Aspen Aerogels Inc (ASPN) — Working Capital to Net Assets Ratio
Aspen Aerogels Inc (ASPN) has a Working Capital to Net Assets ratio of 68.1% as of September 2025. Working capital of $208.18 Million (current assets of $278.92 Million minus current liabilities of $70.74 Million) is measured against net assets of $305.73 Million. A higher ratio indicates strong short-term liquidity financed by the equity base. See Aspen Aerogels Inc (ASPN) defensive interval to measure how many days the company can operate on defensive assets alone.
WC/NA Ratio
Working Capital
Current Assets
Current Liabilities
Aspen Aerogels Inc Working Capital to Net Assets (2009–2024)
This chart shows how Aspen Aerogels Inc's Working Capital to Net Assets ratio has evolved across 15 annual periods from 2009 to 2024. As of September 2025, the ratio stands at 68.1%, reflecting working capital of $208.18 Million against net assets of $305.73 Million USD. For the complete balance sheet picture, see ASPN asset base.
Annual Working Capital to Net Assets for Aspen Aerogels Inc (2009–2024)
The table below presents the year-by-year Working Capital to Net Assets ratio for Aspen Aerogels Inc from 2009 to 2024, covering 15 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. Check financial resilience of Aspen Aerogels Inc to evaluate the company's liquid asset resilience ratio.
| Year | WC/NA Ratio | Working Capital (USD) | Net Assets | Current Assets | Current Liabilities | Change (pp) |
|---|---|---|---|---|---|---|
| 2024 | 48.7% | $299.34 Million | $614.71 Million | $409.45 Million | $110.11 Million | ▲ +10.1 pp |
| 2023 | 38.6% | $188.24 Million | $488.06 Million | $266.33 Million | $78.09 Million | ▼ -26.4 pp |
| 2022 | 65.0% | $290.74 Million | $447.44 Million | $369.69 Million | $78.94 Million | ▲ +6.1 pp |
| 2021 | 58.9% | $75.59 Million | $128.41 Million | $112.15 Million | $36.55 Million | ▲ +9.9 pp |
| 2020 | 48.9% | $33.20 Million | $67.85 Million | $47.12 Million | $13.93 Million | ▲ +22.9 pp |
| 2019 | 26.0% | $15.34 Million | $58.99 Million | $45.77 Million | $30.43 Million | ▲ +5.8 pp |
| 2018 | 20.2% | $14.19 Million | $70.25 Million | $37.25 Million | $23.07 Million | ▼ -5.7 pp |
| 2017 | 25.8% | $26.09 Million | $100.94 Million | $47.66 Million | $21.57 Million | ▼ -1.9 pp |
| 2016 | 27.7% | $32.06 Million | $115.56 Million | $50.19 Million | $18.13 Million | ▼ -8.4 pp |
| 2015 | 36.1% | $44.24 Million | $122.47 Million | $61.65 Million | $17.41 Million | ▼ -6.9 pp |
| 2014 | 43.0% | $53.17 Million | $123.72 Million | $73.38 Million | $20.21 Million | ▲ +37.4 pp |
| 2013 | 5.6% | $-3.46 Million | $-61.97 Million | $28.09 Million | $31.55 Million | ▲ +8.9 pp |
| 2012 | -3.3% | $1.13 Million | $-34.55 Million | $22.28 Million | $21.14 Million | ▲ +39.3 pp |
| 2010 | -42.6% | $24.72 Million | $-58.10 Million | $43.82 Million | $19.10 Million | ▼ -396.3 pp |
| 2009 | 353.7% | $21.77 Million | $6.15 Million | $33.79 Million | $12.03 Million | — |