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
Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Apr 08
Is Extreme Networks (NASDAQ:EXTR) Using Too Much Debt?
Jan 04Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Jun 19Is Extreme Networks (NASDAQ:EXTR) Using Too Much Debt?
Mar 15These 4 Measures Indicate That Extreme Networks (NASDAQ:EXTR) Is Using Debt Reasonably Well
Dec 08Recent updates
Revenues Not Telling The Story For Extreme Networks, Inc. (NASDAQ:EXTR)
Jun 07Extreme Networks: Back For Another Look
Apr 14Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Apr 08Risks Still Elevated At These Prices As Extreme Networks, Inc. (NASDAQ:EXTR) Shares Dive 26%
Feb 14Solid Earnings Reflect Extreme Networks' (NASDAQ:EXTR) Strength As A Business
Feb 08Extreme Networks' Earnings: Fiscal H2 2024 Outlook Disappoints Investors
Feb 01With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case
Jan 22Is Extreme Networks (NASDAQ:EXTR) Using Too Much Debt?
Jan 04Is Now An Opportune Moment To Examine Extreme Networks, Inc. (NASDAQ:EXTR)?
Dec 10We Think Some Shareholders May Hesitate To Increase Extreme Networks, Inc.'s (NASDAQ:EXTR) CEO Compensation
Nov 02Do Extreme Networks' (NASDAQ:EXTR) Earnings Warrant Your Attention?
Aug 14An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 49% Undervalued
Jul 03Is Extreme Networks (NASDAQ:EXTR) A Risky Investment?
Jun 19If EPS Growth Is Important To You, Extreme Networks (NASDAQ:EXTR) Presents An Opportunity
May 01When Should You Buy Extreme Networks, Inc. (NASDAQ:EXTR)?
Apr 14Is Extreme Networks (NASDAQ:EXTR) Using Too Much Debt?
Mar 15Is Extreme Networks, Inc. (NASDAQ:EXTR) Trading At A 23% Discount?
Mar 02With EPS Growth And More, Extreme Networks (NASDAQ:EXTR) Makes An Interesting Case
Jan 26These 4 Measures Indicate That Extreme Networks (NASDAQ:EXTR) Is Using Debt Reasonably Well
Dec 08Extreme Networks, Inc.'s (NASDAQ:EXTR) 32% Jump Shows Its Popularity With Investors
Nov 17We Think Extreme Networks, Inc.'s (NASDAQ:EXTR) CEO Compensation Looks Fair
Nov 11Here's Why We Think Extreme Networks (NASDAQ:EXTR) Might Deserve Your Attention Today
Oct 19An Intrinsic Calculation For Extreme Networks, Inc. (NASDAQ:EXTR) Suggests It's 50% Undervalued
Oct 05Financial Position Analysis
Short Term Liabilities: EXTR's short term assets ($506.0M) do not cover its short term liabilities ($528.3M).
Long Term Liabilities: EXTR's short term assets ($506.0M) exceed its long term liabilities ($492.2M).
Debt to Equity History and Analysis
Debt Level: EXTR's net debt to equity ratio (59.9%) is considered high.
Reducing Debt: EXTR'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 EXTR has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: EXTR 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.