Boingo Wireless, Inc. logo
Boingo Wireless, Inc. WIFI

Boingo Wireless, Inc. Balance Sheet 2020-2011 | WIFI

Brief overview of Boingo Wireless, Inc.'s balance sheet strength

The comparison uses five available annual reports from the 2016–2020 interval.

Assets reached $576.5 million, compared with $381 million at the beginning. Growth of +51.3% and CAGR near 10.9% show active expansion.

Liabilities expanded faster than the asset base, +75.1% versus +51.3%. Debt-service capacity deserves attention.

The accumulated result is -$158.1 million and remains below zero. The number alone does not explain whether losses, dividends or repurchases were the main cause.

Overall picture

Boingo Wireless, Inc.'s balance sheet profile is moderate. It should be considered alongside profitability, cash flow and liability maturities.

Annual Balance Sheet Boingo Wireless, Inc.

2020 2019 2018 2017 2016 2015 2014 2013 2012 2011

Net Debt

136 M 125 M 13.8 M -19.1 M -2.52 M 2.91 M -5.35 M -26.3 M -58 M -93.5 M

Long Term Debt

172 M 163 M 152 M 6.75 M 15.9 M 16.8 M 2.62 M - - -

Total Non Current Liabilities

347 M 349 M 302 M 163 M 183 M 135 M 35.2 M 27.1 M 24.7 M 28.7 M

Total Current Liabilities

148 M 158 M 171 M 122 M 99.2 M 93.9 M 56.8 M 47.8 M 33.3 M 31.1 M

Total Liabilities

495 M 507 M 473 M 285 M 282 M 229 M 92 M 74.9 M 58 M 59.8 M

Deferred Revenue

65.3 M 61.2 M 80.4 M 61.7 M 50.9 M 25.8 M 25.5 M 19.3 M 17.3 M 13.8 M

Retained Earnings

-158 M -141 M -130 M -132 M -113 M -85.2 M -62.9 M -43.2 M -34.5 M -41.8 M

Total Assets

576 M 600 M 603 M 384 M 381 M 341 M 219 M 216 M 203 M 189 M

All numbers in USD currency

Balance Sheet is a fundamental financial report of Boingo Wireless, Inc., providing a complete picture of the company’s financial position at a specific point in time. Unlike the income statement, which records the results of operations over a certain period, the balance sheet shows what assets the company owns, what liabilities it has to creditors, and what equity is available to the owners.

For an investor, the balance sheet is important because it allows assessing the company’s financial stability, understanding how much debt it carries, and how dependent it is on borrowed financing. It helps calculate key liquidity and leverage ratios. When analyzing, attention should be paid to the debt-to-equity ratio (Debt/Equity), the amount of cash on the balance sheet, and the ratio of current liabilities to liquid assets.

Features of balance sheet analysis
  • Vertical and horizontal analysis
    Vertical analysis shows the structure of the balance sheet as a percentage of total assets or liabilities, while horizontal analysis shows the dynamics of changes over multiple periods.
  • Asset quality
    It is important to evaluate not only the amount of assets but also their liquidity and realizability.
  • Accounting for off-balance sheet liabilities
    Some liabilities may not be directly reflected in the balance sheet, which requires additional attention.

Balance sheet of other industry stocks – Telecom

Issuer Price % 24h Market Cap Country
Orange S.A. Orange S.A.
ORAN
- 0.36 % $ 29.5 B franceFrance
Система Система
AFKS
- - - russiaRussia
Lumen Technologies Lumen Technologies
LUMN
$ 6.14 -3.23 % $ 6.11 B usaUSA
Левенгук Левенгук
LVHK
- - - russiaRussia
Центральный Телеграф Центральный Телеграф
CNTL
- - - russiaRussia
МГТС МГТС
MGTS
- - - russiaRussia
Наука-Связь Наука-Связь
NSVZ
- - - russiaRussia
Ростелеком Ростелеком
RTKM
- - - russiaRussia
Таттелеком Таттелеком
TTLK
- - - russiaRussia
ATN International ATN International
ATNI
- - $ 360 M usaUSA
Altice USA Altice USA
ATUS
- 1.13 % $ 823 M usaUSA
Cuentas Cuentas
CUEN
- -54.3 % $ 1.24 M usaUSA
Cincinnati Bell Inc. Cincinnati Bell Inc.
CBB
- - $ 788 M usaUSA
Consolidated Communications Holdings Consolidated Communications Holdings
CNSL
- - $ 534 M usaUSA
COMSovereign Holding Corp. COMSovereign Holding Corp.
COMS
- -6.35 % $ 41.2 K usaUSA
Alaska Communications Systems Group, Inc. Alaska Communications Systems Group, Inc.
ALSK
- 0.29 % $ 185 M usaUSA
América Móvil, S.A.B. de C.V. América Móvil, S.A.B. de C.V.
AMOV
- -1.1 % $ 63.6 B mexicoMexico
Shenandoah Telecommunications Company Shenandoah Telecommunications Company
SHEN
- - $ 628 M usaUSA
Spok Holdings Spok Holdings
SPOK
- - $ 223 M usaUSA
ORBCOMM Inc. ORBCOMM Inc.
ORBC
- - $ 914 M usaUSA
Otelco Inc. Otelco Inc.
OTEL
- 0.17 % $ 40.2 M usaUSA
AT&T AT&T
T
$ 24.48 1.47 % $ 175 B usaUSA
Shaw Communications Shaw Communications
SJR
- 0.9 % $ 20.2 B canadaCanada
T-Mobile US T-Mobile US
TMUS
$ 180.28 0.11 % $ 203 B usaUSA
Vodafone Group Plc Vodafone Group Plc
VOD
$ 15.81 4.32 % $ 413 B britainBritain
Kaleyra Kaleyra
KLR
- - $ 90.8 M usaUSA
Telefónica, S.A. Telefónica, S.A.
TEF
- - $ 22.2 B spainSpain
Iridium Communications Iridium Communications
IRDM
- - $ 4.9 B usaUSA
PLDT PLDT
PHI
$ 19.84 0.4 % $ 4.29 B philippinesPhilippines
United States Cellular Corporation United States Cellular Corporation
USM
- 3.72 % $ 6.62 B usaUSA
Anterix Anterix
ATEX
- - $ 1.68 B usaUSA
Cogent Communications Holdings Cogent Communications Holdings
CCOI
- - $ 573 M usaUSA
Cable One Cable One
CABO
$ 40.24 7.52 % $ 227 M usaUSA
BCE BCE
BCE
$ 21.35 0.16 % $ 19.8 B canadaCanada
América Móvil, S.A.B. de C.V. América Móvil, S.A.B. de C.V.
AMX
$ 25.87 -0.54 % $ 1.6 T mexicoMexico
Chunghwa Telecom Co., Ltd. Chunghwa Telecom Co., Ltd.
CHT
- - $ 334 B taiwanTaiwan
Telephone and Data Systems Telephone and Data Systems
TDS
$ 33.75 -1.75 % $ 3.89 B usaUSA
InterDigital InterDigital
IDCC
$ 256.85 -0.56 % $ 6.63 B usaUSA
SK Telecom Co.,Ltd SK Telecom Co.,Ltd
SKM
$ 35.36 -0.87 % $ 14.4 B south-koreaSouth-korea
KT Corporation KT Corporation
KT
$ 18.68 0.59 % $ 4.59 B south-koreaSouth-korea
Gogo Gogo
GOGO
$ 3.95 3.68 % $ 528 K usaUSA
Liberty Latin America Ltd. Liberty Latin America Ltd.
LILA
$ 7.73 2.79 % $ 1.54 B usaUSA
TELUS Corporation TELUS Corporation
TU
$ 10.44 2.2 % $ 16 B canadaCanada
Ooma Ooma
OOMA
- - $ 569 M usaUSA
Vonage Holdings Corp. Vonage Holdings Corp.
VG
$ 13.01 -9.06 % $ 3.27 B usaUSA
uCloudlink Group uCloudlink Group
UCL
$ 0.9 -1.72 % $ 341 M chinaChina
Verizon Communications Verizon Communications
VZ
$ 47.54 2.42 % $ 201 B usaUSA
Rogers Communications Rogers Communications
RCI
$ 32.91 0.49 % $ 17.8 B canadaCanada
Zoom Video Communications Zoom Video Communications
ZM
$ 91.42 3.9 % $ 27.5 B usaUSA