2018 Q4 Form 10-Q Financial Statement

#000114420418058352 Filed on November 08, 2018

View on sec.gov

Income Statement

Concept 2018 Q4 2018 Q3 2017 Q3
Revenue $15.69M $18.82M $16.57M
YoY Change 32.63% 13.59% 15.16%
Cost Of Revenue $9.670M $11.30M $10.26M
YoY Change 30.15% 10.07% 21.19%
Gross Profit $6.020M $7.527M $6.308M
YoY Change 36.82% 19.32% 6.55%
Gross Profit Margin 38.37% 39.98% 38.06%
Selling, General & Admin $4.450M $4.810M $4.900M
YoY Change 11.53% -1.84% 8.17%
% of Gross Profit 73.92% 63.91% 77.68%
Research & Development
YoY Change
% of Gross Profit
Depreciation & Amortization
YoY Change
% of Gross Profit
Operating Expenses $4.450M $4.810M $4.900M
YoY Change 11.53% -1.84% 8.41%
Operating Profit $1.570M $2.573M $833.0K
YoY Change 282.93% 208.85% -40.5%
Interest Expense $70.00K $2.492K $1.016K
YoY Change -90.28% 145.28%
% of Operating Profit 4.46% 0.1% 0.12%
Other Income/Expense, Net -$80.00K $2.303M $447.3K
YoY Change 14.29% 414.86% 306.63%
Pretax Income $1.510M $4.876M $1.280M
YoY Change -487.18% 280.82% -141.04%
Income Tax -$40.00K $12.66K -$136.4K
% Of Pretax Income -2.65% 0.26% -10.66%
Net Earnings $2.460M $4.552M $1.161M
YoY Change 42.2% 292.06% -139.02%
Net Earnings / Revenue 15.68% 24.18% 7.01%
Basic Earnings Per Share $0.30 $0.08
Diluted Earnings Per Share $164.3K $0.30 $0.08
COMMON SHARES
Basic Shares Outstanding 14.96M shares 14.96M shares 14.90M shares
Diluted Shares Outstanding 15.12M shares 15.07M shares

Balance Sheet

Concept 2018 Q4 2018 Q3 2017 Q3
SHORT-TERM ASSETS
Cash & Short-Term Investments $31.30M $34.40M $47.00M
YoY Change -31.21% -26.81% 26.68%
Cash & Equivalents $31.34M $34.37M $46.98M
Short-Term Investments
Other Short-Term Assets $3.000M $1.600M $2.400M
YoY Change -9.09% -33.33% 50.0%
Inventory $2.233M $2.538M $4.000M
Prepaid Expenses
Receivables $24.23M $23.00M $13.00M
Other Receivables $800.0K $1.100M $1.400M
Total Short-Term Assets $62.36M $63.99M $67.80M
YoY Change -6.49% -5.62% 14.72%
LONG-TERM ASSETS
Property, Plant & Equipment $58.88M $47.34M $72.80M
YoY Change 18.51% -34.97% -3.06%
Goodwill $8.005M $8.384M
YoY Change 0.01%
Intangibles $1.892M $2.711M
YoY Change -41.46%
Long-Term Investments $2.585M $2.465M $3.100M
YoY Change -7.14% -20.5% -20.51%
Other Assets $2.124M $2.369M $7.200M
YoY Change -52.72% -67.09% -1.37%
Total Long-Term Assets $110.2M $108.5M $98.00M
YoY Change 11.5% 10.73% -5.95%
TOTAL ASSETS
Total Short-Term Assets $62.36M $63.99M $67.80M
Total Long-Term Assets $110.2M $108.5M $98.00M
Total Assets $172.5M $172.5M $165.8M
YoY Change 4.25% 4.04% 1.53%
SHORT-TERM LIABILITIES
YoY Change
Accounts Payable $4.600M $6.500M $5.300M
YoY Change 31.43% 22.64% 0.0%
Accrued Expenses $1.300M
YoY Change 30.0%
Deferred Revenue $109.9K $21.58K
YoY Change 8639.27%
Short-Term Debt $0.00 $1.100M $400.0K
YoY Change -100.0% 175.0% -20.0%
Long-Term Debt Due
YoY Change
Total Short-Term Liabilities $7.900M $8.924M $7.200M
YoY Change 3.52% 23.95% 2.86%
LONG-TERM LIABILITIES
Long-Term Debt $0.00 $0.00 $0.00
YoY Change
Other Long-Term Liabilities $199.8K $778.3K $1.200M
YoY Change -75.12% -35.14% 33.33%
Total Long-Term Liabilities $199.8K $778.3K $1.200M
YoY Change -75.12% -35.14% 33.33%
TOTAL LIABILITIES
Total Short-Term Liabilities $7.900M $8.924M $7.200M
Total Long-Term Liabilities $199.8K $778.3K $1.200M
Total Liabilities $8.760M $10.46M $18.70M
YoY Change -7.4% -44.07% 0.0%
SHAREHOLDERS EQUITY
Retained Earnings $59.30M $58.11M
YoY Change 11.66%
Common Stock
YoY Change
Preferred Stock
YoY Change
Treasury Stock (at cost)
YoY Change
Treasury Stock Shares
Shareholders Equity $155.0M $153.5M $147.2M
YoY Change
Total Liabilities & Shareholders Equity $172.5M $172.5M $165.8M
YoY Change 4.25% 4.04% 1.54%

Cashflow Statement

Concept 2018 Q4 2018 Q3 2017 Q3
OPERATING ACTIVITIES
Net Income $2.460M $4.552M $1.161M
YoY Change 42.2% 292.06% -139.02%
Depreciation, Depletion And Amortization
YoY Change
Cash From Operating Activities $3.660M $7.500M $2.890M
YoY Change 130.19% 159.52% 58.79%
INVESTING ACTIVITIES
Capital Expenditures -$2.980M -$7.130M -$1.130M
YoY Change 242.53% 530.97% -6.61%
Acquisitions
YoY Change
Other Investing Activities $360.0K $390.0K $340.0K
YoY Change 16.13% 14.71% -29.17%
Cash From Investing Activities -$2.630M -$6.730M -$800.0K
YoY Change 378.18% 741.25% 9.59%
FINANCING ACTIVITIES
Cash Dividend Paid
YoY Change
Common Stock Issuance & Retirement, Net
YoY Change
Debt Paid & Issued, Net
YoY Change
Cash From Financing Activities -2.370M -490.0K -1.110M
YoY Change 185.54% -55.86% 2.78%
NET CHANGE
Cash From Operating Activities 3.660M 7.500M 2.890M
Cash From Investing Activities -2.630M -6.730M -800.0K
Cash From Financing Activities -2.370M -490.0K -1.110M
Net Change In Cash -1.340M 280.0K 980.0K
YoY Change -738.1% -71.43% 9700.0%
FREE CASH FLOW
Cash From Operating Activities $3.660M $7.500M $2.890M
Capital Expenditures -$2.980M -$7.130M -$1.130M
Free Cash Flow $6.640M $14.63M $4.020M
YoY Change 169.92% 263.93% 32.67%

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IncrementalCommonSharesAttributableToConversionOfPreferredStock
45087 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
35066 shares
us-gaap Incremental Common Shares Attributable To Conversion Of Preferred Stock
IncrementalCommonSharesAttributableToConversionOfPreferredStock
39035 shares
CY2018Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
123904 shares
CY2017Q3 us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
128809 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
123747 shares
us-gaap Incremental Common Shares Attributable To Call Options And Warrants
IncrementalCommonSharesAttributableToCallOptionsAndWarrants
128570 shares
CY2018Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15124720 shares
CY2017Q3 us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15072142 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15119415 shares
us-gaap Weighted Average Number Of Diluted Shares Outstanding
WeightedAverageNumberOfDilutedSharesOutstanding
15054343 shares
CY2018Q3 us-gaap Equity Method Investment Ownership Percentage
EquityMethodInvestmentOwnershipPercentage
0.4353 pure
CY2018Q3 cwco Equity Method Investments Voting Shares Percentage
EquityMethodInvestmentsVotingSharesPercentage
0.5 pure
CY2018Q3 cwco Equity Method Investment Interest In Profit Percentage
EquityMethodInvestmentInterestInProfitPercentage
0.45 pure
CY2017Q4 us-gaap Equity Method Investments
EquityMethodInvestments
2783882 USD
cwco Income Loss From Equity Method Investments And Subsidiaries
IncomeLossFromEquityMethodInvestmentsAndSubsidiaries
2331905 USD
us-gaap Equity Method Investment Dividends Or Distributions
EquityMethodInvestmentDividendsOrDistributions
2651250 USD
CY2018Q3 us-gaap Equity Method Investments
EquityMethodInvestments
2464537 USD
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.255
us-gaap Common Stock Dividends Per Share Declared
CommonStockDividendsPerShareDeclared
0.225
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
392000 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
10258 USD
us-gaap Proceeds From Repurchase Of Redeemable Preferred Stock
ProceedsFromRepurchaseOfRedeemablePreferredStock
12456 USD
CY2018Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
233000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliation Recurring Basis Asset Value
FairValueMeasurementWithUnobservableInputsReconciliationRecurringBasisAssetValue
280000 USD
CY2018Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
682713 USD
CY2017Q3 us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
114667 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
921653 USD
us-gaap Cost Of Goods And Services Sold
CostOfGoodsAndServicesSold
320586 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
5388005 USD
us-gaap Net Cash Provided By Used In Operating Activities
NetCashProvidedByUsedInOperatingActivities
13529071 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
13709598 USD
us-gaap Payments To Acquire Property Plant And Equipment
PaymentsToAcquirePropertyPlantAndEquipment
3016713 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
51590 USD
us-gaap Proceeds From Sale Of Property Plant And Equipment
ProceedsFromSaleOfPropertyPlantAndEquipment
18827 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
1041787 USD
us-gaap Proceeds From Collection Of Loans Receivable
ProceedsFromCollectionOfLoansReceivable
1297419 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-14784401 USD
us-gaap Net Cash Provided By Used In Investing Activities
NetCashProvidedByUsedInInvestingActivities
-2365737 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3818499 USD
us-gaap Payments Of Dividends Common Stock
PaymentsOfDividendsCommonStock
3346477 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
2846 USD
us-gaap Payments Of Dividends Preferred Stock And Preference Stock
PaymentsOfDividendsPreferredStockAndPreferenceStock
8665 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3419087 USD
us-gaap Net Cash Provided By Used In Financing Activities
NetCashProvidedByUsedInFinancingActivities
-3440686 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
-12815483 USD
us-gaap Cash And Cash Equivalents Period Increase Decrease
CashAndCashEquivalentsPeriodIncreaseDecrease
7722648 USD
CY2016Q4 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
39254116 USD
CY2017Q3 us-gaap Cash And Cash Equivalents At Carrying Value
CashAndCashEquivalentsAtCarryingValue
46976764 USD
us-gaap Interest Paid
InterestPaid
6539 USD
us-gaap Interest Paid
InterestPaid
7062 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
3256 USD
us-gaap Conversion Of Stock Amount Converted1
ConversionOfStockAmountConverted1
7328 USD
us-gaap Dividends
Dividends
1275066 USD
us-gaap Dividends
Dividends
1120176 USD
cwco Transfers From Inventory To Property Plant And Equipment And Construction In Progress
TransfersFromInventoryToPropertyPlantAndEquipmentAndConstructionInProgress
304279 USD
cwco Transfers From Inventory To Property Plant And Equipment And Construction In Progress
TransfersFromInventoryToPropertyPlantAndEquipmentAndConstructionInProgress
228549 USD
cwco Transfers From Construction In Progress To Property Plant And Equipment
TransfersFromConstructionInProgressToPropertyPlantAndEquipment
492252 USD
cwco Transfers From Construction In Progress To Property Plant And Equipment
TransfersFromConstructionInProgressToPropertyPlantAndEquipment
2109960 USD
cwco Transfers From Other Assets To Construction In Progress
TransfersFromOtherAssetsToConstructionInProgress
1253299 USD
cwco Transfers From Other Assets To Construction In Progress
TransfersFromOtherAssetsToConstructionInProgress
0 USD
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
2168180 USD
us-gaap Payments To Acquire Land
PaymentsToAcquireLand
665270 USD
us-gaap Proceeds From Related Party Debt
ProceedsFromRelatedPartyDebt
784000 USD
CY2017Q4 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
280000 USD
us-gaap Fair Value Liabilities Measured On Recurring Basis Change In Unrealized Gain Loss
FairValueLiabilitiesMeasuredOnRecurringBasisChangeInUnrealizedGainLoss
-47000 USD
CY2018Q3 us-gaap Fair Value Measurement With Unobservable Inputs Reconciliations Recurring Basis Liability Value
FairValueMeasurementWithUnobservableInputsReconciliationsRecurringBasisLiabilityValue
233000 USD
CY2018Q3 cwco Cayman Water Retail Operations Percentage Of Gross Profit
CaymanWaterRetailOperationsPercentageOfGrossProfit
0.45 pure
CY2017Q3 cwco Cayman Water Retail Operations Percentage Of Gross Profit
CaymanWaterRetailOperationsPercentageOfGrossProfit
0.48 pure
cwco Cayman Water Retail Operations Percentage Of Gross Profit
CaymanWaterRetailOperationsPercentageOfGrossProfit
0.51 pure
cwco Cayman Water Retail Operations Percentage Of Gross Profit
CaymanWaterRetailOperationsPercentageOfGrossProfit
0.52 pure
CY2018Q3 cwco Cayman Water Retail Operations Percentage Of Revenue
CaymanWaterRetailOperationsPercentageOfRevenue
0.33 pure
CY2017Q3 cwco Cayman Water Retail Operations Percentage Of Revenue
CaymanWaterRetailOperationsPercentageOfRevenue
0.33 pure
cwco Cayman Water Retail Operations Percentage Of Revenue
CaymanWaterRetailOperationsPercentageOfRevenue
0.37 pure
cwco Cayman Water Retail Operations Percentage Of Revenue
CaymanWaterRetailOperationsPercentageOfRevenue
0.38 pure
CY2017Q1 us-gaap Receivable With Imputed Interest Due Dates
ReceivableWithImputedInterestDueDates
2017-09-30
CY2017Q4 us-gaap Receivable With Imputed Interest Due Dates
ReceivableWithImputedInterestDueDates
2018-03-31
CY2017Q1 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.01 pure
CY2017Q4 us-gaap Receivable With Imputed Interest Effective Yield Interest Rate
ReceivableWithImputedInterestEffectiveYieldInterestRate
0.01 pure
CY2018Q3 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.60
CY2018Q3 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000 shares
CY2018Q3 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
36498 shares
CY2017Q4 us-gaap Preferred Stock Shares Issued
PreferredStockSharesIssued
33488 shares
CY2017Q4 us-gaap Preferred Stock Par Or Stated Value Per Share
PreferredStockParOrStatedValuePerShare
0.60
CY2017Q4 us-gaap Preferred Stock Shares Authorized
PreferredStockSharesAuthorized
200000 shares
CY2018Q3 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
36498 shares
CY2017Q4 us-gaap Preferred Stock Shares Outstanding
PreferredStockSharesOutstanding
33488 shares
us-gaap Nature Of Operations
NatureOfOperations
<div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">1. Principal activity</div></div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; margin-right: 0px; background: none;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); background: none; text-decoration: none; letter-spacing: 0px; top: 0px;;display:inline;">&#160;</div></div><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; margin-bottom: 0px; margin-top: 0px; text-align: justify; margin-right: 0px;"><div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;">Consolidated Water Co. Ltd., and its subsidiaries (collectively, the &#8220;Company&#8221;) use reverse osmosis technology to produce potable water from seawater. The Company processes and supplies water and provides water-related products and services to its customers in the Cayman Islands, Belize, The Commonwealth of The Bahamas, the British Virgin Islands, the United States and Indonesia. The Company sells water to a variety of customers, including public utilities, commercial and tourist properties, residential properties and government facilities. The base price of water supplied by the Company, and adjustments thereto, are determined by the terms of a retail license and bulk water supply contracts which provide for adjustments based upon the movement in the government price indices specified in the license and contracts as well as monthly adjustments for changes in the cost of energy. The Company also manufactures and services a wide range of products and provides design, engineering, management, operating and other services applicable to commercial, municipal and industrial water production, supply and treatment.</div></div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
us-gaap Prior Period Reclassification Adjustment Description
PriorPeriodReclassificationAdjustmentDescription
<div style="font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"><div style="font-weight:bold;display:inline;">Comparative amounts:</div></div><div style="white-space: pre-line; font-family: &quot;times new roman&quot;, serif; font-size: 10pt; color: rgb(0, 0, 0); letter-spacing: 0px; top: 0px;;display:inline;"> Certain amounts reported in the financial statements issued in prior periods have been reclassified herein to conform to the current period&#8217;s presentation. These reclassifications had no effect on consolidated net income.</div><table border="0" style="width:100%; table-layout:fixed;" cellspacing="0" cellpadding="0"><tr><td></td></tr></table>
CY2018Q3 us-gaap Receivable With Imputed Interest Due Dates
ReceivableWithImputedInterestDueDates
2019-06-30
CY2018Q3 cwco Per Gallon Price Of Water Supplied Percent
PerGallonPriceOfWaterSuppliedPercent
0.31 pure
CY2017Q4 cwco Per Gallon Price Of Water Supplied Percent
PerGallonPriceOfWaterSuppliedPercent
0.31 pure
CY2018Q3 us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
4432834 USD
CY2018Q1 cwco Subscription Agreement Description
SubscriptionAgreementDescription
The Agreement calls for NSC to retain a minimum of 25% of the equity in AdR. One or more affiliates of Greenfield SPV VII, S.A.P.I. de C.V. (&#8220;Greenfield&#8221;), a Mexico company managed by an affiliate of a leading U.S. asset manager, will acquire a minimum of 55% of the equity of AdR. The Agreement also provides Suez Medio Ambiente M&#233;xico, S.A. de C.V. (&#8220;Suez&#8221;), a subsidiary of SUEZ International, S.A.S., with the option to purchase 20% of the equity of AdR. If Suez does not exercise this option, NSC will retain 35% of the equity of AdR and Greenfield will acquire 65% of the equity of AdR. The Agreement will become effective when the additional conditions related to the Project are met, including but not limited to those conditions discussed previously. The aggregate investment to be made by the equity partners in the Project, in the form of equity and subordinated shareholder loans, is presently estimated at approximately 20% of the total cost of Phase 1 of the Project.
us-gaap Litigation Settlement Amount Awarded From Other Party
LitigationSettlementAmountAwardedFromOtherParty
4271409 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-392000 USD
us-gaap Proceeds From Repayments Of Related Party Debt
ProceedsFromRepaymentsOfRelatedPartyDebt
-490000 USD
CY2017Q4 us-gaap Deferred Revenue Current
DeferredRevenueCurrent
181328 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Payments Of Dividends Minority Interest
PaymentsOfDividendsMinorityInterest
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
us-gaap Proceeds From Stock Options Exercised
ProceedsFromStockOptionsExercised
0 USD
CY2013Q2 us-gaap Share Price
SharePrice
1
dei Document Type
DocumentType
10-Q
dei Amendment Flag
AmendmentFlag
false
dei Document Period End Date
DocumentPeriodEndDate
2018-09-30
dei Document Fiscal Year Focus
DocumentFiscalYearFocus
2018
dei Document Fiscal Period Focus
DocumentFiscalPeriodFocus
Q3
dei Entity Registrant Name
EntityRegistrantName
Consolidated Water Co. Ltd.
dei Entity Central Index Key
EntityCentralIndexKey
0000928340
dei Current Fiscal Year End Date
CurrentFiscalYearEndDate
--12-31
dei Entity Filer Category
EntityFilerCategory
Accelerated Filer
dei Trading Symbol
TradingSymbol
CWCO
CY2018Q4 dei Entity Common Stock Shares Outstanding
EntityCommonStockSharesOutstanding
14964281 shares
dei Entity Emerging Growth Company
EntityEmergingGrowthCompany
false
dei Entity Small Business
EntitySmallBusiness
true

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