Akoustis Technologies, Inc. (AKTSQ) — Working Capital to Net Assets Ratio
Akoustis Technologies, Inc. (AKTSQ) has a Working Capital to Net Assets ratio of 83.4% as of September 2024. Working capital of $-54.38 Million (current assets of $25.71 Million minus current liabilities of $80.09 Million) is measured against net assets of $-65.22 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See net asset quality index of Akoustis Technologies, Inc. to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Akoustis Technologies, Inc. Working Capital to Net Assets (2021–2024)
This chart shows how Akoustis Technologies, Inc.'s Working Capital to Net Assets ratio has evolved across 4 annual periods from 2021 to 2024. As of September 2024, the ratio stands at 83.4%, reflecting working capital of $-54.38 Million against net assets of $-65.22 Million USD. Check Akoustis Technologies, Inc. (AKTSQ) tangible equity ratio to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Akoustis Technologies, Inc. (2021–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Akoustis Technologies, Inc. from 2021 to 2024, covering 4 annual filings. Each row shows current assets, current liabilities, working capital, net assets, the ratio, and the change in percentage points compared to the prior year. For live market cap and the full company profile, see Akoustis Technologies, Inc. (AKTSQ) total market value.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 83.4% | $-47.60 Million | $-57.09 Million | $36.77 Million | $84.37 Million | ▲ +34.4 pp |
| 2023 | 49.0% | $42.27 Million | $86.24 Million | $59.84 Million | $17.57 Million | ▼ -27.4 pp |
| 2022 | 76.5% | $79.07 Million | $103.43 Million | $91.73 Million | $12.66 Million | ▲ +3.3 pp |
| 2021 | 73.2% | $85.93 Million | $117.41 Million | $93.20 Million | $7.26 Million | — |