ConnectM Technology Solutions, Inc. (CNTM) — Working Capital to Net Assets Ratio
ConnectM Technology Solutions, Inc. (CNTM) has a Working Capital to Net Assets ratio of 115.4% as of September 2024. Working capital of $-31.20 Million (current assets of $7.45 Million minus current liabilities of $38.65 Million) is measured against net assets of $-27.03 Million. A higher ratio indicates strong short-term liquidity financed by the equity base.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
ConnectM Technology Solutions, Inc. Working Capital to Net Assets (2021–2023)
This chart shows how ConnectM Technology Solutions, Inc.'s Working Capital to Net Assets ratio has evolved across 3 annual periods from 2021 to 2023. As of September 2024, the ratio stands at 115.4%, reflecting working capital of $-31.20 Million against net assets of $-27.03 Million USD. Explore ConnectM Technology Solutions, Inc. (CNTM) long-term investment share to see how much of total assets are deployed in long-term investments.
Annual Working Capital to Net Assets for ConnectM Technology Solutions, Inc. (2021–2023)
The table below presents the year-by-year Working Capital to Net Assets ratio for ConnectM Technology Solutions, Inc. from 2021 to 2023, covering 3 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 ConnectM Technology Solutions, Inc. asset portfolio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -13.7% | $-6.84 Million | $49.81 Million | $72.31K | $6.92 Million | ▼ -11.4 pp |
| 2022 | -2.4% | $-2.05 Million | $85.71 Million | $12.72K | $2.06 Million | ▲ +6346.6 pp |
| 2021 | -6349.0% | $-324.50K | $5.11K | $5.06K | $329.55K | — |