Akoustis Technologies, Inc. Tangible Net Worth Ratio
Akoustis Technologies, Inc. tangible net worth ratio. Akoustis Technologies, Inc. (AKTSQ) has a Tangible Net Worth Ratio of 68.5% as of March 2024. This metric is calculated by deducting intangible assets ($13.22 Million) from net assets ($41.91 Million) and expressing it as a percentage of total net assets. A higher ratio means that more of the company's equity is backed by tangible, balance-sheet-verifiable assets rather than goodwill, patents, or brand value. See Akoustis Technologies, Inc. net asset quality index to measure how much of total assets are equity-financed.
Tangible NW Ratio
Net Assets (Equity)
Intangible Assets
Total Assets
Tangible Net Worth Ratio of Akoustis Technologies, Inc. (2021–2023)
Tangible net worth ratio of Akoustis Technologies, Inc. from 2021 to 2023. This chart shows how Akoustis Technologies, Inc.'s Tangible Net Worth Ratio has changed across 3 annual periods from 2021 to 2023. As of March 2024, the ratio stands at 68.5%, reflecting net assets of $41.91 Million with intangible assets of $13.22 Million USD. See AKTSQ net working capital ratio to evaluate short-term liquidity relative to the company's equity base.
Akoustis Technologies, Inc. Tangible Net Worth Ratio by Year (2021–2023)
Akoustis Technologies, Inc. tangible net worth ratio by year from 2021 to 2023. The table below presents the year-by-year Tangible Net Worth Ratio for Akoustis Technologies, Inc. from 2021 to 2023, covering 3 annual filings. Each row shows net assets, intangible assets, total assets, the tangible net worth ratio, and the change in percentage points versus the prior year. For live market cap and overall valuation, see Akoustis Technologies, Inc. (AKTSQ) total market value.
| Year | Tangible NW Ratio | Net Assets (USD) | Intangible Assets | Total Assets | Change (pp) |
|---|---|---|---|---|---|
| 2023 | 82.3% | $86.24 Million | $15.24 Million | $148.92 Million | ▼ -9.0 pp |
| 2022 | 91.3% | $103.43 Million | $8.99 Million | $161.34 Million | ▼ -8.2 pp |
| 2021 | 99.5% | $117.41 Million | $572.00K | $124.99 Million | — |