Ethernity Networks Balance Sheet Health
Financial Health criteria checks 5/6
Ethernity Networks has a total shareholder equity of $5.9M and total debt of $96.3K, which brings its debt-to-equity ratio to 1.6%. Its total assets and total liabilities are $9.7M and $3.8M respectively.
Key information
1.6%
Debt to equity ratio
US$96.31k
Debt
Interest coverage ratio | n/a |
Cash | US$1.99m |
Equity | US$5.92m |
Total liabilities | US$3.76m |
Total assets | US$9.68m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: ENET's short term assets ($3.1M) exceed its short term liabilities ($2.9M).
Long Term Liabilities: ENET's short term assets ($3.1M) exceed its long term liabilities ($815.0K).
Debt to Equity History and Analysis
Debt Level: ENET has more cash than its total debt.
Reducing Debt: ENET's debt to equity ratio has increased from 0.8% to 1.6% over the past 5 years.
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 11 months based on free cash flow estimates, but has since raised additional capital.