Avinger Inc Working Capital to Net Assets Ratio
Avinger Inc 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. Check Avinger Inc (AVGR) tangible net worth 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 Avinger Inc (2012–2023)
Working capital to net assets ratio of Avinger Inc from 2012 to 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. See Avinger Inc (AVGR) liquidity interval to measure how many days the company can operate on defensive assets alone.
Avinger Inc Working Capital to Net Assets Ratio by Year (2012–2023)
Avinger Inc working capital to net assets ratio by year from 2012 to 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 the complete balance sheet picture, see AVGR total asset value.
| 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 | — |