Akoustis Technologies, Inc. (AKTSQ) — Financial Flexibility Index

Latest as of September 2024: -0.10x

Akoustis Technologies, Inc. (AKTSQ) has a Financial Flexibility Index of -0.10x as of September 2024. Free cash flow of $-12.02 Million (operating CF $-12.20 Million minus capex $185.00K) represents 0% of total liabilities ($122.59 Million).

Financial Flexibility Index

-0.10x
Free Cash Flow / Total Liabilities

Free Cash Flow

$-12.02 Million
Operating CF − Capex

Total Liabilities

$122.59 Million
USD

Capital Expenditures

$185.00K
USD

Akoustis Technologies, Inc. Financial Flexibility Index (2021–2024)

Historical Financial Flexibility Index trend for Akoustis Technologies, Inc. across 4 annual periods. See working capital to net assets of Akoustis Technologies, Inc. to evaluate short-term liquidity relative to the company's equity base.

Annual Financial Flexibility Index for Akoustis Technologies, Inc. (2021–2024)

Year-by-year free cash flow to debt coverage for Akoustis Technologies, Inc.. For the full company profile including market capitalisation, see AKTSQ market cap overview.

Year Flexibility Index Free Cash Flow (USD) Operating CF Total Liabilities YoY Change
2024 -0.27x $-34.35 Million $-40.35 Million $126.83 Million ▲ +49.2%
2023 -0.53x $-33.44 Million $-44.82 Million $62.68 Million ▼ -76.8%
2022 -0.30x $-17.48 Million $-45.20 Million $57.91 Million ▲ +86.5%
2021 -2.23x $-16.92 Million $-29.36 Million $7.58 Million
Financial Flexibility Index = (Operating CF − Capex) / Total Liabilities = Free Cash Flow / Total Liabilities