Ethernity Networks Balance Sheet Health
Financial Health criteria checks 5/6
Ethernity Networks has a total shareholder equity of $2.7M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $7.6M and $5.0M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | n/a |
| Cash | US$580.71k |
| Equity | US$2.66m |
| Total liabilities | US$4.97m |
| Total assets | US$7.63m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENET's short term assets ($1.8M) do not cover its short term liabilities ($4.4M).
Long Term Liabilities: ENET's short term assets ($1.8M) exceed its long term liabilities ($608.0K).
Debt to Equity History and Analysis
Debt Level: ENET is debt free.
Reducing Debt: ENET had no debt 5 years ago.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: ENET has sufficient cash runway for more than a year based on its current free cash flow.
Forecast Cash Runway: ENET is forecast to have sufficient cash runway for 6 months based on free cash flow estimates, but has since raised additional capital.