Axim Biotechnologies Working Capital Growth & History (AXIM)

Axim Biotechnologies's working capital was −$6.8M for fiscal 2024.

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Axim Biotechnologies annual working capital history

Axim Biotechnologies annual working capital

Fiscal yearPeriod endedWorking capitalChangeGrowth
20242024-12-31−$6.8M−$939,686
20232023-12-31−$5.8M−$2.5M
20222022-12-31−$3.3M−$1.3M
20212021-12-31−$1.9M−$1.2M
20202020-12-31−$783,163$973,140
20192019-12-31−$1.8M−$454,966
20182018-12-31−$1.3M$4.3M
20172017-12-31−$5.6M−$3.9M
20162016-12-31−$1.6M−$280,296
20152015-12-31−$1.4M−$782,110
20142014-12-31−$580,723−$433,110
20132013-12-31−$147,613−$49,219
20122012-12-31−$98,394−$59,432
20112011-12-31−$38,962

Axim Biotechnologies working capital trends

Over the last five fiscal years, Axim Biotechnologies's working capital decreased from −$1.8M to −$6.8M, a change of −$5.0M. The latest reported quarter, Q1 2025, shows −$6.7M.

About the metric

What working capital means

Working capital is the difference between current assets and current liabilities. It provides a snapshot of short-term operating liquidity, although negative working capital can be normal for some business models and the measure is often not meaningful for banks.

Calculation and source

How working capital is calculated

TickerStat calculates working capital as reported current assets minus reported current liabilities at the same balance-sheet date. Missing current classifications are not assumed to be zero. Fiscal periods can differ from calendar years, so exact period-end dates are included.

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