Corero Network Security Balance Sheet Health
Financial Health criteria checks 6/6
Corero Network Security has a total shareholder equity of $17.2M and total debt of $0.0, which brings its debt-to-equity ratio to 0%. Its total assets and total liabilities are $32.3M and $15.1M respectively. Corero Network Security's EBIT is $829.0K making its interest coverage ratio -34.5. It has cash and short-term investments of $7.9M.
Key information
0%
Debt to equity ratio
US$0
Debt
| Interest coverage ratio | -34.5x |
| Cash | US$7.85m |
| Equity | US$17.18m |
| Total liabilities | US$15.10m |
| Total assets | US$32.28m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: NYA1's short term assets ($17.2M) exceed its short term liabilities ($9.8M).
Long Term Liabilities: NYA1's short term assets ($17.2M) exceed its long term liabilities ($5.3M).
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 21.4%.
Debt Coverage: NYA1 has no debt, therefore it does not need to be covered by operating cash flow.
Interest Coverage: NYA1 has no debt, therefore coverage of interest payments is not a concern.