Varonis Systems Balance Sheet Health
Financial Health criteria checks 5/6
Varonis Systems has a total shareholder equity of $452.3M and total debt of $250.9M, which brings its debt-to-equity ratio to 55.5%. Its total assets and total liabilities are $1.1B and $601.3M respectively.
Key information
55.5%
Debt to equity ratio
US$250.86m
Debt
Interest coverage ratio | n/a |
Cash | US$548.07m |
Equity | US$452.35m |
Total liabilities | US$601.31m |
Total assets | US$1.05b |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: V2RN34's short term assets ($707.8M) exceed its short term liabilities ($297.2M).
Long Term Liabilities: V2RN34's short term assets ($707.8M) exceed its long term liabilities ($304.1M).
Debt to Equity History and Analysis
Debt Level: V2RN34 has more cash than its total debt.
Reducing Debt: V2RN34's debt to equity ratio has increased from 0% to 55.5% over the past 5 years.
Balance Sheet
Cash Runway Analysis
For companies that have on average been loss-making in the past, we assess whether they have at least 1 year of cash runway.
Stable Cash Runway: Whilst unprofitable V2RN34 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: V2RN34 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 31.6% per year.