to the historical average. Over the past ten years (40 quarters), GWRS's Current Ratio was at its highest in in the June 2016 quarter at 3.09. The Current Ratio was at its lowest in in the March 2015 quarter at 0.

Quarterly (TTM)
Annual

Average

1.37

Median

1.17

Minimum

0.82

Maximum

2.27

Global Water Resources, Inc. (GWRS) Current Ratio by Quarter and Year

Discovering the peaks and valleys of Global Water Resources, Inc. Current Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = Infinity%

Maximum Annual Current Ratio = 2.27

Minimum Annual Increase = -52.56%

Minimum Annual Current Ratio = 0.82

Quarterly (TTM)
Annual
YearCurrent RatioChange
20230.82-5.36%
20220.87-22.30%
20211.12-40.77%
20201.8955.55%
20191.22-32.76%
20181.8168.11%
20171.08-52.56%
20162.2729.31%
20151.7694.60%
20140.90Infinity%

Global Water Resources, Inc. (GWRS) Average Current Ratio

How has GWRS Current Ratio performed in the past?

The current Current Ratio of Global Water Resources, Inc. (GWRS) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

0.94

5-year avg

1.19

10-year avg

1.37

Global Water Resources, Inc. (GWRS) Current Ratio vs. Peers

How is GWRS’s Current Ratio compared to its peers?

Global Water Resources, Inc.’s Current Ratio is greater than Middlesex Water Company (0.95), greater than California Water Service Group (0.56), greater than American States Water Company (1.15), greater than Artesian Resources Corporation (1.42), greater than SJW Group (0.55), greater than The York Water Company (0.98),

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Frequently asked questions❓

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