Waton Financial Ltd key statistics and ratios

In fiscal 2026, Waton Financial Ltd had return on equity of -87.9%, an operating margin of -131.1%, debt equal to 0.0% of equity and a current ratio of 1.54. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.

Financial ratios

US$ thousands unless shown otherwise. Fiscal years, plus the last twelve months (LTM) when newer.

Waton Financial Ltd: financial ratios, annual
Fiscal year	2023Mar 2023	2024Mar 2024	2025Mar 2025	2026Mar 2026
Operating margin	53.4%	29.3%	−143.0%	−131.1%
Net margin	53.7%	24.8%	−160.7%	−136.7%
Free-cash-flow margin	208.5%	−21.0%	4.6%	−66.6%
Return on equity	21.8%	20.1%	−101.8%	−87.9%
Return on assets	—	7.6%	−37.7%	−35.5%
Asset turnover	—	0.31	0.23	0.26
Current ratio	—	1.20	1.41	1.54
Debt to equity	0.0%	0.0%	0.0%	0.0%
Effective tax rate	18.8%	15.0%	—	—
R&D as % of revenue	0.0%	0.0%	5.7%	6.6%
Capital spending as % of revenue	0.1%	2.6%	0.2%	2.9%
Free cash flow ÷ net income	388.3%	−84.5%	—	—
Dividends and buybacks ÷ free cash flow	0.0%	—	0.0%	—

Returns use average equity or assets over the year. Return on equity is left blank when equity is negative or so small that the ratio says nothing (above ±200%); interest cover is left blank above 200 times. Price-based ratios such as P/E are on the valuation page.

Moat

Not assessed: fewer than five years of comparable figures in the filings. AI disruption exposure for this industry: Medium.

A rules-based reading of reported figures, not a forecast and not investment advice. How the score is built: methodology.

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Figures from Waton Financial Ltd's SEC filings (10-K and 10-Q). How we read and check them: methodology and data sources. Not investment advice. Back to Waton Financial Ltd.