AKTSQ (Akoustis Technologies) Beginning Cash Position: $24.45 Mil (As of Sep. 2024)

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AKTSQ Akoustis Technologies Inc AKTSQ
12 GF Score
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What is Akoustis Technologies Beginning Cash Position?

Akoustis Technologies AKTSQ -99.89% 12 Beginning Cash Position is $24.45 Mil as of Sep. 2024. GuruFocus rates AKTSQ with a GF Score™ of 12/100.

Akoustis Technologies's Beginning Cash Position for the quarter that ended in Sep. 2024 was $24.45 Mil.

Akoustis Technologies's quarterly Beginning Cash Position increased from Mar. 2024 ($23.28 Mil) to Jun. 2024 ($32.42 Mil) but then declined from Jun. 2024 ($32.42 Mil) to Sep. 2024 ($24.45 Mil).

Akoustis Technologies's annual Beginning Cash Position declined from Jun. 2022 ($88.32 Mil) to Jun. 2023 ($80.49 Mil) and declined from Jun. 2023 ($80.49 Mil) to Jun. 2024 ($43.10 Mil).

Akoustis Technologies Beginning Cash Position Related Terms

Akoustis Technologies Beginning Cash Position Historical Data

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The historical data trend for Akoustis Technologies's Beginning Cash Position can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Akoustis Technologies Beginning Cash Position Chart

Akoustis Technologies Annual Data
Trend Jun15 Mar16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Beginning Cash Position
Get a 7-Day Free Trial Premium Member Only Premium Member Only 30.15 44.41 88.32 80.49 43.10

Akoustis Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
Beginning Cash Position Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 43.10 25.84 23.28 32.42 24.45
AKTSQ
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Akoustis Technologies Inc AKTSQ
Beginning Cash Position is just one metric. See GF Score™, valuation, warning signs, and more.
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Akoustis Technologies Beginning Cash Position Calculation

Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement.

What does a Beginning Cash Position of $24.45 Mil mean?
Akoustis Technologies (AKTSQ) has a Beginning Cash Position of $24.45 Mil as of Sep. 2024. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Akoustis Technologies and its competitors.
Is Akoustis Technologies' Beginning Cash Position too high?
Akoustis Technologies' current Beginning Cash Position is $24.45 Mil. Overall, Akoustis Technologies has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Akoustis Technologies' Beginning Cash Position compare to ELST and MLRT?
Akoustis Technologies' Beginning Cash Position of $24.45 Mil can be compared against companies in the Hardware industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Beginning Cash Position for a Hardware company?
A good Beginning Cash Position depends on the Hardware industry context. However, Beginning Cash Position should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Beginning Cash Position mean?
A high Beginning Cash Position can signal that a stock is expensive relative to its fundamentals. Beginning Cash Position is the cash and equivalents balance at the beginning of the accounting period, as indicated on the Cash Flow statement. View historical data on Akoustis Technologies and its competitors. Akoustis Technologies's current Beginning Cash Position is $24.45 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Akoustis Technologies stock overvalued right now?
Akoustis Technologies (AKTSQ) has a current Beginning Cash Position of $24.45 Mil. The current Beginning Cash Position is $24.45 Mil. Akoustis Technologies' overall GF Score™ is 12/100. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Beginning Cash Position calculated?
Beginning Cash Position is calculated from a company's financial statements. For Akoustis Technologies (AKTSQ), the current Beginning Cash Position is $24.45 Mil as of Sep. 2024. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Akoustis Technologies Business Description

Address 9805 Northcross Center Court, Suite A, Huntersville, NC, USA, 28078
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
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Beginning Cash Position is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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