Corero Network Security plc

DB:NYA1 Stock Report

Market Cap: €132.4m

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
CashUS$7.85m
EquityUS$17.18m
Total liabilitiesUS$15.10m
Total assetsUS$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.


Balance Sheet


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