Extreme Historical Balance Sheet

EXTR Stock  USD 16.60  0.18  1.10%   
Trend analysis of Extreme Networks balance sheet accounts such as Other Current Liabilities of 136.1 M or Total Current Liabilities of 543.5 M provides information on Extreme Networks' total assets, liabilities, and equity, which is the actual value of Extreme Networks to its prevalent stockholders. By breaking down trends over time using Extreme Networks balance sheet statements, investors will see what precisely the company owns and what it owes to creditors or other parties at the end of each accounting year.
 
Dot-com Bubble
 
Housing Crash
 
Credit Downgrade
 
Yuan Drop
 
Covid
Financial Statement Analysis is much more than just reviewing and examining Extreme Networks latest accounting reports to predict its past. Macroaxis encourages investors to analyze financial statements over time for various trends across multiple indicators and accounts to determine whether Extreme Networks is a good buy for the upcoming year.

Extreme Networks Inventory

148.08 Million

  
Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.

About Extreme Balance Sheet Analysis

Balance Sheet is a snapshot of the financial position of Extreme Networks at a specified time, usually calculated after every quarter, six months, or one year. Extreme Networks Balance Sheet has two main parts: assets and liabilities. Liabilities are the debts or obligations of Extreme Networks and are divided into current liabilities and long term liabilities. An asset, on the other hand, is anything of value that can be converted into cash and which Extreme currently owns. An asset can also be divided into two categories, current and non-current.

Extreme Networks Balance Sheet Chart

At this time, Extreme Networks' Total Liabilities is relatively stable compared to the past year. As of 11/29/2024, Property Plant And Equipment Gross is likely to grow to about 250 M, while Short and Long Term Debt Total is likely to drop slightly above 191 M.

Total Assets

Total assets refers to the total amount of Extreme Networks assets owned. Assets are items that have some economic value and are expended over time to create a benefit for the owner. These assets are usually recorded in Extreme Networks books under different categories such as cash, marketable securities, accounts receivable,prepaid expenses, inventory, fixed assets, intangible assets, other assets, marketable securities, accounts receivable, prepaid expenses and others. The total value of all owned resources that are expected to provide future economic benefits to the business, including cash, investments, accounts receivable, inventory, property, plant, equipment, and intangible assets.

Total Current Liabilities

Total Current Liabilities is an item on Extreme Networks balance sheet that include short term debt, accounts payable, accrued salaries payable, payroll taxes payable, accrued liabilities and other debts. Total Current Liabilities of Extreme Networks are important to investors because some useful performance ratios such as Current Ratio and Quick Ratio require Total Current Liabilities to be accurate. The total amount of liabilities that a company is expected to pay within one year, including debts, accounts payable, and other short-term financial obligations.
Most accounts from Extreme Networks' balance sheet are interrelated and interconnected. However, analyzing balance sheet accounts one by one will only give a small insight into Extreme Networks current financial condition. On the other hand, looking into the entire matrix of balance sheet accounts, and analyzing their relationships over time can provide a more complete picture of the company financial strength now and in the future. Check out Investing Opportunities to better understand how to build diversified portfolios, which includes a position in Extreme Networks. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in estimate.
To learn how to invest in Extreme Stock, please use our How to Invest in Extreme Networks guide.At this time, Extreme Networks' Total Liabilities is relatively stable compared to the past year. As of 11/29/2024, Property Plant And Equipment Gross is likely to grow to about 250 M, while Short and Long Term Debt Total is likely to drop slightly above 191 M.
 2021 2022 2023 2024 (projected)
Short and Long Term Debt Total351.1M264.6M239.6M191.0M
Total Assets1.1B1.1B1.0B623.2M

Extreme Networks balance sheet Correlations

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-0.53-0.35-0.73-0.610.6-0.53-0.440.51-0.48-0.51-0.51-0.65-0.36-0.5-0.43-0.58-0.44-0.47-0.34-0.61-0.4-0.53-0.04-0.54-0.57
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Click cells to compare fundamentals

Extreme Networks Account Relationship Matchups

Extreme Networks balance sheet Accounts

201920202021202220232024 (projected)
Total Assets979.1M1.0B1.1B1.1B1.0B623.2M
Short Long Term Debt Total480.5M390.8M351.1M264.6M239.6M191.0M
Other Current Liab123.4M121.9M116.3M137.3M129.6M136.1M
Total Current Liabilities397.8M455.7M500.2M575.5M517.6M543.5M
Total Stockholder Equity5.4M54.5M90.3M116.8M25.3M24.0M
Property Plant And Equipment Net110.1M91.9M86.0M81.2M87.9M59.3M
Net Debt286.7M144.0M156.6M29.8M82.9M87.1M
Retained Earnings(980.3M)(978.3M)(934.1M)(856.0M)(942.0M)(989.1M)
Accounts Payable48.4M60.1M84.3M99.7M51.4M39.1M
Cash193.9M246.9M194.5M234.8M156.7M116.8M
Non Current Assets Total564.9M522.5M579.4M565.5M575.7M288.7M
Non Currrent Assets Other55.2M63.4M53.0M73.5M83.5M57.4M
Cash And Short Term Investments193.9M246.9M194.5M234.8M156.7M171.6M
Net Receivables122.7M156.5M184.1M182.0M89.5M88.7M
Common Stock Shares Outstanding119.8M127.7M133.5M133.6M129.3M115.2M
Liabilities And Stockholders Equity979.1M1.0B1.1B1.1B1.0B623.2M
Non Current Liabilities Total575.9M499.9M478.0M449.5M499.7M524.7M
Inventory62.6M32.9M49.2M89.0M141.0M148.1M
Other Current Assets35.0M102.7M121.2M70.3M79.7M83.7M
Other Stockholder Equity991.9M1.0B1.0B985.8M982.6M829.2M
Total Liab973.7M955.6M978.2M1.0B1.0B1.1B
Property Plant And Equipment Gross110.1M91.9M86.0M81.2M238.1M250.0M
Total Current Assets414.2M487.6M489.1M576.2M466.9M340.7M
Accumulated Other Comprehensive Income(6.4M)(2.8M)(3.1M)(13.2M)(15.5M)(14.7M)
Short Term Debt35.7M61.2M61.3M56.0M30.4M37.7M
Other Liab131.0M151.5M174.2M230.0M264.5M277.7M
Current Deferred Revenue190.2M212.4M238.3M282.5M306.1M321.4M
Other Assets55.2M63.4M60.7M73.5M66.2M69.5M
Common Stock Total Equity127K133K140K144K129.6K123.1K
Intangible Assets68.4M36.0M32.5M16.1M10.6M10.1M
Common Stock127K133K140K144K149K141.6K
Property Plant Equipment110.1M91.9M86.0M46.4M53.4M60.1M
Long Term Debt394.6M315.9M270.6M187.6M178.3M179.3M
Net Tangible Assets(394.2M)(312.7M)(342.3M)(262.2M)(236.0M)(224.2M)

Pair Trading with Extreme Networks

One of the main advantages of trading using pair correlations is that every trade hedges away some risk. Because there are two separate transactions required, even if Extreme Networks position performs unexpectedly, the other equity can make up some of the losses. Pair trading also minimizes risk from directional movements in the market. For example, if an entire industry or sector drops because of unexpected headlines, the short position in Extreme Networks will appreciate offsetting losses from the drop in the long position's value.

Moving together with Extreme Stock

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Moving against Extreme Stock

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The ability to find closely correlated positions to Extreme Networks could be a great tool in your tax-loss harvesting strategies, allowing investors a quick way to find a similar-enough asset to replace Extreme Networks when you sell it. If you don't do this, your portfolio allocation will be skewed against your target asset allocation. So, investors can't just sell and buy back Extreme Networks - that would be a violation of the tax code under the "wash sale" rule, and this is why you need to find a similar enough asset and use the proceeds from selling Extreme Networks to buy it.
The correlation of Extreme Networks is a statistical measure of how it moves in relation to other instruments. This measure is expressed in what is known as the correlation coefficient, which ranges between -1 and +1. A perfect positive correlation (i.e., a correlation coefficient of +1) implies that as Extreme Networks moves, either up or down, the other security will move in the same direction. Alternatively, perfect negative correlation means that if Extreme Networks moves in either direction, the perfectly negatively correlated security will move in the opposite direction. If the correlation is 0, the equities are not correlated; they are entirely random. A correlation greater than 0.8 is generally described as strong, whereas a correlation less than 0.5 is generally considered weak.
Correlation analysis and pair trading evaluation for Extreme Networks can also be used as hedging techniques within a particular sector or industry or even over random equities to generate a better risk-adjusted return on your portfolios.
Pair CorrelationCorrelation Matching

Additional Tools for Extreme Stock Analysis

When running Extreme Networks' price analysis, check to measure Extreme Networks' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Extreme Networks is operating at the current time. Most of Extreme Networks' value examination focuses on studying past and present price action to predict the probability of Extreme Networks' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Extreme Networks' price. Additionally, you may evaluate how the addition of Extreme Networks to your portfolios can decrease your overall portfolio volatility.