Nextel Medical Working Capital Growth & History (MAJI)
Nextel Medical's working capital was −$386,511 for fiscal 2020.
View full Nextel Medical company overviewNextel Medical annual working capital history
| Fiscal year | Period ended | Working capital | Change | Growth |
|---|---|---|---|---|
| 2020 | 2020-04-30 | −$386,511 | −$172,225 | — |
| 2019 | 2019-04-30 | −$214,286 | −$125,164 | — |
| 2018 | 2018-04-30 | −$89,122 | — | — |
| 2012 | 2012-04-30 | −$274,446 | −$243,127 | — |
| 2011 | 2011-04-30 | −$31,319 | — | — |
Nextel Medical quarterly working capital
| Fiscal quarter | Period ended | Working capital | Change | YoY change |
|---|---|---|---|---|
| Q1 2021 | 2020-07-31 | −$463,253 | −$452,296 | — |
| Q4 2020 | 2020-04-30 | −$386,511 | −$172,225 | — |
| Q3 2020 | 2020-01-31 | −$218,658 | −$47,576 | — |
| Q2 2020 | 2019-10-31 | −$41,740 | $102,563 | — |
| Q1 2020 | 2019-07-31 | −$10,957 | — | — |
| Q4 2019 | 2019-04-30 | −$214,286 | −$125,164 | — |
| Q3 2019 | 2019-01-31 | −$171,082 | — | — |
| Q2 2019 | 2018-10-31 | −$144,303 | — | — |
| Q4 2018 | 2018-04-30 | −$89,122 | — | — |
| Q3 2013 | 2013-01-31 | −$59,526 | — | — |
| Q2 2013 | 2012-10-31 | $25,975 | — | — |
| Q1 2013 | 2012-07-31 | −$420,785 | — | — |
| Q4 2012 | 2012-04-30 | −$274,446 | −$243,127 | — |
| Q4 2011 | 2011-04-30 | −$31,319 | — | — |
Nextel Medical working capital trends
Between the periods ended 2011-04-30 and 2020-04-30, Nextel Medical's working capital decreased from −$31,319 to −$386,511, a change of −$355,192. The latest reported quarter, Q1 2021, shows −$463,253.
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.
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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