Crossword Cybersecurity Balance Sheet Health
Financial Health criteria checks 1/6
Crossword Cybersecurity has a total shareholder equity of £576.8K and total debt of £3.4M, which brings its debt-to-equity ratio to 588.4%. Its total assets and total liabilities are £6.5M and £6.0M respectively.
Key information
588.4%
Debt to equity ratio
UK£3.39m
Debt
Interest coverage ratio | n/a |
Cash | UK£730.95k |
Equity | UK£576.84k |
Total liabilities | UK£5.96m |
Total assets | UK£6.54m |
Recent financial health updates
No updates
Recent updates
Financial Position Analysis
Short Term Liabilities: 9N4's short term assets (£2.7M) exceed its short term liabilities (£2.4M).
Long Term Liabilities: 9N4's short term assets (£2.7M) do not cover its long term liabilities (£3.6M).
Debt to Equity History and Analysis
Debt Level: 9N4's net debt to equity ratio (461.7%) is considered high.
Reducing Debt: 9N4's debt to equity ratio has increased from 0% to 588.4% 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: 9N4 has less than a year of cash runway based on its current free cash flow.
Forecast Cash Runway: 9N4 has less than a year of cash runway if free cash flow continues to reduce at historical rates of 18% each year