iSun, Inc. (ISUNQ) — 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. See defensive interval ratio of iSun, Inc. to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
iSun, Inc. Working Capital to Net Assets (2014–2023)
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. For the complete balance sheet picture, see how large is iSun, Inc.'s balance sheet.
Annual Working Capital to Net Assets for iSun, Inc. (2014–2023)
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. Explore iSun, Inc. long-term investment allocation to see how much of total assets are deployed in long-term investments.
| 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 | — |