Avinger Inc (AVGR) — Working Capital to Net Assets Ratio
Avinger Inc (AVGR) has a Working Capital to Net Assets ratio of 51.1% as of September 2024. Working capital of $1.98 Million (current assets of $11.48 Million minus current liabilities of $9.50 Million) is measured against net assets of $3.88 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See how leveraged is Avinger Inc's balance sheet to measure how much of total assets are equity-financed.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Avinger Inc Working Capital to Net Assets (2012–2023)
This chart shows how Avinger Inc's Working Capital to Net Assets ratio has evolved across 12 annual periods from 2012 to 2023. As of September 2024, the ratio stands at 51.1%, reflecting working capital of $1.98 Million against net assets of $3.88 Million USD. Check tangible net worth ratio of Avinger Inc to evaluate the tangible quality of the company's equity base.
Annual Working Capital to Net Assets for Avinger Inc (2012–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for Avinger Inc from 2012 to 2023, covering 12 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 AVGR company net worth.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | 115.1% | $-7.14 Million | $-6.20 Million | $12.16 Million | $19.30 Million | ▲ +41.7 pp |
| 2022 | 73.3% | $3.04 Million | $4.15 Million | $20.99 Million | $17.95 Million | ▼ -143.5 pp |
| 2021 | 216.9% | $21.09 Million | $9.72 Million | $25.79 Million | $4.71 Million | ▲ +60.6 pp |
| 2020 | 156.3% | $20.43 Million | $13.08 Million | $27.89 Million | $7.46 Million | ▲ +100.6 pp |
| 2019 | 55.6% | $3.84 Million | $6.89 Million | $16.62 Million | $12.79 Million | ▼ -22.8 pp |
| 2018 | 78.5% | $7.42 Million | $9.46 Million | $21.62 Million | $14.20 Million | ▼ -30.9 pp |
| 2017 | 109.3% | $-39.03 Million | $-35.69 Million | $11.45 Million | $50.48 Million | ▼ -864.7 pp |
| 2016 | 974.0% | $41.31 Million | $4.24 Million | $48.79 Million | $7.48 Million | ▲ +694.5 pp |
| 2015 | 279.5% | $43.58 Million | $15.59 Million | $51.06 Million | $7.48 Million | ▲ +287.8 pp |
| 2014 | -8.3% | $11.93 Million | $-143.87 Million | $18.94 Million | $7.01 Million | ▲ +5.8 pp |
| 2013 | -14.1% | $15.87 Million | $-112.78 Million | $19.60 Million | $3.73 Million | ▲ +16.4 pp |
| 2012 | -30.5% | $22.46 Million | $-73.64 Million | $26.14 Million | $3.68 Million | — |