Akoustis Technologies, Inc. Working Capital to Net Assets Ratio
Akoustis Technologies, Inc. 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. Check how tangible is Akoustis Technologies, Inc.'s equity to evaluate the tangible quality of the company's equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Working Capital to Net Assets Ratio of Akoustis Technologies, Inc. (2021–2024)
Working capital to net assets ratio of Akoustis Technologies, Inc. from 2021 to 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. See AKTSQ defensive interval ratio to measure how many days the company can operate on defensive assets alone.
Akoustis Technologies, Inc. Working Capital to Net Assets Ratio by Year (2021–2024)
Akoustis Technologies, Inc. working capital to net assets ratio by year from 2021 to 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 the complete balance sheet picture, see AKTSQ total assets.
| 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 | — |