High Wire Networks (HWNI) Current Ratio
Price: $0.0394
Market Cap: $9.90M
Avg Volume: 238.19K
Market Cap: $9.90M
Avg Volume: 238.19K
Country: US
Industry: Information Technology Services
Sector: Technology
Industry: Information Technology Services
Sector: Technology
High Wire Networks Current Ratio
- Annual: 0.22
- Quarterly: 0.27
- TTM: 0.27
What is the Current Ratio?
The current ratio is a liquidity ratio that measures a company's ability to pay off its short-term liabilities with its short-term assets. A higher current ratio indicates a greater ability to meet short-term obligations.
Related Metrics
Other important metrics to assess High Wire Networks's financial health include:
- Quick Ratio - measures the company's ability to meet short-term obligations with its most liquid assets:
- Annual: 0.22
- Quarterly: 0.27
- TTM: 0.27
- Cash Ratio - measures the company's ability to pay off short-term liabilities with cash and cash equivalents:
- Annual: 0.03
- Quarterly: 0.02
- TTM: 0.02
These metrics provide insights into High Wire Networks's financial health and its ability to meet short-term obligations. Comparing these ratios with industry benchmarks can offer a deeper understanding of the company's performance.
Annual Current Ratio
0.22
Quarterly Current Ratio
0.27
TTM Current Ratio
0.27
High Wire Networks Historical Current Ratio
Historical Quick Ratio
Historical Cash Ratio
High Wire Networks Historical Ratios
The table below shows various financial metrics for each year, with the latest data available for the last fiscal year 2023.
| Year | Current Ratio | Quick Ratio | Cash Ratio |
|---|---|---|---|
| 2023 | 0.22 | 0.22 | 0.03 |
| 2022 | 0.49 | 0.49 | 0.04 |
| 2021 | 0.35 | 0.35 | 0.02 |
| 2020 | 1.21 | 0.61 | 0.08 |
| 2019 | 0.39 | 0.39 | 0.02 |
| 2018 | 0.52 | 0.52 | 0.04 |
| 2017 | 0.21 | 0.21 | 0.03 |
| 2016 | 0.00 | 0.00 | 0.00 |
| 2015 | 0.00 | 0.00 | 0.00 |
| 2014 | 0.00 | 0.00 | 0.00 |
Related Metrics
Explore detailed financial metrics and analysis for HWNI.