iSun, Inc. Working Capital to Net Assets Ratio
iSun, Inc. working capital to net assets ratio. iSun, Inc. (ISUNQ) has a Working Capital to Net Assets ratio of -29.6% as of March 2024. Working capital of $-3.88 Million (current assets of $31.48 Million minus current liabilities of $35.35 Million) is measured against net assets of $13.12 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. Check ISUNQ intangible-adjusted equity ratio 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 iSun, Inc. (2014–2023)
Working capital to net assets ratio of iSun, Inc. from 2014 to 2023. This chart shows how iSun, Inc.'s Working Capital to Net Assets ratio has evolved across 10 annual periods from 2014 to 2023. As of March 2024, the ratio stands at -29.6%, reflecting working capital of $-3.88 Million against net assets of $13.12 Million USD. See iSun, Inc. defensive liquidity buffer to measure how many days the company can operate on defensive assets alone.
iSun, Inc. Working Capital to Net Assets Ratio by Year (2014–2023)
iSun, Inc. working capital to net assets ratio by year from 2014 to 2023. The table below presents the year-by-year Working Capital to Net Assets ratio for iSun, Inc. from 2014 to 2023, covering 10 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 iSun, Inc. (ISUNQ) total assets.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2023 | -29.6% | $-3.88 Million | $13.12 Million | $31.48 Million | $35.35 Million | ▼ -6.2 pp |
| 2022 | -23.3% | $-4.50 Million | $19.29 Million | $25.72 Million | $30.22 Million | ▼ -6.2 pp |
| 2021 | -17.1% | $-10.26 Million | $59.86 Million | $24.13 Million | $34.40 Million | ▼ -20.2 pp |
| 2020 | 3.1% | $242.87K | $7.88 Million | $8.48 Million | $8.24 Million | ▼ -6.3 pp |
| 2019 | 9.4% | $362.59K | $3.87 Million | $8.86 Million | $8.50 Million | ▲ +84.1 pp |
| 2018 | -74.8% | $-3.47 Million | $4.64 Million | $49.04K | $3.51 Million | ▼ -69.2 pp |
| 2017 | -5.5% | $-2.11 Million | $38.13 Million | $39.89K | $2.15 Million | ▼ -4.9 pp |
| 2016 | -0.6% | $-236.24K | $38.67 Million | $8.34K | $244.58K | ▼ -27.0 pp |
| 2015 | 26.4% | $-48.61K | $-184.10K | $36.57K | $85.18K | ▲ +2.6 pp |
| 2014 | 23.8% | $-12.81K | $-53.81K | $10.79K | $23.59K | — |