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 AKTSQ cash and liquid assets coverage to measure how many days the company can operate on defensive assets alone.
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. For the complete balance sheet picture, see Akoustis Technologies, Inc. total assets.
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. Read total liabilities of Akoustis Technologies, Inc. for a breakdown of total debt and financial obligations.
| 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 | — |