Extreme Networks Balance Sheet Health
Financial Health criteria checks 3/6
Extreme Networks has a total shareholder equity of $65.0M and total debt of $189.9M, which brings its debt-to-equity ratio to 292.4%. Its total assets and total liabilities are $1.1B and $1.0B respectively. Extreme Networks's EBIT is $48.5M making its interest coverage ratio 3.6. It has cash and short-term investments of $151.0M.
Key information
292.4%
Debt to equity ratio
US$189.92m
Debt
Interest coverage ratio | 3.6x |
Cash | US$151.01m |
Equity | US$64.96m |
Total liabilities | US$1.02b |
Total assets | US$1.09b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 0IJW's short term assets ($506.0M) do not cover its short term liabilities ($528.3M).
Long Term Liabilities: 0IJW's short term assets ($506.0M) exceed its long term liabilities ($492.2M).
Debt to Equity History and Analysis
Debt Level: 0IJW's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: 0IJW's debt to equity ratio has increased from 143.7% to 292.4% 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: Whilst unprofitable 0IJW has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: 0IJW is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 37% per year.