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ALKALINE WATER Co INC (WTER) Stock Fundamental Analysis & AI Rating 2026

WTER OTC Wholesale-Groceries & Related Products NV CIK: 0001532390
Recently Updated • Analysis: Apr 19, 2026 • SEC Data: 2023-06-30
STRONG SELL
95% Conf
Pending
Analysis scheduled

📊 WTER Key Takeaways

Revenue: $14.9M
Net Margin: -19.0%
Free Cash Flow: $-409.0K
Current Ratio: 0.58x
Debt/Equity: N/A
EPS: $-0.28
AI Rating: STRONG SELL with 95% confidence
ALKALINE WATER Co INC (WTER) receives a STRONG SELL rating with 95% confidence from our AI fundamental analysis based on SEC 10-K filings. With revenue of $14.9M, net profit margin of -19.0%, ALKALINE WATER Co INC demonstrates mixed fundamentals in the Market sector. Below is our complete WTER stock analysis for 2026.

Is ALKALINE WATER Co INC (WTER) a Good Investment?

Claude

Alkaline Water operates with fundamental insolvency, holding negative stockholders' equity of -$8.1M while generating zero revenue growth and operating at -16.2% margins. The company faces an acute liquidity crisis with current ratio of 0.58x, minimal cash reserves of $414.6K, and negative operating cash flow of -$409K, indicating rapid asset depletion without operational viability.

Why Buy ALKALINE WATER Co INC Stock? WTER Key Strengths

Claude
  • + Gross margin of 25.3% is reasonable for beverage sector
  • + Net loss improved 30.8% YoY showing some cost control
  • + Operates in established beverage category with consumer demand

WTER Stock Risks: ALKALINE WATER Co INC Investment Risks

Claude
  • ! Negative stockholders' equity of -$8.1M indicates technical insolvency
  • ! Liquidity crisis: current ratio 0.58x, quick ratio 0.34x, cannot meet obligations
  • ! Negative operating cash flow burning $409K annually with only $414.6K cash remaining
  • ! Zero revenue growth over past year with flat market position
  • ! Negative interest coverage of -5.7x shows inability to service debt
  • ! Financial data is nearly 3 years old (June 2023); current situation likely worse
  • ! Zero insider buying signals lack of management confidence

Key Metrics to Watch

Claude
  • * Stockholders equity trend - trajectory toward solvency or continued deterioration
  • * Monthly cash burn rate and cash runway before depletion
  • * Operating cash flow return to positive territory
  • * Revenue growth and gross margin sustainability
  • * Debt restructuring or equity capital raise announcements

ALKALINE WATER Co INC (WTER) Financial Metrics & Key Ratios

Revenue
$14.9M
Net Income
$-2.8M
EPS (Diluted)
$-0.28
Free Cash Flow
$-409.0K
Total Assets
$15.2M
Cash Position
$414.6K

💡 AI Analyst Insight

The current ratio below 1.0x warrants monitoring of short-term liquidity.

WTER Profit Margin, ROE & Profitability Analysis

Gross Margin 25.3%
Operating Margin -16.2%
Net Margin -19.0%
ROE N/A
ROA -18.7%
FCF Margin -2.7%

WTER vs Market Sector: How ALKALINE WATER Co INC Compares

How ALKALINE WATER Co INC compares to Market sector averages

Net Margin
WTER -19.0%
vs
Sector Avg 12.0%
WTER Sector
ROE
WTER 0.0%
vs
Sector Avg 15.0%
WTER Sector
Current Ratio
WTER 0.6x
vs
Sector Avg 1.8x
WTER Sector
Debt/Equity
WTER 0.0x
vs
Sector Avg 0.7x
WTER Sector

Sector benchmarks are approximate industry averages. Actual sector performance may vary.

Is ALKALINE WATER Co INC Stock Overvalued? WTER Valuation Analysis 2026

Based on fundamental analysis, ALKALINE WATER Co INC has mixed fundamental signals relative to the Market sector in 2026.

Return on Equity
N/A
Sector avg: 15%
Net Profit Margin
-19.0%
Sector avg: 12%
Revenue Growth
N/A
Year-over-year
Debt/Equity
N/A
Sector avg: 0.7x

Note: This is a fundamental analysis based on SEC filings. For P/E ratio, price targets, and market-based valuation, consult financial data providers. This is not investment advice.

ALKALINE WATER Co INC Balance Sheet: WTER Debt, Cash & Liquidity

Current Ratio
0.58x
Quick Ratio
0.34x
Debt/Equity
N/A
Debt/Assets
153.1%
Interest Coverage
-5.70x
Long-term Debt
N/A

WTER Revenue & Earnings Growth: 5-Year Financial Trend

WTER 5-year financial data: Year 2022: Revenue $60.6M, Net Income -$16.4M, EPS $-0.24. Year 2023: Revenue $63.8M, Net Income -$39.6M, EPS $-5.99.
Revenue
Net Income
EPS (right axis)

5-Year Trend Summary: ALKALINE WATER Co INC's revenue has shown modest growth of 5% over the 5-year period. The most recent EPS of $-5.99 indicates the company is currently unprofitable.

WTER Revenue Growth, EPS Growth & YoY Performance

Revenue Growth
N/A
Year-over-year
Net Income Growth
N/A
Year-over-year
EPS Growth
N/A
Earnings per share
FCF Margin
-2.7%
Free cash flow / Revenue

WTER Quarterly Earnings & Performance

Quarterly financial performance data for ALKALINE WATER Co INC including revenue, net income, and earnings per share.
Quarter Revenue Net Income EPS
Q3 2023 $13.1M -$2.8M $-0.03
Q2 2023 $15.3M -$7.4M $-0.06
Q1 2023 $14.1M -$7.4M $-0.06
Q3 2022 $9.6M -$3.0M N/A
Q2 2022 $10.2M -$3.0M N/A
Q1 2022 $13.4M -$3.0M N/A
Q3 2021 $8.5M -$2.9M N/A
Q2 2021 $10.4M -$2.9M N/A

Data sourced from SEC EDGAR 10-Q quarterly filings. Figures may represent quarterly or cumulative values.

ALKALINE WATER Co INC Dividends, Buybacks & Capital Allocation

Operating Cash Flow
-$409.0K
Cash generated from operations
Dividends
None
No dividend program

WTER SEC Filings: Latest 10-K & 10-Q Analysis

Access official SEC EDGAR filings for ALKALINE WATER Co INC (CIK: 0001532390)

📋 Recent SEC Filings

Date Form Document Action
Dec 23, 2025 8-K alkaline_8k.htm View →
Dec 22, 2025 8-K alkaline_8k.htm View →
Dec 9, 2025 8-K alkaline_8k.htm View →
May 2, 2025 8-K alkaline_8k.htm View →
Apr 29, 2025 8-K alkaline_8k.htm View →

Frequently Asked Questions about WTER

What is the AI rating for WTER?

ALKALINE WATER Co INC (WTER) has an AI rating of STRONG SELL with 95% confidence, based on fundamental analysis of SEC EDGAR filings.

What are WTER's key strengths?

Claude: Gross margin of 25.3% is reasonable for beverage sector. Net loss improved 30.8% YoY showing some cost control.

What are the risks of investing in WTER?

Claude: Negative stockholders' equity of -$8.1M indicates technical insolvency. Liquidity crisis: current ratio 0.58x, quick ratio 0.34x, cannot meet obligations.

What is WTER's revenue and growth?

ALKALINE WATER Co INC reported revenue of $14.9M.

Does WTER pay dividends?

ALKALINE WATER Co INC does not currently pay dividends.

Where can I find WTER SEC filings?

Official SEC filings for ALKALINE WATER Co INC (CIK: 0001532390) including 10-K, 10-Q, and 8-K reports are available on SEC EDGAR.

What is WTER's EPS?

ALKALINE WATER Co INC has a diluted EPS of $-0.28.

How is the AI analysis conducted?

Two independent AI systems — Claude (Anthropic) and ChatGPT (OpenAI) — analyze SEC EDGAR filings including 10-K annual reports and 10-Q quarterly reports. Each AI evaluates financial health, profitability ratios, balance sheet strength, and growth metrics. The combined rating reflects both perspectives for balanced insights.

Is WTER a good stock to buy right now?

Based on our AI fundamental analysis in April 2026, ALKALINE WATER Co INC has a STRONG SELL rating with 95% confidence. Review the strengths and risks sections above before making a decision. This is not investment advice.

Is WTER stock overvalued or undervalued?

Valuation metrics for WTER: ROE of N/A (sector avg: 15%), net margin of -19.0% (sector avg: 12%). Compare these metrics with sector averages to assess valuation.

Should I buy WTER stock in 2026?

Our dual AI analysis gives ALKALINE WATER Co INC a combined STRONG SELL rating for 2026. Revenue is data pending, with profitability at or below sector average. Always conduct your own research.

What is WTER's free cash flow?

ALKALINE WATER Co INC's operating cash flow is $-409.0K, with capital expenditures of $0.0. FCF margin is -2.7%.

How does WTER compare to other Market stocks?

Vs Default sector averages: Net margin -19.0% (avg: 12%), ROE N/A (avg: 15%), current ratio 0.58 (avg: 1.8).

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Disclaimer: This analysis is generated by Claude AI (Anthropic) and ChatGPT (OpenAI) based on publicly available SEC EDGAR filings. It does not include stock price data and should not be considered financial advice. All fundamental data is sourced from SEC public domain filings. Always conduct your own research and consult with a qualified financial advisor before making investment decisions.
Data Source: SEC EDGAR | Analysis Date: Apr 19, 2026 | Data as of: 2023-06-30 | Powered by Claude AI