Corero Network Security Balance Sheet Health
Financial Health criteria checks 6/6
Corero Network Security has a total shareholder equity of $15.4M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $25.9M and $10.5M respectively.
Key information
0%
Debt to equity ratio
US$0
Debt
Interest coverage ratio | n/a |
Cash | US$6.17m |
Equity | US$15.41m |
Total liabilities | US$10.50m |
Total assets | US$25.91m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYA1's short term assets ($10.4M) exceed its short term liabilities ($7.7M).
Long Term Liabilities: NYA1's short term assets ($10.4M) exceed its long term liabilities ($2.8M).
Debt to Equity History and Analysis
Debt Level: NYA1 is debt free.
Reducing Debt: NYA1 has no debt compared to 5 years ago when its debt to equity ratio was 20.2%.
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 NYA1 has sufficient cash runway for more than 3 years if it maintains its current positive free cash flow level.
Forecast Cash Runway: NYA1 is unprofitable but has sufficient cash runway for more than 3 years, due to free cash flow being positive and growing by 44.6% per year.