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. See ConnectM Technology Solutions, Inc. financial flexibility index to measure the company's free cash flow as a share of total liabilities.
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. See CNTM days of operational coverage to measure how many days the company can operate on defensive assets alone.
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 live market cap and the full company profile, see ConnectM Technology Solutions, Inc. (CNTM) total market value.
| 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 | — |