Inseego Balance Sheet Health
Financial Health criteria checks 2/6
Inseego has a total shareholder equity of $-85.1M and total debt of $112.3M, which brings its debt-to-equity ratio to -132%. Its total assets and total liabilities are $113.4M and $198.5M respectively.
Key information
-132.0%
Debt to equity ratio
US$112.25m
Debt
| Interest coverage ratio | n/a |
| Cash | US$11.97m |
| Equity | -US$85.06m |
| Total liabilities | US$198.45m |
| Total assets | US$113.39m |
Recent financial health updates
Recent updates
Inseego Corp.'s (NASDAQ:INSG) Popularity With Investors Under Threat As Stock Sinks 33%
Nov 15
Inseego: Disappointing Outlook Puts An End To Epic Rally - Sell
Nov 14Inseego Will Have A Challenging Journey To Be Profitable
Nov 06Inseego Shows Little Upside Potential, Lots Of Risk
Aug 14Inseego Corp. (NASDAQ:INSG) Stock's 25% Dive Might Signal An Opportunity But It Requires Some Scrutiny
Aug 07A Piece Of The Puzzle Missing From Inseego Corp.'s (NASDAQ:INSG) 43% Share Price Climb
Jun 20Analysts Are Upgrading Inseego Corp. (NASDAQ:INSG) After Its Latest Results
May 12News Flash: 3 Analysts Think Inseego Corp. (NASDAQ:INSG) Earnings Are Under Threat
Nov 08The Market Doesn't Like What It Sees From Inseego Corp.'s (NASDAQ:INSG) Revenues Yet As Shares Tumble 26%
Aug 17Is It Time To Consider Buying Inseego Corp. (NASDAQ:INSG)?
Jul 10Financial Position Analysis
Short Term Liabilities: INSG has negative shareholder equity, which is a more serious situation than short term assets not covering short term liabilities.
Long Term Liabilities: INSG has negative shareholder equity, which is a more serious situation than short term assets not covering long term liabilities.
Debt to Equity History and Analysis
Debt Level: INSG has negative shareholder equity, which is a more serious situation than a high debt level.
Reducing Debt: INSG's has negative shareholder equity, so we do not need to check if its debt has reduced over time.
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 INSG has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: INSG is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 12.5% per year.
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Company Analysis and Financial Data Status
| Data | Last Updated (UTC time) |
|---|---|
| Company Analysis | 2024/12/24 07:37 |
| End of Day Share Price | 2024/12/24 00:00 |
| Earnings | 2024/09/30 |
| Annual Earnings | 2023/12/31 |
Data Sources
The data used in our company analysis is from S&P Global Market Intelligence LLC. The following data is used in our analysis model to generate this report. Data is normalised which can introduce a delay from the source being available.
| Package | Data | Timeframe | Example US Source * |
|---|---|---|---|
| Company Financials | 10 years |
| |
| Analyst Consensus Estimates | +3 years |
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| Market Prices | 30 years |
| |
| Ownership | 10 years |
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| Management | 10 years |
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| Key Developments | 10 years |
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* example for US securities, for non-US equivalent regulatory forms and sources are used.
Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.
Analysis Model and Snowflake
Details of the analysis model used to generate this report is available on our Github page, we also have guides on how to use our reports and tutorials on Youtube.
Learn about the world class team who designed and built the Simply Wall St analysis model.
Industry and Sector Metrics
Our industry and section metrics are calculated every 6 hours by Simply Wall St, details of our process are available on .
Analyst Sources
Inseego Corp. is covered by 18 analysts. 3 of those analysts submitted the estimates of revenue or earnings used as inputs to our report. Analysts submissions are updated throughout the day.
| Analyst | Institution |
|---|---|
| John Bright | Avondale Partners |
| Timothy Long | BMO Capital Markets U.S. (Historical) |
| Kevin Dede | Brigantine Advisors |