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). Check AKTSQ intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity base.

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. For the full cash flow conversion analysis, see cash efficiency ratio of Akoustis Technologies, Inc..

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

Year-by-year free cash flow to debt coverage for Akoustis Technologies, Inc.. Explore AKTSQ operating cash to total liabilities to assess how comfortably operating cash covers total debt obligations.

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