COMSovereign Holding Corp. COMSP OTC

COMSovereign Holding Corp. (COMSP) reported total assets of $20.29M and total liabilities of $37.75M for quarter ending 2023-09-30, resulting in total equity of $-17.46M.

The company held $2.04M in cash and short-term investments. Total debt stood at $24.03M, with net debt of $21.99M. The Debt-to-Equity (D/E) ratio was -1.38 (conservative).

Current ratio is 0.38, which may signal tight short-term liquidity. Interest coverage is -2.4x (weak).

Criteria supported by this page:

• HEALTH (0/100, Fail) — the balance sheet shows elevated risk in debt or liquidity metrics
• MOAT (14/100) — Total assets $20.29M and equity $-17.46M support the company's competitive scale

Overall SharesGrow Score: 29/100 with 1/7 criteria passed.