Akoustis Technologies Balance Sheet Health
Financial Health criteria checks 3/6
Akoustis Technologies has a total shareholder equity of $53.8M and total debt of $43.0M, which brings its debt-to-equity ratio to 79.9%. Its total assets and total liabilities are $111.9M and $58.1M respectively.
Key information
79.9%
Debt to equity ratio
US$42.99m
Debt
| Interest coverage ratio | n/a |
| Cash | US$12.88m |
| Equity | US$53.77m |
| Total liabilities | US$58.11m |
| Total assets | US$111.88m |
Recent financial health updates
Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?
Jul 07
We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate
Oct 10Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt
Sep 14Akoustis Technologies (NASDAQ:AKTS) Has Debt But No Earnings; Should You Worry?
Mar 10Recent updates
Market Might Still Lack Some Conviction On Akoustis Technologies, Inc. (NASDAQ:AKTS) Even After 36% Share Price Boost
Dec 23Does Akoustis Technologies (NASDAQ:AKTS) Have A Healthy Balance Sheet?
Jul 07Akoustis Technologies secures fourth design win for a new 5G mobile network filter
Sep 28Akoustis Technologies Non-GAAP EPS of -$0.26 misses by $0.05, revenue of $5.2M misses by $0.98M
Sep 12Akoustis Technologies receives development order for two diplexers from Fortune 100 company
Aug 24Akoustis ships second 5G mobile filter design to first foundry customer
Aug 09Akoustis: Still Bullish On Its Speculative Growth Thesis
Jul 21Akoustis Is Rapidly Ramping Up Production
Mar 31Akoustis: Valuation Metrics Show Disruptor Is Severely Undervalued
Nov 22We Think The Compensation For Akoustis Technologies, Inc.'s (NASDAQ:AKTS) CEO Looks About Right
Oct 22We're Not Very Worried About Akoustis Technologies' (NASDAQ:AKTS) Cash Burn Rate
Oct 10Despite Lacking Profits Akoustis Technologies (NASDAQ:AKTS) Seems To Be On Top Of Its Debt
Sep 14Akoustis Technologies Is Disrupting The Global RF-Filter Market
Aug 18Akoustis receives WiFi 6E design win from the new tier-1 customer
Jun 17Akoustis Technologies EPS beats by $0.06, beats on revenue
May 03Akoustis Technologies (NASDAQ:AKTS) Has Debt But No Earnings; Should You Worry?
Mar 10Don't Ignore The Fact That This Insider Just Sold Some Shares In Akoustis Technologies, Inc. (NASDAQ:AKTS)
Feb 12
Akoustis Technologies EPS misses by $0.07, beats on revenue
Feb 01Akoustis receives volume order for its 5.5 GHz and 6.5 GHz XBAW® WiFi solutions
Jan 29Did Akoustis Technologies, Inc. (NASDAQ:AKTS) Insiders Buy Up More Shares?
Jan 26Financial Position Analysis
Short Term Liabilities: AKTS's short term assets ($26.0M) exceed its short term liabilities ($14.3M).
Long Term Liabilities: AKTS's short term assets ($26.0M) do not cover its long term liabilities ($43.8M).
Debt to Equity History and Analysis
Debt Level: AKTS's net debt to equity ratio (56%) is considered high.
Reducing Debt: AKTS's debt to equity ratio has increased from 46.4% to 79.9% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: AKTS has sufficient cash runway for 3 months based on last reported free cash flow, but has since raised additional capital.
Forecast Cash Runway: AKTS is forecast to have sufficient cash runway for 2 months based on free cash flow estimates, but has since raised additional capital.