Aquabounty Technologies Inc key statistics and ratios
In fiscal 2023, Aquabounty Technologies Inc had return on equity of -15.4%, an operating margin of -552.9%, debt equal to 3.1% of equity and a current ratio of 2.10. Each ratio below is calculated from the figures on its income statement, balance sheet and cash flow pages.
Financial ratios
| Fiscal year | 2015Dec 2015 | 2016Dec 2016 | 2017Dec 2017 | 2018Dec 2018 | 2019Dec 2019 | 2020Dec 2020 | 2021Dec 2021 | 2022Dec 2022 | 2023Dec 2023 | LTMSept 2024 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating margin | — | — | <−999% | <−999% | <−999% | <−999% | <−999% | −711.6% | −552.9% | <−999% |
| Net margin | — | — | <−999% | <−999% | <−999% | <−999% | <−999% | −706.3% | <−999% | <−999% |
| Free-cash-flow margin | — | — | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% |
| Return on equity | — | — | −92.5% | −50.4% | −56.3% | −23.7% | −13.6% | −10.9% | −15.4% | −55.5% |
| Return on assets | — | −148.4% | −62.9% | −40.4% | −45.7% | −21.0% | −12.6% | −10.0% | −13.7% | −48.1% |
| Asset turnover | — | — | 0.00 | 0.00 | 0.01 | 0.00 | 0.01 | 0.01 | 0.01 | 0.01 |
| Current ratio | — | 3.45 | 0.51 | 3.83 | 2.65 | 46.91 | 32.79 | 6.87 | 2.10 | 3.02 |
| Debt to equity | — | 131.3% | 17.2% | 15.5% | 19.3% | 7.7% | 4.3% | 4.5% | 3.1% | 5.6% |
| Interest cover (operating income ÷ interest) | n/m | n/m | n/m | n/m | n/m | n/m | n/m | n/m | n/m | n/m |
| R&D as % of revenue | — | — | >999% | >999% | >999% | >999% | 182.6% | 28.8% | 20.5% | 19.2% |
| Capital spending as % of revenue | — | — | >999% | >999% | >999% | >999% | 486.4% | >999% | >999% | 421.7% |
| Quarter | 2022 Q4Dec 2022 | 2023 Q1Mar 2023 | 2023 Q2Jun 2023 | 2023 Q3Sept 2023 | 2023 Q4Dec 2023 | 2024 Q1Mar 2024 | 2024 Q2Jun 2024 | 2024 Q3Sept 2024 |
|---|---|---|---|---|---|---|---|---|
| Operating margin | <−999% | <−999% | −817.1% | −828.5% | 963.0% | −529.4% | <−999% | <−999% |
| Net margin | <−999% | <−999% | −825.5% | −837.2% | <−999% | <−999% | <−999% | <−999% |
| Free-cash-flow margin | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% | <−999% |
| Current ratio | 6.87 | 5.56 | 2.00 | 1.97 | 2.10 | 0.26 | 1.96 | 3.02 |
| Debt to equity | 4.5% | 4.8% | 4.9% | 4.9% | 3.0% | 5.4% | 10.2% | 5.6% |
| R&D as % of revenue | 68.3% | 30.9% | 22.6% | 25.1% | 3.7% | 15.5% | 42.6% | 147.0% |
Moat
Weak moat
How hard Aquabounty Technologies's competitive advantage looks for rivals to wear away, judged from 10 years of its own filings: returns on capital, pricing power, profit durability, cash conversion and discipline.
- Returns on capital 0 / 20
Net income has been a median -33.2% of total assets over 10 years.
- Durability 10 / 20
Operating margin has been a median -5518.2%; its worst year was -18022.7%.
- Cash conversion 0 / 20
Free cash flow was positive in 0 of 8 years, at a median -6783.5% of revenue.
- Discipline 0 / 20
The diluted share count rose 240.7% over five years; stock-based pay has been a median 151.0% of revenue.
AI disruption exposure: Low. In this industry, the business rests on physical assets, regulated networks or products AI itself depends on.
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