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 net asset quality index to measure how much of total assets are equity-financed.
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. Check ASPN intangible-adjusted equity ratio to evaluate the tangible quality of the company's equity 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. For live market cap and the full company profile, see market cap of Aspen Aerogels Inc.
| 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 | — |