AirNet Technology Balance Sheet Health

Financial Health criteria checks 5/6

AirNet Technology has a total shareholder equity of $11.3M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $96.4M and $85.1M respectively.

Key information

Debt to equity ratio

US$0

Debt

Interest coverage ratio	n/a
Cash	US$7.37m
Equity	US$11.28m
Total liabilities	US$85.09m
Total assets	US$96.37m

Recent financial health updates

Recent updates

Financial Position Analysis

Short Term Liabilities: ANTE's short term assets ($54.6M) do not cover its short term liabilities ($81.5M).

Long Term Liabilities: ANTE's short term assets ($54.6M) exceed its long term liabilities ($3.6M).

Debt to Equity History and Analysis

Debt Level: ANTE is debt free.

Reducing Debt: ANTE has no debt compared to 5 years ago when its debt to equity ratio was 97.1%.

Debt Coverage: ANTE has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: ANTE has no debt, therefore coverage of interest payments is not a concern.

AirNet Technology Balance Sheet Health

Financial Health criteria checks 5/6

Key information

Recent financial health updates

AirNet Announces Receipt of Nasdaq’s Determination to Grant Extension to Regain Compliance

AirNet Technology Regains Compliance with Nasdaq Minimum Bid Price Requirement

AirNet Technology Announces Receipt of Minimum Bid Price Notice from Nasdaq

AirNet Technology Inc. announced delayed 20-F filing

AirNet Regains Compliance with Nasdaq's Minimum Market Value Requirement

AirNet Receives Extension to Regain Compliance with Nasdaq's Minimum Stockholders' Equity Requirement

Recent updates

First half 2024 earnings released: EPS: US$2.48 (vs US$1.00 loss in 1H 2023)

New major risk - Market cap size

AirNet Technology Inc. has filed a Follow-on Equity Offering in the amount of $0.16 million.

New major risk - Shareholder dilution

AirNet Announces Receipt of Nasdaq’s Determination to Grant Extension to Regain Compliance

New major risk - Shareholder dilution

AirNet Technology Inc., Annual General Meeting, May 31, 2024

Full year 2023 earnings released: US$0.039 loss per share (vs US$1.71 loss in FY 2022)

AirNet Technology Inc. announced that it has received $5.666284 million in funding

New minor risk - Shareholder dilution

AirNet Technology Inc. Announces Changes in the Board of Directors

Now 21% undervalued

Insufficient new directors

AirNet Technology Inc. Appoints Fuying Yan as Co-Chief Executive Officer

Now 29% undervalued

New major risk - Share price stability

First half 2023 earnings released: US$1.10 loss per share (vs US$0.27 loss in 1H 2022)

A Look At The Intrinsic Value Of AirNet Technology Inc. (NASDAQ:ANTE)

New major risk - Negative shareholders equity

New minor risk - Financial data availability

New major risk - Share price stability

Full year 2022 earnings released: US$1.71 loss per share (vs US$3.95 loss in FY 2021)

AirNet Technology Regains Compliance with Nasdaq Minimum Bid Price Requirement

High number of new directors

AirNet Technology Announces Receipt of Minimum Bid Price Notice from Nasdaq

First half 2022 earnings released: US$0.067 loss per share (vs US$0.38 loss in 1H 2021)

AirNet Technology Inc. Appoints Shao as Director of the Board

AirNet Technology CEO Guo to resign, Dan Shao to succeed

Insufficient new directors

Insufficient new directors

Investor sentiment improved over the past week

Investor sentiment improved over the past week

Investor sentiment deteriorated over the past week

Investor sentiment deteriorated over the past week

First half 2021 earnings: EPS and revenues miss analyst expectations

Consultant Xin Li has left the company

Investor sentiment improved over the past week

Investor sentiment improved over the past week

AirNet Technology Inc. announced delayed 20-F filing

AirNet Technology Inc. Announces Management Changes

AirNet Regains Compliance with Nasdaq's Minimum Market Value Requirement

What Percentage Of AirNet Technology Inc. (NASDAQ:ANTE) Shares Do Insiders Own?

New 90-day high: US$3.21

New 90-day high: US$2.73

AirNet stock hire on signing investment agreement with Unistar

First half 2020 earnings released: US$0.41 loss per share

New 90-day high: US$1.44

AirNet Receives Extension to Regain Compliance with Nasdaq's Minimum Stockholders' Equity Requirement

Nasdaq grants AirNet time extension to regain compliance

New 90-day high: US$1.38

AirNet Tech Regains Compliance with Nasdaq Minimum Bid Price Requirement

AirNet Technology Inc. (NasdaqCM:ANTE) entered into an equity purchase framework agreement to acquire BitGeek Information Technology Co., Ltd.

AirNet Technology Announces Receipt of Deficiency Letter from Nasdaq

AirNet Technology Inc. announced that it expects to receive CNY 10 million in funding from DragonPass Company Limited

AirNet Announces Receipt of Deficiency Letter from Nasdaq

Financial Position Analysis

Debt to Equity History and Analysis

Balance Sheet

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