Extreme Networks Balance Sheet Health
Financial Health criteria checks 5/6
Extreme Networks has a total shareholder equity of $108.2M and total debt of $192.3M, which brings its debt-to-equity ratio to 177.7%. Its total assets and total liabilities are $1.1B and $1.0B respectively. Extreme Networks's EBIT is $127.5M making its interest coverage ratio 9.3. It has cash and short-term investments of $221.4M.
Key information
177.7%
Debt to equity ratio
US$192.26m
Debt
Interest coverage ratio | 9.3x |
Cash | US$221.40m |
Equity | US$108.18m |
Total liabilities | US$1.03b |
Total assets | US$1.14b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: EXM's short term assets ($558.2M) exceed its short term liabilities ($549.0M).
Long Term Liabilities: EXM's short term assets ($558.2M) exceed its long term liabilities ($485.5M).
Debt to Equity History and Analysis
Debt Level: EXM has more cash than its total debt.
Reducing Debt: EXM's debt to equity ratio has increased from 158.2% to 177.7% over the past 5 years.
Debt Coverage: EXM's debt is well covered by operating cash flow (124.2%).
Interest Coverage: EXM's interest payments on its debt are well covered by EBIT (9.3x coverage).