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HWNI (High Wire Networks) Liabilities-to-Assets : 1.32 (As of Dec. 2024)


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What is High Wire Networks Liabilities-to-Assets?

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities, calculated as total liabilities divided by total asset. High Wire Networks's Total Liabilities for the quarter that ended in Dec. 2024 was $7.64 Mil. High Wire Networks's Total Assets for the quarter that ended in Dec. 2024 was $5.79 Mil. Therefore, High Wire Networks's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 was 1.32.


High Wire Networks Liabilities-to-Assets Historical Data

The historical data trend for High Wire Networks's Liabilities-to-Assets can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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High Wire Networks Liabilities-to-Assets Chart

High Wire Networks Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24
Liabilities-to-Assets
0.65 0.91 1.36 1.25 1.32

High Wire Networks Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Liabilities-to-Assets Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.23 0.79 0.96 1.32

Competitive Comparison of High Wire Networks's Liabilities-to-Assets

For the Information Technology Services subindustry, High Wire Networks's Liabilities-to-Assets, along with its competitors' market caps and Liabilities-to-Assets data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


High Wire Networks's Liabilities-to-Assets Distribution in the Software Industry

For the Software industry and Technology sector, High Wire Networks's Liabilities-to-Assets distribution charts can be found below:

* The bar in red indicates where High Wire Networks's Liabilities-to-Assets falls into.


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High Wire Networks Liabilities-to-Assets Calculation

Liabilities-to-Assets ratio measures the portion of the total liabilities to the total asset. It indicates the leverage of the company, and the amount of debt the company uses in its operation.

Liabilities-to-Assets ratio is calculated by dividing total liabilities by total asset.

High Wire Networks's Liabilities-to-Assets Ratio for the fiscal year that ended in Dec. 2024 is calculated as:

Liabilities-to-Assets (A: Dec. 2024 )=Total Liabilities/Total Assets
=7.636/5.787
=1.32

High Wire Networks's Liabilities-to-Assets Ratio for the quarter that ended in Dec. 2024 is calculated as

Liabilities-to-Assets (Q: Dec. 2024 )=Total Liabilities/Total Assets
=7.636/5.787
=1.32

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


High Wire Networks  (OTCPK:HWNI) Liabilities-to-Assets Explanation

Liabilities-to-Assets is a solvency ratio indicating how much of the company’s assets are made of liabilities. It can vary greatly across different industries, as they have different capital structure. A high Liabilities-to-Assets ratio (more leveraged) suggests that the company might have potential solvency problems, or even a signal of financial distress. Conversely, a low Liabilities-to-Assets ratio usually indicates a healthy financial situation. However, it may also suggest that the company is not expanding or not making good use of debt.


High Wire Networks Liabilities-to-Assets Related Terms

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High Wire Networks Business Description

Traded in Other Exchanges
N/A
Address
30 North Lincoln Street, Batavia, IL, USA, 60510
High Wire Networks Inc provider of managed cybersecurity, managed networks, and tech-enabled professional services delivered exclusively through a channel sales model. Its Overwatch managed security platform-as-a-service offers organizations end-to-end protection for networks, data, endpoints, and users through multiyear recurring revenue contracts in this fast-growing technology segment. The company generates its key revenue from Cyber security segment and operates all reporting segments in one geographical area (the United States).
Executives
Mark William Porter director, 10 percent owner, officer: Chief Executive Officer 747 CHEEVER AVE, GENEVA IL 60134
Keith William Hayter director, officer: President C/O MANTRA VENTURE GROUP LTD., 300 CROWN OAK CENTRE DRIVE, LONGWOOD FL 32750
Roger Marcus Ponder director, officer: CEO C/O MANTRA VENTURE GROUP LTD., 300 CROWN OAK CENTRE DRIVE, LOONGWOOD FL 32750
Glenn W. Parker director C/O MANTRA VENTURE GROUP LTD.,, #562-800 15355 24TH AVENUE, SURREY A1 V4A 2H9
Patrick Dodd director, officer: Chief Technology Officer #312 - 1617 GRAVELY STREET, VANCOUVER A1 V5L 3A8
Tommy David Unger director 1162 MCGOWAN DRIVE, PRINCE GEORGE A1 V2M 6R1
Elden Schorn director STE 1247 - 235 KEITH ROAD, WEST VANCOUVER A1 V7T 1L5
Jonathan Michael Boughen director 1765 AMBLE GREENE DRIVE, SURREY A1 V4A 7J1
Buckley Con officer: CFO, PAO 1140-1185 GEORGIA STREET WEST, VANCOUVER A1 V6E 4E6
John Russell director, other: Chairman of Scientific Board 3842 WEST 30TH AVE, VANCOUVER A1 V6S 1X1
Larry Kristof director, 10 percent owner, officer: President, C.E.O. 207 WEST HASTINGS STREET, SUITE 1205, VANCOUVER A1 V6C 3L2
Sung Wook Kim director, officer: Vice President 404 1790 BAYSHORE DRIVE, VANCOUVER A1 V6G 3G5
Metradon Ventures Ltd 10 percent owner UNIT 2905, BLOCK E, TUNG NING HOUSE, 9 OI YIN HOUSE, HONG KONG F4
Dennis Petke 10 percent owner, officer: Chief Financial Officer 207 WEST HASTINGS STREET, SUITE 1205, VANCOUVER A1 V6B 1H7