Summit Networks Balance Sheet Health

Financial Health criteria checks 2/6

Summit Networks has a total shareholder equity of $2.1M and total debt of $681.2K, which brings its debt-to-equity ratio to 32.7%. Its total assets and total liabilities are $2.8M and $719.2K respectively.

Key information

32.7%

Debt to equity ratio

US$681.24k

Debt

Interest coverage ration/a
CashUS$106.55k
EquityUS$2.08m
Total liabilitiesUS$719.20k
Total assetsUS$2.80m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: SNTW's short term assets ($129.5K) do not cover its short term liabilities ($719.2K).

Long Term Liabilities: SNTW has no long term liabilities.


Debt to Equity History and Analysis

Debt Level: SNTW's net debt to equity ratio (27.6%) is considered satisfactory.

Reducing Debt: Insufficient data to determine if SNTW's debt to equity ratio has reduced over the past 5 years.

Debt Coverage: SNTW's operating cash flow is negative, therefore debt is not well covered.

Interest Coverage: Insufficient data to determine if SNTW's interest payments on its debt are well covered by EBIT.


Balance Sheet


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