High Wire Networks Balance Sheet Health
Financial Health criteria checks 1/6
High Wire Networks has a total shareholder equity of $354.0K and total debt of $2.3M, which brings its debt-to-equity ratio to 656.7%. Its total assets and total liabilities are $7.8M and $7.5M respectively.
Key information
656.7%
Debt to equity ratio
US$2.32m
Debt
| Interest coverage ratio | n/a |
| Cash | US$140.68k |
| Equity | US$354.01k |
| Total liabilities | US$7.49m |
| Total assets | US$7.84m |
Recent financial health updates
Recent updates
Financial Position Analysis
Short Term Liabilities: HWNI's short term assets ($1.9M) do not cover its short term liabilities ($7.1M).
Long Term Liabilities: HWNI's short term assets ($1.9M) exceed its long term liabilities ($388.7K).
Debt to Equity History and Analysis
Debt Level: HWNI's net debt to equity ratio (616.9%) is considered high.
Reducing Debt: Insufficient data to determine if HWNI's debt to equity ratio has reduced 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: HWNI has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: HWNI has less than a year of cash runway if free cash flow continues to reduce at historical rates of 29.7% each year